LIFE/RISK

INDUSTRY NEWS

The major life insurers have been told to do more and spend more on addressing legacy product issues rather than waiting on Government legislation....

INDUSTRY NEWS

CommInsure has received positive feedback from the launch of a tele claims service and updates to its product offerings....

INDUSTRY NEWS

NZ insurer, Tower has moved to limit the impact of earthquakes on its bottom line by creating a new company to handle earthquake claims....

INDUSTRY NEWS

The Association of Financial Advisers has upped the ante on the Life Insurance Code of Practice urging a Parlimentary Committee to demand more of the life insurers....

INDUSTRY NEWS

Negative publicity engulfing risk and life insurance has had an adverse effect on consumer perception of the products, which has seen a drop in satisfaction levels. ...

INDUSTRY NEWS

Australian mortgage holders are borrowing within their means and are taking the initiative by getting ahead of their debt, a survey has found....

INDUSTRY NEWS

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....

INDUSTRY NEWS

Independent reviews of retail advice and group in life insurance claims at CommInsure did not find inappropriate decline of claims, the Commonwealth Bank said....

INDUSTRY NEWS

ANZ’s OneCare has launched new initiatives to streamline OneCare’s underwriting processes to allow advisers and clients to spend more time on wealth solutions....

INDUSTRY NEWS

ANZ has flagged the sale of its Australian life insurance, advice and superannuation investments business in Australia....

INDUSTRY NEWS

The Productivity Commission has been challenged on exceeding its brief by suggesting that group insurance arrangements might be subject to a separate and new competitive ...

INDUSTRY NEWS

The life insurance industry cannot move on from LIF until performance guidelines are set, Bombora believes....

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months 2 weeks 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 3 weeks ago

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

1 week 4 days 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 5 days ago

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

2 weeks 2 days ago