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LIFE/RISK
INDUSTRY NEWS
A key Senate Committee has been told that the Government’s new Design and Distribution Obligations and Product Intervention powers risk putting advisers in conflict with ...
INDUSTRY NEWS
The finalists have been named in the Money Management/Dexx&R Adviser Choice Risk Awards in a tight race for the honours....
INDUSTRY NEWS
MetLife has secured the insurance mandate of Tasplan, following a tender process which will see the insurer deliver group life offerings to the fund’s 145,000 members....
INDUSTRY NEWS
ClearView has told the Royal Commission it has no intention of returning to direct life/risk insurance and will remain focused on the advised market....
INDUSTRY NEWS
The Royal Commission has been urged to hold the board members of ClearView to account for breaches of directors’ duties relating to the activities of its direct life/risk...
INDUSTRY NEWS
AMP Limited has sought to rebut claims made during the Royal Commission that it engaged in misconduct in its deduction of superannuation fund members’ insurance premiums ...
INDUSTRY NEWS
New research has shown that retail insurance cover customers could be “seriously damaging” their wealth through inappropriate indexation of premium costs....
INDUSTRY NEWS
Freedom Insurance has suspended direct insurance sales with its managing director, Keith Cohen, leaving the business immediately....
INDUSTRY NEWS
At least four of AMP’s corporate superannuation clients are in the process of reviewing their arrangements in the wake of successive rounds of hearings before the Royal C...
INDUSTRY NEWS
The Royal Commission has released a policy document which has directly questioned the future of life/risk commissions and raised the issue of banning direct insurance via...
INDUSTRY NEWS
Life/risk insurers self-reported just 23 breaches of the Financial Services Council’s code of conduct to the Life Code Compliance Committee....
INDUSTRY NEWS
Life/risk insurers have been placed on notice that the Royal Commission may recommend measures to hold them responsible for psychiatric injury inflicted on clients by cla...
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It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...