LIFE/RISK

INDUSTRY NEWS

The Australian Securities and Investments Commission has raised the possibility that some of the direct sales models being used by life insurance companies could breach t...

INDUSTRY NEWS

AMP has launched a new video series and updated diagnostic tools for its Life Insurance Framework resource hub....

INDUSTRY NEWS

The life insurance industry will be required to use uniform definitions following work by APRA and ASIC which found meaningful comparisons could not be made under current...

INDUSTRY NEWS

BT Financial Group has today announced the expansion of its life insurance approved product list....

INDUSTRY NEWS

ANZ Wealth has launched a new online platform, to better prepare advisers for the industry changes that will be brought in by the Life Insurance Framework reforms on 1 Ja...

INDUSTRY NEWS

The latest Australian Prudential Regulation Authority analysis points to a life/risk industry still struggling to return to normal levels of profitability....

INDUSTRY NEWS

Even a small rise in the number of genetic tests could lead to significant increases in life insurance claims costs, according to the Actuaries Institute. ...

INDUSTRY NEWS

The current group life regime is skewed against individual superannuation fund members and is serving to enrich the insurance companies, according to ClearView....

INDUSTRY NEWS

A life insurance policy lapse is not the issue but rather if the advice given was poor, according to a panel....

INDUSTRY NEWS

The insurance sector faces systemic difficulties dealing with mental health coverage, the Actuaries Institute has found....

INDUSTRY NEWS

Correspondence provided to Money Management has revealed why the Australian Securities and Investments Commission declined an FOI request to release documents relating to...

INDUSTRY NEWS

MLC Life has won back-to-back Risk Company of the Year awards at the annual Money Management Risk Breakfast....

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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 2 weeks 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....

5 days 20 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 6 days ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

1 week 3 days ago