LIFE/RISK

INDUSTRY NEWS

Colonial First State retained CommInsure as its group insurer despite it performing poorly against a number of industry benchmarks but that may change following the sale ...

INDUSTRY NEWS

New research from Roy Morgan has shown only 6.1 per cent of risk and life insurance policy holders looking to switch providers are doing so upon the advice of a broker or...

INDUSTRY NEWS

The financial services group said it will sell its Australian life insurance arm to TAL Dai-ichi Life Australia for $725 million after announcing a 4.1 per cent dip in FY...

INDUSTRY NEWS

Suncorp Limited has confirmed the signing of a non-binding Heads of Agreement to sell its life insurance business to TAL Dai-Ichi Life Australia....

INDUSTRY NEWS

The Australian Prudential Regulation Authority has backed life insurers playing a greater role in injured worker rehabilitation subject to a unified approach with other i...

INDUSTRY NEWS

The Australian Securities and Investments Commission has urged giving consumers the right to take legal action against insurers who breach the Financial Services Council’...

INDUSTRY NEWS

Self-regulation would not be an adequate protection if life insurers were permitted to participate in worker rehabilitation, according to mental health body, beyondblue....

INDUSTRY NEWS

The commencement of the Life Insurance Framework has put increased pressure on advisers to re-evaluate cost structures and improve practice efficiency....

INDUSTRY NEWS

While 90 per cent of firms are confident of their capability to respond to crises, only 17 per cent have tested their preparedness, according to a Deloitte study....

INDUSTRY NEWS

The Australian Prudential Regulation Authority has shown concern that poor disability income insurance, reporting that the performance and sustainability of DII products ...

INDUSTRY NEWS

Commonwealth Bank has completed the sale of its life insurance business in New Zealand to AIA Group Limited....

INDUSTRY NEWS

NEOS Life, a new entrant to the life insurance market, has chosen Pacific Life Re as its partner reinsurer and UnderwriteMe as its underwriting platform....

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

2 months ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months 3 weeks ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

3 months ago

BlackRock Australia plans to launch a Bitcoin ETF later this month, wrapping the firm’s US-listed version which is US$85 billion in size....

6 days 10 hours ago

ASIC has banned a Melbourne-based financial adviser for eight years over false and misleading statements regarding clients’ superannuation investments....

2 weeks 6 days ago

ASIC has banned a Melbourne-based financial adviser who gave inappropriate advice to his clients including false and misleading Statements of Advice....

2 weeks 4 days ago
moneymanagement logo