DISABILITY

Life/Risk

New data analysed by KPMG has confirmed insurers have paid out double the number of disability claims for policies sold through financial advisers....

Life/Risk

Disability insurance is continuing to significantly drag on the bottom lines of the major insurers despite goodwill “discrete goodwill write-offs”...

Superannuation

New data presented to a Senate Committee has revealed that around $560 million in life and disability claims were paid to super fund members with less than $6,000 in thei...

Life/Risk

The Australian Prudential Regulation Authority has shown concern that poor disability income insurance, reporting that the performance and sustainability of DII products ...

Life/Risk

The latest data from Dexx&r points to an improving outlook for life/risk insureres on the back of better lump sum and disability discontinuance rates....

Life/Risk

The latest Australian Prudential Regulation Authority data has revealed disability insurance as a continuing problem for Australia’s insurers....

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

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 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 4 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 ago