LIFE/RISK

INDUSTRY NEWS

A focus on legacy products has become one of the biggest barriers to innovation and the industry needs to be prepared to bear the burden of investment in improving those ...

INDUSTRY NEWS

The Federal Opposition says it is willing to listen and be convinced about life insurance and commissions....

INDUSTRY NEWS

New data released by the Australian Prudential Regulation Authority has confirmed the value delivered by life/risk advisers while pointing to the continuing problematic n...

INDUSTRY NEWS

Life insurers will find their ability to use offshore reinsurers limited by new moves being pursued by the Australian Prudential Regulation Authority. ...

INDUSTRY NEWS

Life insurance claims specialist, Col Fullagar says life insurers appear to be falling back into their bad old ways, including using the Government’s COVID-19 stimulus me...

INDUSTRY NEWS

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...

INDUSTRY NEWS

Big insurer, TAL has been found guilty in the Federal Court of breaching its duty of utmost good faith under the Insurance Contracts Act with respect to an income protect...

INDUSTRY NEWS

In a similar way to mortgage brokers, life/risk advisers are going to have to make their case if they want to retain commission-based remuneration structures....

INDUSTRY NEWS

New Zealand life and health insurance provider Partners Life has chosen FINEOS as its new claims system....

INDUSTRY NEWS

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....

INDUSTRY NEWS

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...

INDUSTRY NEWS

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

 
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MARKET INSIGHTS

PETER JOHNSTON- AIOFP

Well done Keith and Neil, these Canberra Bureaucrats need to be stopped. ...

3 days 5 hours ago
JOHN GILLIES

WHEN I RETIRED A LOT OF GUY'S WERE STILL PRACTICING FORMS OF COLD CALLING. There nothing wrong with it as a way of estab...

4 days 5 hours ago
JOHN GILLIES

I thought you joined a dealer to be protected and have a better version of regulation explained, BUT The dealers themsel...

4 days 5 hours ago

ASIC has cancelled the AFS licence of a Sydney wealth firm, the fifth Sydney firm to see a cancellation since the start of the year....

1 week 4 days ago

A former financial adviser has been banned by ASIC from providing financial services for inappropriate advice, among multiple breaches....

3 weeks 5 days ago

More than 20 winners from the funds management industry have been crowned at this year’s awards....

4 days 12 hours ago