LIFE/RISK

INDUSTRY NEWS

It will be early next year before Suncorp completes the sale of its life insurance business to TAL....

INDUSTRY NEWS

Within two months of the Banking Royal Commission’s insurance hearings decimating Freedom Insurance, its chief executive, Craig Orton, has announced he will step down for...

INDUSTRY NEWS

The Financial Services Council wants to extend its insurance code of conduct to “all life insurance distributors”....

INDUSTRY NEWS

AMP Limited has pointed to an Australian Securities Exchange decision as vindicating the nature of its insurance sale transaction with Resolution Life....

INDUSTRY NEWS

ANZ OnePath has rebuilt its insurance underwriting engine, the ultimate endgame of which is to give clients a policy in real time....

INDUSTRY NEWS

As the insurers scramble to navigate increasing mental health concerns, the Australian Psychological Society has called on them to “urgently” address discrimination again...

INDUSTRY NEWS

The Federal Government has been urged to drop the minimum age for automatic insurance cover inside superannuation to 21, rather than age 25....

INDUSTRY NEWS

The Financial Services Council has announced that it will place a moratorium on genetic tests for life insurance from July 2019....

INDUSTRY NEWS

The Australian Lawyers Alliance wants the Royal Commission to inject more transparency into insurance within superannuation to create awareness of sub-standard policy ter...

INDUSTRY NEWS

Plaintiff law firm, Maurice Blackburn has labelled the Financial Services Council’s failed bid to have life/risk insurers allowed involvement in worker rehabilitation as ...

INDUSTRY NEWS

The Joint Parliamentary Committee on Corporations and Financial Services has rebuffed an FSC proposal to allow life/risk insurers to participate in getting injured worker...

INDUSTRY NEWS

The Commonwealth Bank has exited virtually all of its insurance exposures with the sale of 80 per cent of its Indonesian life insurance business....

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...

2 weeks 1 day 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 3 days ago

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

5 days 4 hours ago