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Former MLC insurance and superannuation agent, Ivan Thomas Merlin of Ballarat, has been sentenced to six months imprisonment, after being charged with larceny and charges...
INDUSTRY NEWS
The number of documented cases of people being refused insurance after being gene-tested has almost doubled since recent publicity about gene-testing according to directo...
INDUSTRY NEWS
Australia’s life insurance industry has failed to realise the full benefits of e-commerce and risks being swamped by its Internet savvy competitors....
INDUSTRY NEWS
The Australian Investment and Securities Commission (ASIC) has secured its first gaol sentence under the Insurance (Agents and Brokers) Act with the sentencing of Royce C...
INDUSTRY NEWS
The future of Australia’s life insurance industry may be in serious doubt, following a dark skies forecast from former AMP Financial Services managing director Ray Greens...
INDUSTRY NEWS
Life insurance companies are about to embark on a major industry-wide outsourcing campaign, according to a recent research report....
INDUSTRY NEWS
Mergers and acquisitions, an increase in claims and more generous definitions of Total and Permanent Disability (TPD) have reduced the number of group life products on of...
INDUSTRY NEWS
Insurance bonds will remain an attractive investment vehicle for high income investors until at least the end of the next financial year. Michael Abbott explains their at...
INDUSTRY NEWS
Taxation of Australian general insurance premiums is the highest in the world, according to a study released today by financial services group Deloitte Touche Tohmatsu....
INDUSTRY NEWS
Bank of New Zealand Financial Services Group (FSG) has been renamed BNZ In-vestments and Insurance (BNZII)....
INDUSTRY NEWS
Income protection has had its fair share of trouble in the past five years as life insurance groups have scrambled to fix loss-making books of business. One major trend r...
INDUSTRY NEWS
The Australian Securities and Investments Commission (ASIC) has relaxed its policy on sending life insurance applications electronically....
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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...