LIFE/RISK

INDUSTRY NEWS

The efforts of many clients and their life/risk advisers to write Agreed Value income protection cover before the 1 April deadline were stymied by the job COVID-19 job lo...

INDUSTRY NEWS

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

INDUSTRY NEWS

Private equity firm, TA Associates has signed a strategic growth investment in commercial insurance broker, Honan Insurance Group....

INDUSTRY NEWS

Consumers of all ages are adopting a “millennial mindset” and established insurers must digitise and draw upon partners to retain market share from bigtech entrants. ...

INDUSTRY NEWS

Life insurers have responded to a call to arms from Synchron to demonstrate how they are protecting customers during the COVID-19 pandemic. ...

INDUSTRY NEWS

The last vestiges of the Commonwealth Bank’s involvement in life insurance has ended with its exit from its 80% stake in an Indonesian life business....

INDUSTRY NEWS

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 ...

INDUSTRY NEWS

Life insurance commissions should be retained in the life/risk industry with no change to their structure, according to major insurer ClearView....

INDUSTRY NEWS

Data needs to be collected on the fees paid to lawyers on group life insurance claims, according to the Association of Financial Advisers....

INDUSTRY NEWS

New research has revealed that many Australians would ditch their life insurance cover while maintaining house and car insurance if faced with financial distress....

INDUSTRY NEWS

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...

INDUSTRY NEWS

The Financial Planning Association says the advocacy efforts of financial advisers on behalf of clients can often impact the dispute data collected by the Australian Prud...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 1 week ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

1 week 5 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

3 weeks 1 day ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

2 days 14 hours ago