From the implementation of the FASEA regime through to the recommendations of the Royal Commission, Mike Taylor writes, a lot had changed before the Australian Securities...

Scaled advice may reduce the cost of advice, but in the case of life/risk insurance, it may not adequately cover the best interests duty for the client....

Just 18 months out from the Australian Securities and Investments Commission delivering its review of the Life Insurance Framework a serious contradiction has emerged – s...

The Australian Prudential Regulation Authority has used its 2020 Year in Review to point to the profitability struggles of the life insurance industry....

Financial advisers should be granted as much leeway as lawyers in providing assistance with insurance claims, according to the Association of Financial Advisers....

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...

In a boost to the company’s struggling technology services, it has appointed Rick Wingfield as chief innovation and transformation officer....

Superannuation funds negotiating new group insurance arrangements will have to prove and certify that they are in the best interests of members....

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

In the latest step of the acquisition, AIA Australia will notify CommInsure policyholders of their transfer to the life insurer which is subject to the Federal Court of A...

The Australian Securities and Investments Commission is now claiming that its pivotal REP 413 which acted as the catalyst for the Life Insurance Framework is no longer re...

Nippon Life and National Australia Bank have provided a $650 million capital injection to MLC Life with Nippon Life declaring it will be carefully monitoring developments...

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

The Australian Securities and Investments Commission has released a new draft document outlining how financial advisers and licensees will need to seek variations to thei...