LIFE/RISK

INDUSTRY NEWS

Life/risk advisers face taking account of a new factor – the reality that Government changes to bring insurance under the Unfair Contracts Terms regime will expose life i...

INDUSTRY NEWS

The Association of Financial Advisers has warned that a significant unintended consequence of the Government’s changes to insurance inside superannuation will be an incre...

INDUSTRY NEWS

Serious questions have been raised about whether the Government even understood the existence of hundreds of thousands of ‘risk-only’ superannuation fund members when it ...

INDUSTRY NEWS

Resolution Life has signalled it wants to complete the AMP Life deal despite the regulatory hurdles while life/risk executives contemplate what a resumption of AMP Life w...

INDUSTRY NEWS

A decision by the Reserve Bank of New Zealand has left the sale of AMP Life in disarray....

INDUSTRY NEWS

Freedom Insurance Group has announced a belated $33.4 million loss to the Australian Securities Exchange while confirming the exit of its chief executive and the involvem...

INDUSTRY NEWS

New data released by the Australian Prudential Regulation Authority has confirmed just how much advisers help customers at claim time....

INDUSTRY NEWS

The Financial Services Council has included a moratorium on genetic testing for life insurance cover up to $500,000 within its Life Insurance Code of Practice....

INDUSTRY NEWS

The Financial Planning Association has given its backing to the standardisation of terms and definitions with respect to insurance with MySuper products but has caused ag...

INDUSTRY NEWS

The Australian Prudential Regulation Authority’s latest Life Insurance Institution-level statistics publication has managed to paint a picture of the industry as it was u...

INDUSTRY NEWS

The financial planning industry’s two major member associations have confirmed that they will be taking a joint approach to the regulator’s life insurance review, with re...

INDUSTRY NEWS

A new whitepaper developed by ClearView is arguing that policy-makers have railed to understand life/risks commissions and the significant risks associated with removing ...

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

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 1 week 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 6 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 2 days ago

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

4 days 1 hour ago