Clearview’s targeting of particular demographics for its life/risk products has come under fire on the first day of the Royal insurance hearings, in regard to the insurer...

The Royal Commission has been told that Australia’s 10 major life insurers have paid advisers around $6 billion in commissions over the past five years....

AMP Limited has admitted to the existence of life/risk churn in its submissions to the Royal Commission into Misconduct in the Banking, Superannuation and Financial Servi...

The practices which led to ClearView ending its direct life sales and undertaking a $1.5 million remediation process will kick off today’s sixth round of hearings of the ...

The Australian Securities and Investments Commission has placed insurers and superannuation funds on notice to lift their game in the wake of a report which has found the...

TAL’s agreement with Suncorp to acquire the latter’s Australian life insurance business is binding as of today, subject to regulatory approvals in Australia and Japan and...

The Financial Services Council has welcomed a regulator’s positive review on the role of the FSC Life Insurance Code of Practice in the sale of direct life insurance, whi...

An Australian Securities and Investments Commission report has pointed to significant ongoing problems with direct life sales including poor practices and product design....

TAL, CommInsure, AMP and ClearView have been named to front the next round of hearings of the Royal Commission into Misconduct in the Banking, Superannuation and Financia...

MLC Life has drawn recruits from a range of competitors to help building its group insurance business....

Facing heavier regulatory scrutiny, new research has suggested that Australia’s major life insurers will likely look to greater use of technology....