Insurance & Property Investment News Australia

Industry news

OnePath Life to remediate $35m to customers

OnePath Life is remediating up to $35 million to over 40,000 customers who were sold life insurance policies over

12 July

MetLife Australia has announced a campaign to raise awareness around group insurance within super as many Australians remained unaware they had it.

Industry news

Insurance inside super exempt from Govt deferred sales model

Life insurance and group insurance inside superannuation will be exempt from the Government’s deferred sales model.

9 July

Money Management Original

Ongoing need to educate clients on value of advice

Only one-third of surveyed consumers believe an advised life insurance product is better quality than an unadvised

7 July

Industry news

Westpac to sell NZ life insurance business

The bank will sell its life insurance arm to Fidelity Life Assurance Company in its latest step to simplify the

6 July

Industry news

Westpac completes sale of insurance business

As previously announced, Allianz will enter into an exclusive 20-year agreement for the distribution of general

1 July

Money Management Original

Address underinsurance with simplified advice process

Advice affordability is deteriorating and advice fees should be tax deductible, according to ClearView.

29 June

Industry news

Super members need to check insurance policy

The proposed stapling of superannuation funds may leave some members ineligible to claim against their own policy

2 June

Five awards have been presented to talent in Australia’s life insurance industry at a gala dinner held in Sydney last night as part of the Financial Services Council Life Insurance Awards.

Money Management Original

Life insurance industry gradually improves

While individual disability income insurance products recorded a loss of $0.3 billion over the year to end March,

28 May

Money Management Original

Actuaries support life insurers remaining under APRA scrutiny

Life insurers are not yet out of the woods on disability income insurance and should remain under scrutiny by the

25 May

Industry news

MLC pays two COVID-19 claims

MLC Life Insurance has paid only two claims for customers with the COVID-19 virus as Australia manages to see low

14 May

Industry news

TAL welcomes focus on legacy life products

The life insurer supports the Government’s plan announced in the Budget to develop a streamlined mechanism to

13 May

Industry news

COVID-19 vaccine will not invalidate life insurance

Despite rumours suggesting otherwise, the Financial Services Council says receiving the COVID-19 vaccine will not

5 May

financial markets

Market Insights

Me

Why wouldn’t they make a profit The new products have barely gotten off the ground and both AMP...

Group lump sum still suffering losses1 day 12 hours ago

Jack Doff

I'm with you Wildcat.
Good luck to them scaling empathy and understanding in an...

Creating an advice brand to rival banks 1 day 14 hours ago

Clapanon

Relax old boy. In a few years time when a large cohort of our present day comrades have departed...

Low number of advisers moving to new licensees after resigning1 day 14 hours ago

Life/Risk

OnePath Life to remediate $35m to customers

Insurance inside super exempt from Govt deferred sales model

Ongoing need to educate clients on value of advice

Westpac to sell NZ life insurance business

Westpac completes sale of insurance business

Address underinsurance with simplified advice process

Super members need to check insurance policy

Life insurance industry gradually improves

Actuaries support life insurers remaining under APRA scrutiny

MLC pays two COVID-19 claims

TAL welcomes focus on legacy life products

COVID-19 vaccine will not invalidate life insurance

Me

Jack Doff

Clapanon

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Jack Doff

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