INSURANCE

Financial planning

The relationship between an adviser and clients is vital for the life insurance industry and insurers should support those advisers who remain through challenging times....

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People & Products

ClearView Wealth has announced the launch of a new life insurance product series and an integrated life insurance platform....

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Life/Risk

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

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People & Products

Insurance profit after tax saw 42.4% growth during FY20 as it exited underperforming products while its wealth business was sold to LGIAsuper....

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Financial planning

There were six main areas the corporate watchdog focused on which led to a $16.5 million increase in costs of regulating the financial advice sector....

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Financial planning

The Financial Services Council has announced a collaborative work with members across the financial services industry to design templates to help enable the implementatio...

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Policy & Regulation

The insurer has dodged questions over the dismal of former CEO Pat Regan, who was let go last year after an investigation into workplace communications....

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Financial planning

Westpac has confirmed that Panorama is amongst the assets under consideration for sale, but it continues to perform for the big banking group....

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Life/Risk

TAL is acknowledging the Australian Securities and Investments Commission’s pursuit of charges against in the Federal Court but pointing out that the regulator did not wi...

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Funds management

Challenger’s group assets under management rose by 13% in the first half of the 2021 financial year, with the company declaring a dividend of 9.5 cents per share....

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Financial planning

Suncorp has reported a 23.7% drop in group net profit after tax during the first half of 2021 despite higher cash earnings. ...

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Financial planning

Financial advisers should not be unnecessarily entangled by the Government’s new insurance claims handling legislative framework just because they are taking on a new cli...

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Life/Risk

Suncorp has denied the existence of entrenched problems with respect to its total and permanent disability insurance offering but has nonetheless initiated a comprehensiv...

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Policy & Regulation

Financial advisers and authorised representatives looking to provide claims handling services for insurance products will be able to represent more than one Australian fi...

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Life/Risk

Commonwealth Bank has announced its divestment of 37.5% equity interest in BoCommLife to MS&AD Insurance Group Holdings has been approved by the China Banking and Insuran...

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Never miss the latest news and developments in wealth management industry

Ralph

How did the licensee not check this - they should be held to task over it. Obviously they are not making sure their sta...

2 hours ago
JOHN GILLIES

Faking exams and falsifying results..... Too stupid to comment on JG...

2 hours 50 minutes ago
PETER JOHNSTON- AIOFP

Must agree to disagree with you on this one Keith, with the Banks/Institutions largely out of advice now is the time to ...

3 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 2 weeks 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. ...

9 months 1 week ago

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

9 months 3 weeks ago