LIFE/RISK

INDUSTRY NEWS

A focus on legacy products has become one of the biggest barriers to innovation and the industry needs to be prepared to bear the burden of investment in improving those ...

INDUSTRY NEWS

The Federal Opposition says it is willing to listen and be convinced about life insurance and commissions....

INDUSTRY NEWS

New data released by the Australian Prudential Regulation Authority has confirmed the value delivered by life/risk advisers while pointing to the continuing problematic n...

INDUSTRY NEWS

Life insurers will find their ability to use offshore reinsurers limited by new moves being pursued by the Australian Prudential Regulation Authority. ...

INDUSTRY NEWS

Life insurance claims specialist, Col Fullagar says life insurers appear to be falling back into their bad old ways, including using the Government’s COVID-19 stimulus me...

INDUSTRY NEWS

TAL is acknowledging the Australian Securities and Investments Commission’s pursuit of charges against in the Federal Court but pointing out that the regulator did not wi...

INDUSTRY NEWS

Big insurer, TAL has been found guilty in the Federal Court of breaching its duty of utmost good faith under the Insurance Contracts Act with respect to an income protect...

INDUSTRY NEWS

In a similar way to mortgage brokers, life/risk advisers are going to have to make their case if they want to retain commission-based remuneration structures....

INDUSTRY NEWS

New Zealand life and health insurance provider Partners Life has chosen FINEOS as its new claims system....

INDUSTRY NEWS

Scaled advice may reduce the cost of advice, but in the case of life/risk insurance, it may not adequately cover the best interests duty for the client....

INDUSTRY NEWS

Just 18 months out from the Australian Securities and Investments Commission delivering its review of the Life Insurance Framework a serious contradiction has emerged – s...

INDUSTRY NEWS

The Australian Prudential Regulation Authority has used its 2020 Year in Review to point to the profitability struggles of the life insurance industry....

 

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Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

6 days 19 hours ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

6 days 20 hours ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

1 week ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 1 week ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 1 week ago