LIFE/RISK

Life/Risk

The Australian Prudential Regulation Authority has shown concern that poor disability income insurance, reporting that the performance and sustainability of DII products ...

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People & Products

MLC Life Insurance has appointed chief underwriter of HSBC in Hong Kong, Mick Jones, as the new head of underwriting....

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Superannuation

AIA has welcomed KPMG’s Insurance in Superannuation report, saying that the Government’s proposed changes would result in Australians being financially worse off....

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Life/Risk

The change to default group insurance put forward by the Federal Budget could result in a 50 per cent reduction in overall insurance cover inside super, KPMG has warned....

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Life/Risk

The Financial Services Council has backed calls for life insurer involvement in injured worker rehabilitation with new research....

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Expert Analysis

Col Fullagar tells five short stories that may be suitable as bedtime reading for those interested or involved in the Royal Commission....

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Life/Risk

There would need to be an alignment of the various state and territory workers’ compensation jurisdictions to enable life insurers to participate in getting injured worke...

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Financial planning

New data released by the Australian Prudential Regulation Authority and the Australian Securities and Investments Commission has confirmed that consumers do better at cla...

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Financial planning

New data confirms that the loss of grandfathered commissions hardly compares with the impact of planners losing life/risk commissions....

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Life/Risk

MLC Life Insurance has told a Parliamentary Joint Committee that life insurers should be allowed to contribute more to worker rehabilitation, albeit with clear limitation...

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Life/Risk

Australian insurtechs don’t believe industry incumbents are embracing start-up innovation fast enough, according to a new report....

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Life/Risk

The Australian Workers Union has alleged ulterior motives in a Financial Services Council call to allow the big life insurers to get injured workers back to work sooner....

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Life/Risk

MLC Life has added a superannuation fund-focused mental health product to its armoury....

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Life/Risk

ClearView has welcomed changes in last night’s Budget to make group insurance opt-in for workers under 25, calling for the policy to be extended to all superannuation mem...

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Life/Risk

Many Australians deem their house more important than their health, according to the survey by AIA Australia....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 2 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months 3 weeks ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

4 days 2 hours ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

1 week 2 days ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

2 weeks ago