DISABILITY INCOME INSURANCE

Life/Risk

Life insurers are not yet out of the woods on disability income insurance and should remain under scrutiny by the Australian Prudential Regulation Authority, according to...

Life/Risk

Fixed term level premiums will give more certainty for clients and will become the norm in the future but there has not been a proper level premium for a fixed term produ...

Expert Analysis

Life insurers are under the spotlight of APRA over their handling and the sustainability of disability income insurance claims, writes Integrity Resolution’s Col Fullagar...

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...

Life/Risk

The Australian Prudential Regulation Authority has ruled a line under the use of Agreed Value disability insurance policies declaring their use must cease....

Life/Risk

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

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?...

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

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

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

2 days 23 hours ago