DISABILITY INSURANCE

Life/Risk

A new Actuaries Institute Taskforce report has laid bare the fragility of the disability insurance market and has recommended changes to product ratings, a best interests...

Life/Risk

The latest Australian Prudential Regulation Authority life insurance data has revealed a negative picture of profitability being badly undermined by disability products....

Life/Risk

Actuarial research and ratings house, Rice Warner has pointed to the disability insurance problems facing the major insurers and the vexed question of best interests vers...

Life/Risk

The Australian Prudential Regulation Authority has set the major life insurers an eight-week deadline to correct their issues on disability income insurance....

Life/Risk

APRA figures have shown an 11.5 per cent year-on-year rise in the Australian life insurance industry’s net policy revenue to $17.9 billion in the September 2018 quarter....

Life/Risk

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

People & Products

ANZ OnePath’s Pre-Assessment Wizard can potentially help planners obtain on-the-spot information on the likely cost of life insurance for clients with specific known medi...

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....

Financial planning

New APRA data confirms that disability-related products are continuing to drag on the bottom line of the major insurers....

Awards

MLC has secured the top spot for the Super Risk Disability Income Product award, after coming in second last year....

Life/Risk

APRA data combines with research from Munich Re to point to badly flawed disability insurance market....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 3 weeks 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 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. ...

3 weeks 5 days 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 1 day ago

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

2 weeks 4 days ago