LIFE/RISK

INDUSTRY NEWS

Key consumer groups Choice, the Financial Rights Legal Centre and the Consumer Action Law Centre have rejected Financial Services Council proposals to allow life insurers...

INDUSTRY NEWS

MLC Life has added a superannuation fund-focused mental health product to its armoury....

INDUSTRY NEWS

Personal insolvencies in the March quarter 2018 rose a slight 0.1 per cent on the same quarter in 2017 to 7,910....

INDUSTRY NEWS

The Australian Prudential Regulation Authority has suggested there is scope for allowing life insurers to assist in getting workers back to work sooner....

INDUSTRY NEWS

Nearly a quarter of income protection claims involve mental health conditions, according to ANZ claims data....

INDUSTRY NEWS

The Australian Council of Trade Unions has criticised calls for private life insurers to be allowed a greater role in worker rehabilitation claiming it is part of a Finan...

INDUSTRY NEWS

Plaintiff law firm Maurice Blackburn has accused the major life insurers of having ulterior motives for wanting to rehabilitate workers and get them back to work sooner....

INDUSTRY NEWS

ClearView has welcomed changes in last night’s Budget to make group insurance opt-in for workers under 25, calling for the policy to be extended to all superannuation mem...

INDUSTRY NEWS

The much-vaunted Cooperation Agreement between ClearView Wealth and Sony Life Insurance is being terminated in the wake of the big Japanese insurer not following through ...

INDUSTRY NEWS

BOQ has sold its St Andrew’s Insurance arm to Freedom Insurance Group, comprising a $35 million quota reinsurance arrangement and cash proceeds of around $30 million....

INDUSTRY NEWS

AIA Australia and New Zealand has called for reforms to life insurance legislation to allow insurers to fund early intervention and treatment for mental health conditions...

INDUSTRY NEWS

Plaintiff law firm Maurice Blackburn has named AIA, CommInsure and TAL as code ‘culprits’ in its submission to the Royal Commission....

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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 19 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