LIFE INSURERS

Life/Risk

Life insurers are struggling to sustain profitability in the face of challenging markets and tighter regulation with the Life Insurance Framework also playing a part....

Life/Risk

The latest Australian Prudential Regulation Authority life insurance data has revealed a negative picture of profitability being badly undermined by disability products....

Life/Risk

Life/risk advisers face taking account of a new factor – the reality that Government changes to bring insurance under the Unfair Contracts Terms regime will expose life i...

Life/Risk

Serious questions have been raised about whether the Government even understood the existence of hundreds of thousands of ‘risk-only’ superannuation fund members when it ...

Financial planning

Major insurer ClearView has committed to defending life/risk commissions in the face of the negative findings from the Royal Commission....

Life/Risk

The Joint Parliamentary Committee on Corporations and Financial Services has rebuffed an FSC proposal to allow life/risk insurers to participate in getting injured worker...

Policy & Regulation

Life insurance companies are now under a legal obligation to provide consistent data on claims and disputes to the Australian Prudential Regulation Authority and the Aust...

Life/Risk

Insurers have been accused of manipulating policy definitions to create “junk insurance”, particularly with respect to permanent disablement, according to Maurice Blackbu...

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MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 month 3 weeks ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months 2 weeks ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

2 months 3 weeks ago

ASIC has canceled the AFSL of Sydney-based asset consultant and research firm....

3 weeks ago

ASIC has banned a Melbourne-based financial adviser for eight years over false and misleading statements regarding clients’ superannuation investments....

1 week 2 days ago

ASIC has banned a Melbourne-based financial adviser who gave inappropriate advice to his clients including false and misleading Statements of Advice....

1 week ago
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