TPD

Life/Risk

Total and permanent disability products are next on the list for insurers to look at to ensure they do not become unsustainable like income protection....

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Life/Risk

Financial Services Council superannuation and life insurance members will be prohibited from the use of exclusions and restrictive disability definitions because a super ...

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Life/Risk

Income protection complaints accounted for the most complaints in regards to life insurance during FY2020-21, especially when it came to the calculation of benefits for b...

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Life/Risk

The proposed stapling of superannuation funds may leave some members ineligible to claim against their own policy after paying premiums if they are injured or ill while w...

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Superannuation

Over 30% fewer superannuation fund members have been revealed as having life insurance and total and permanent disability cover as a result of the Government’s successive...

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Life/Risk

Members are now able to obtain more insurance cover without the need for underwriting....

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Life/Risk

A Federal Opposition frontbencher has been warned against misinterpreting Australian Prudential Regulation Authority data to suggest that group TPD insurance delivers bet...

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Life/Risk

An under pressure OnePath has stepped up its efforts to cut its losses on income protection insurance by announcing a 25% increase in premiums for existing customers as w...

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Life/Risk

The FSC has announced the extension of the frontline healthcare workers and total permanent disability claims initiatives until 1 January, 2021. ...

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Life/Risk

Financial Services Council member life insurers won’t deny total and permanent disability claims for those who lost employment because of COVID-19....

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Life/Risk

Amid suggestions by the Australian Financial Complaints Authority that the Activities of Daily Living regime is “very tough”, the major insurers have flagged key changes ...

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Life/Risk

Life insurers should be prepared to go further than their own Life Insurance Code of Conduct to help clients impacted by the COVID-19 pandemic, according to the Australia...

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Financial planning

The Tax Practitioners Board latest consultation paper could result in greater training requirements for advisers. ...

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Life/Risk

Those who seek their own coverage cannot assume they will end up with a product in their best interests, according to a law firm....

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Life/Risk

The conditions attaching to some total and permanent disability insurance products sold inside superannuation made them tantamount to junk, according to consumer group, C...

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GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

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