LIFE/RISK

INDUSTRY NEWS

ASIC would review issues in the life insurance industry with a culture lens, ASIC told an FSC conference panel....

INDUSTRY NEWS

Aon and Adviser Ratings have entered a partnership to launch a cyber-insurance policy for advisers to allow them to take out cyber liability insurance....

INDUSTRY NEWS

A new analysis has suggested life/risk advisers are facing an almost immediate 33 per cent reduction in cashflow when the new Life Insurance Framework is activated on 1 J...

INDUSTRY NEWS

ASIC has once again called for the exemption removal of insurance claims handling from the Corporations Law after CommInsure was cleared of any wrongdoing as per the law....

INDUSTRY NEWS

CommInsure will extend its heart attack definitions to include customer claims from October 2012, following ASIC’s report....

INDUSTRY NEWS

Kaplan Professional has launched two insurance diploma courses, which will include ongoing assessment with coaching feedback and case studies. ...

INDUSTRY NEWS

ASIC has called for various improvements in CommInsure’s claims handling process in its report on its investigation into the firm....

INDUSTRY NEWS

The Australian Institute of Superannuation Trustees wants all commissions and other forms of conflicted remuneration for the sale of retail life policies banned....

INDUSTRY NEWS

The Minister for Revenue and Financial Services, Kelly O’Dwyer suggests life insurance commissions should have been addressed within FOFA....

INDUSTRY NEWS

The corporate regulator would soon request life insurers to provide them with claims outcome data as part of their 2017 life insurance industry review, Peter Kell said....

INDUSTRY NEWS

ING Australia reported a 10 per cent earnings growth for 2016 over the previous year owing to growth in customer numbers....

INDUSTRY NEWS

ASIC has examined 60,000 documents as part of its CommInsure investigation and will deliver its findings by the end of the month....

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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....

1 week 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...

3 weeks 1 day ago

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

1 week 5 days ago