Insurance & Property Investment News Australia

18 September

Life/Risk

Allianz attempted to “correct” independent reports

Allianz attempted to either change or kill two separate independent reports into its compliance procedures that

Royal Commission 'lawyers' funding fest'

18 September

Life/Risk

Allianz investigating historic compliance issues

The Royal Commission has heard that Allianz is checking past compliance issues to see if they should have been

17 September

Life/Risk

AMP charged clients life insurance premiums post-death

The Royal Commission today heard that AMP failed to refund members’ estates for fees charged on life insurance

17 September

Life/Risk

AMP charged non-smokers a smokers’ premium

AMP Limited charged a non-smoker $72,000 worth of premiums designed to be for smokers under a system that required

Industry fund rejects Royal Commission calls

17 September

Life/Risk

AMP to again front RC

AMP Limited faces another period in the Royal Commission witness box today, this time focused on its insurance

Superannuation funds need to provide new members with an easily understood but detailed explanation of what, precisely, insurance within super is delivering, according to the Insurance in Superannuation Working Group.

17 September

Life/Risk

Disclosure docs don’t help people choose better insurance

New research has found that government-mandated insurance disclosure doesn’t help people make better purchasing

14 September

Life/Risk

RC hears Rest acted in insurer’s benefit

The Royal Commission has heard that superannuation fund, Rest, acted in its insurer’s benefit, and not the benefit

14 September

Life/Risk

TAL added to mentally ill insured’s stress: RC

The Royal Commission has heard that TAL’s treatment of an insured not only denied the mentally ill customer

AustralianSuper public sector members are now eligible for early release of super and insurance payouts if they have a life expectancy of up to 24 months.

14 September

Life/Risk

Did TAL incentivise managers to deny claims?

TAL has today faced rigorous questioning by the Royal Commission as to whether case managers and senior staff were

More than half of Australians who only have life insurance in their super are not confident in the level of cover they have, according to a survey.

14 September

Life/Risk

Direct life/risk almost valueless, says Synchron chair

Direct life insurance is barely worth the paper it is written on, according to the chairman of life/risk-focused

13 September

Life/Risk

TAL investigators gathered info under false pretences, RC told

Multiple TAL case managers appeared to have instructed investigators to attend hospitals and police stations under

13 September

Life/Risk

Aug1

Women in Financial Services 2019

Sep12

Future of Wealth Management 2019 - Advice

Matt D

Or, to put it more simply, ASFA would like to receive an annual FDS from APRA. I looks forward...

Super funds rule out regulatory cross-subsidies10 hours 10 min ago

Jossel Ginsburg

Another important aspect has arisen since the terrorist attacks in Sri Lanka. Young members with...

CFS announces platform fee reductions12 hours 7 min ago

XY

Well ASIC seperated themselves from the Public Service Act, so now they can pay themselves what...

Super funds rule out regulatory cross-subsidies15 hours 11 min ago

Life/Risk

Allianz attempted to “correct” independent reports

Allianz investigating historic compliance issues

AMP charged clients life insurance premiums post-death

AMP charged non-smokers a smokers’ premium

AMP to again front RC

Disclosure docs don’t help people choose better insurance

RC hears Rest acted in insurer’s benefit

TAL added to mentally ill insured’s stress: RC

Did TAL incentivise managers to deny claims?

Direct life/risk almost valueless, says Synchron chair

TAL investigators gathered info under false pretences, RC told

RC finds TAL went on “fishing expeditions” to protect bottom line

Discover the Essentials of Sustainability Investing

Nadun's story: A stroke of bad luck

Strategies to fund residential aged care

Global equities in 2019: earnings downturn or economic recession?

The Next Generation Investment Platform

Matt D

Jossel Ginsburg

XY

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