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LIFE/RISK
INDUSTRY NEWS
The Australian Prudential Regulation Authority has set the major life insurers an eight-week deadline to correct their issues on disability income insurance....
INDUSTRY NEWS
The Association of Financial Advisers has told Treasury that insurance inside superannuation is of lesser quality than advised insurance, with there being an important tr...
INDUSTRY NEWS
Major insurer ClearView has urged life/risk advisers to complete a survey about the future of their businesses in a post-LIF and Royal Commission world so their voices ca...
INDUSTRY NEWS
Changes to anti-hawking regulations likely won’t impact insurance advisers as their discussions with clients on risk products generally fall within regulatory definitions...
INDUSTRY NEWS
Freedom Insurance Group has announced an in-principle agreement to transfer its policy administration business to a third party as a precursor to exiting the market....
INDUSTRY NEWS
The results of BT’s Cancer Assistance Program, which offers early intervention to clients diagnosed with cancer, have shown that the early help led to better outcomes for...
INDUSTRY NEWS
New data on life insurance claims and disputes has confirmed clients are often better off when they use an adviser....
INDUSTRY NEWS
The latest data from research house Dexx&r has revealed the degree to which a cessation of direct life insurance sales has hit the bottom lines of the major life insurers...
INDUSTRY NEWS
In a sign that all the major life/risk insurers are backing a continuation of commission-based remuneration for advisers beyond the 2021 Life Insurance Framework review, ...
INDUSTRY NEWS
Challenger has announced the expansion of its relationship with MS&AD Insurance Group Holdings to support its growth both in Australia and internationally....
INDUSTRY NEWS
The attitude of politicians from both the major parties has made clear that life/risk advisers will have to fight hard to retain commission-based remuneration beyond the ...
INDUSTRY NEWS
A plaintiff law firm has claimed the Financial Services Council and the insurance sector has been dragged ‘kicking and screaming’ towards enforceable codes of conduct....
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So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...