LIFE/RISK

INDUSTRY NEWS

A law firm has raised the prospect of the Australian Securities and Investments Commission using its new Product Intervention Power with respect to insurance adviser remu...

INDUSTRY NEWS

Allowing life insurers to fund mental health treatment is not the solution to Australia’s mental health crisis, according to law firm Slater & Gordon....

INDUSTRY NEWS

Fears of infection have seen a higher proportion of Australian high net worth investors seeking to buy life insurance cover, according to newly-released data....

INDUSTRY NEWS

Fewer claims would need to be paid if insurers were to only pay medical bills of sick workers, according to Maurice Blackburn Lawyers. ...

INDUSTRY NEWS

Insurers need to partner with insurtechs across their entire business if they are to address legacy technology issues, according to a report....

INDUSTRY NEWS

Both the Financial Planning Association and the Association of Financial Advisers have signalled to the Australian Securities and Investments Commission that the future o...

INDUSTRY NEWS

There were 13.4 million covers in force for death cover in 2019, with cancer being the top cause at 43%, according to data...

INDUSTRY NEWS

Call centres will continue to be a part of the direct life insurance sector despite the punishment they received during the Royal Commission into Misconduct in the Bankin...

INDUSTRY NEWS

The industry has an opportunity to reduce the cost of advice and to make the process more efficient and profitable for life/risk advisers, according to MLC....

INDUSTRY NEWS

The FSC has announced the extension of the frontline healthcare workers and total permanent disability claims initiatives until 1 January, 2021. ...

INDUSTRY NEWS

People who look to make use of the Government’s hardship early superannuation access scheme need to take the impact on insurance inside superannuation into account, accor...

INDUSTRY NEWS

News reports out of Japan suggest MLC Life’s Japanese parent, Nippon Life, is considering injecting more capital as it moves to staunch losses associated with income prot...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 1 week ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

4 weeks 1 day 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...

1 week 5 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

3 weeks 1 day ago