LIFE/RISK

INDUSTRY NEWS

New data released by Dexx&r has confirmed that exiting bank ownership has paid dividends for MLC Life barely two years after being substantially divested by NAB....

INDUSTRY NEWS

MLC Life Insurance’s changes to its business development support offering to financial advisers has so far seen improvements in lapse rates for insurance....

INDUSTRY NEWS

New player in the Australian life insurance sector, NEOS Life, has launched its retail life insurance offer, which will be distributed through financial advisers....

INDUSTRY NEWS

The latest Australian Prudential Regulation Authority data confirms AMP Limited’s insurance roots remains strong....

INDUSTRY NEWS

The Federal Treasurer, Scott Morrison, has strongly ruled out the possibility of the Commonwealth compensating people identified in the Royal Commission as having been wr...

INDUSTRY NEWS

The Financial Services Council has backed calls for life insurer involvement in injured worker rehabilitation with new research....

INDUSTRY NEWS

The banking group has made a revised takeover bid proposal for Virgin Money in an effort to create a new national competitor in UK banking....

INDUSTRY NEWS

ANZ Bank New Zealand has agreed to sell OnePath Life NZ for NZ$700 million to specialist insurance business Cigna Corporation....

INDUSTRY NEWS

There would need to be an alignment of the various state and territory workers’ compensation jurisdictions to enable life insurers to participate in getting injured worke...

INDUSTRY NEWS

MLC Life Insurance has told a Parliamentary Joint Committee that life insurers should be allowed to contribute more to worker rehabilitation, albeit with clear limitation...

INDUSTRY NEWS

Australian insurtechs don’t believe industry incumbents are embracing start-up innovation fast enough, according to a new report....

INDUSTRY NEWS

The Australian Workers Union has alleged ulterior motives in a Financial Services Council call to allow the big life insurers to get injured workers back to work sooner....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months 1 week 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 2 weeks ago

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

4 days 15 hours 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 5 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

4 weeks 1 day ago