LIFE/RISK

INDUSTRY NEWS

Life insurers in search of new business need to curb irrational practices and income protection benefit periods should be shortened to reduce premium increases, according...

INDUSTRY NEWS

The industry needs to work together to move clients in closed income protection insurance products to more sustainable products and to manage the inforce book, according ...

INDUSTRY NEWS

Despite specialist risk advisers unable to currently grow their businesses, the need for life insurance is emphatic and new advice models will help their future, accordin...

INDUSTRY NEWS

Colonial First State will reduce insurance premiums on its FirstChoice Employer Super, Essential Super, FirstChoice Personal and FirstChoice Wholesale Personal products d...

INDUSTRY NEWS

While investment market performance boosted the industry’s financial performance to $1 billion in FY21, individual disability income insurance continued to report losses....

INDUSTRY NEWS

Risk specialist advisers will have a tough time growing new business as the life insurance market continues to shrink and the cost of advice continues to rise....

INDUSTRY NEWS

Only half of Australian institutional investors say engaging on environmental issues such as climate change or the use of fossil fuels are the most important stewardship ...

INDUSTRY NEWS

The prudential regulator is collecting more granular data on insurance premiums given the deteriorating experience in individual disability income insurance. ...

INDUSTRY NEWS

New business premiums for individual disability income insurance will drop 15% due to the prudential regulator’s product intervention measures, according to DEXX&R projec...

INDUSTRY NEWS

The Financial Services Council has released the second draft of the life insurance code of practice for public consultation. ...

INDUSTRY NEWS

The sale of Westpac Life Insurance Services sees the bank’s exit manufacturing life insurance products and would release capital back to the bank. ...

INDUSTRY NEWS

The life insurer’s board has assessed that it will “not be appropriate” to repay JobKeeper funds after its 2020 calendar year net profit declined $4.6 million from the pr...

 

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Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

4 days 17 hours ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

4 days 18 hours ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

5 days 17 hours ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 1 week ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

8 months 4 weeks ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 1 week ago