DII

Life/Risk

While individual disability income insurance products recorded a loss of $0.3 billion over the year to end March, 2021, this was a $1.1 billion improvement on last year’s...

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Life/Risk

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...

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Life/Risk

The Actuaries Institute has produced a report to underpin its call for a radical overhaul of disability income insurance in Australia which it claims has become highly un...

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Life/Risk

The Australian Prudential Regulation Authority has intervened in the disability income insurance market imposing capital requirements on insurers....

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Financial planning

Disability income insurance products and the way they have been designed do not work well for prolonged periods of disability or chronic conditions, according to the anal...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 1 week ago

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

4 months 2 weeks ago

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

6 months 2 weeks 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. ...

1 week 3 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 days ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

4 days 3 hours ago