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An insurance group that has agreed to establish a facility to provide professional indemnity insurance for members of the Association of Financial Advisers (AFA) will tur...
INDUSTRY NEWS
Trauma insurance grew out of the early 80’s Critical Illness insurance developed in South Africa. Since that time this type of insurance has spread across the globe and i...
INDUSTRY NEWS
American International Assurance (Australia) (AIA) launched Women’s SmartCover, a female crisis assistance benefit, this month. This introduction of a targeted women’s pr...
INDUSTRY NEWS
Are you thinking that risk insurance is not the force it once was? Well it may be time to think again as the product that built the industry re-asserts itself. JASON SPIT...
INDUSTRY NEWS
While the insurance industry is in disarray and premiums are going through the roof, risk insurance is too important to be dismissed. JOHN ASHTON reports on how planners ...
INDUSTRY NEWS
The Australian Prudential Regulation Authority (APRA) has issued Prudential Standard (PS) 3 aimed at prolonging the life of actuarial standard 6.01 (AS6.01) which require...
INDUSTRY NEWS
The Federal Government is gearing up to act in the key areas of professional indemnity insurance and the implementation of the Financial Services Reform Act (FSRA) accord...
INDUSTRY NEWS
The crisis in professional indemnity insurance which has engulfed many professions in recent weeks has hit home for financial planners, with at least two more groups refu...
INDUSTRY NEWS
The Financial Planning Association (FPA) has threatened to take its case directly to the Government if it fails to broker a solution with the insurance industry over the ...
INDUSTRY NEWS
Tower Life Australia has launched a new disability income product aimed at providing a more individual insurance solution for clients....
INDUSTRY NEWS
Not since Desert Storm a decade ago has the insurance industry had to seriously consider warlike activities, let alone a disaster of the nature that occurred in the alleg...
INDUSTRY NEWS
Advisers scramble to restore indemnity insurance...
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The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...