Insurance & Property Investment News Australia

Royal Commission 'lawyers' funding fest'

21 September

Life/Risk

FSC faces questioning on enforceability of Code of Practice

The Royal Commission has raised the issue of the enforceability of the life insurance code of practice, with the

The Productivity Commission sees insurance as a key issue impacting superannuation fund member returns and intends examining the value for money actually delivered.

21 September

Life/Risk

Do insurers pay to influence advice?

Financial Services Council chief executive, Sally Loane, has admitted to the Royal Commission that insurers

21 September

Life/Risk

Cold calling life sales unlawful, FSC chief tells RC

Financial Services Council chief executive Sally Loane has told the Royal Commission that direct sales of life

21 September

Life/Risk

PPS Mutual expands range of benefits

In an effort to better meet the needs of its members, specialist insurer PPS Mutual has updated definitions and

The Australian Prudential Regulation Authority has confirmed the advertising campaigns mounted by plaintiff law firms are driving higher insurance claims experience.

20 September

Life/Risk

Suncorp insurance boss admits to poor communication

Suncorp chief executive, insurance, Gary Dransfield has admitted to the Royal Commission that it could have “

Limited licensing for accountants could be a chance for planners to provide peer-to-peer mentoring to accountants and bridge the gap between the two sectors.

20 September

Life/Risk

Life insurers increasingly reliant on advisers

New data points to life insurers becoming increasingly reliant on advisers as the major banks exit life insurance

18 September

Life/Risk

Allianz attempted to “correct” independent reports

Allianz attempted to either change or kill two separate independent reports into its compliance procedures that

18 September

Life/Risk

Allianz investigating historic compliance issues

The Royal Commission has heard that Allianz is checking past compliance issues to see if they should have been

17 September

Life/Risk

AMP charged clients life insurance premiums post-death

The Royal Commission today heard that AMP failed to refund members’ estates for fees charged on life insurance

17 September

Life/Risk

AMP charged non-smokers a smokers’ premium

AMP Limited charged a non-smoker $72,000 worth of premiums designed to be for smokers under a system that required

Industry fund rejects Royal Commission calls

17 September

Life/Risk

AMP to again front RC

AMP Limited faces another period in the Royal Commission witness box today, this time focused on its insurance

Superannuation funds need to provide new members with an easily understood but detailed explanation of what, precisely, insurance within super is delivering, according to the Insurance in Superannuation Working Group.

17 September

Life/Risk

Disclosure docs don’t help people choose better insurance

New research has found that government-mandated insurance disclosure doesn’t help people make better purchasing

Say it ain't so

Very interesting game being played here. Now that ASIC/Industry Funds have Advisers defeated,...

Industry funds flex investor muscle on bank bonuses12 hours 9 min ago

sdf

It is next to impossible to have "robust procedures" in place to effectively monitor...

ASIC holding licensees to account for planner actions13 hours 46 min ago

Ted Stryker

I would love to know the percentage breakdown between 'IFA's and 'Aligned'...

Planners account for 52% of unpaid EDR determinations14 hours 45 min ago

Life/Risk

FSC faces questioning on enforceability of Code of Practice

Do insurers pay to influence advice?

Cold calling life sales unlawful, FSC chief tells RC

PPS Mutual expands range of benefits

Suncorp insurance boss admits to poor communication

Life insurers increasingly reliant on advisers

Allianz attempted to “correct” independent reports

Allianz investigating historic compliance issues

AMP charged clients life insurance premiums post-death

AMP charged non-smokers a smokers’ premium

AMP to again front RC

Disclosure docs don’t help people choose better insurance

U.S. equity picture in 3 parts: Policy, economy and markets

U.S. Outlook: Aging economic expansion still flexing its muscles

Fast-track life with Alternative Terms

Riders on the storm: Fixed income investing for a rising rate world

3 key takeaways from the U.S. midterm elections

Say it ain't so

sdf

Ted Stryker

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Ted Stryker