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LIFE/RISK
INDUSTRY NEWS
Research has found advisers will attempt to offset changes stemming from the new life insurance commission regime with improvements to business efficiency or expanding th...
INDUSTRY NEWS
ASIC’s continuing investigation of ACE Insurance results in an adviser being permanently banned....
INDUSTRY NEWS
The AIOFP has labelled the tri-party life/risk commission regime changes as a sell out of advisers and will submit its own amended regime model this week....
INDUSTRY NEWS
Life insurer AIA Australia has committed to another five years of partnership with the mental health initiative SuperFriend....
INDUSTRY NEWS
Claims that life/risk advisers have been getting 120 per cent upfront commissions are a myth with the real figure being substantially lower....
INDUSTRY NEWS
Life insurer TAL has committed $150 million to a project aimed at delivering a cooperative approach to the post-Trowbridge changes to life/risk....
INDUSTRY NEWS
Two insurers have agreed to refund customer of payday lender, The Cash Store, $2 million over “useless” insurance cover....
INDUSTRY NEWS
The FSC warns that the States are milking the insurance sector for revenue with impacts for under-insurance and that a renegotiation of the GST agreement represents a par...
INDUSTRY NEWS
Specialist lawyer, Ian McDermott warns that licensees may be left carrying the can on claw-backs if advisers change dealer groups mid-stream....
INDUSTRY NEWS
Synchron has the major insurers tendering on a level premium, set-term remuneration model as it argues that claw-backs can be unfair....
INDUSTRY NEWS
Australians could be wasting more than $100,000 worth of retirement savings through unnecessary life and TPD insurance that is automatically added to each superannuation ...
INDUSTRY NEWS
The focus on premiums reductions under the new LIF regime ignores wider changes that will take place in the insurance sector, according to the head of a major insurer....
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Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...
So we are now underwriting criminal scams?...