The Association of Financial Advisers has claimed vindication following the Government's announcement of key changes to the underlying LIF regulations, including reducing...

MLC Life Insurance, in partnership with National Australia Bank, has expanded the distribution of its life insurance product to 760 branches across Australia. ...

APRA is considering whether the whistleblowing provisions of the Life Insurance Act were adhered to in the CommInsure claims handling controversy....

Major group insurer, TAL, has confirmed the payment of ‘profit share rebates’ to superannuation funds in the expectation they will be used for the benefit of members....

Life insurers who decline up to 37 per cent of TPD claims should have been named by ASIC, according to Maurice Blackburn Lawyers....

The Government should ban sales commissions on life insurance to better protect consumers, Industry Super Australia said....

It is vital to have a better understanding of the underlying drivers behind the variations in the claims handling process of insurance, AIST believes....

Under investigation by ASIC, CommInsure has paid claims totalling $2.5 million after updating its definitions....

ASIC has delivered life insurers are relatively clean bill of health on claims handling but with significant caveats, particularly around TPD....

The Life Insurance Code of Practice falls short of reasonable community expectations about how insurers should behave, an insurance lawyer believes....

FSC releases life insurance Code of Conduct while defining relationship between insurers and advisers as separate and different....