INSURANCE INDUSTRY

People & Products

Metlife appoints Damien Green as interim Australian CEO following looming departure of Lieberman. ...

Financial planning

Metlife appoints Damien Green as interim Australian CEO following looming departure of Marc Lieberman. ...

Funds management

NAB Wealth has reported a mixed result for the year ending 30 September, mostly due to the challenging life insurance industry conditions....

Life/Risk

CommInsure’s Tim Browne says the company had stopped using the word ‘churn’ because it doesn’t accurately represent the underlying issue, which is policy design....

Life/Risk

Choosi’s parent company Hollard Financial Services has agreed to change the way it promotes funeral insurance under the Real Insurance brand, as a result of concerns rais...

Life/Risk

APRA member Ian Laughlin lays it on the line on the insurer failures which have led to hefty premium rises for super fund members....

Life/Risk

APRA buys into lapse/churn debate but points to particular problems with respect to directly-marketed products....

Financial planning

American International Group Australia (AIG) has launched what it is promoting as the world's first "Evergreen" management insurance policy, titled Gold Complete....

Life/Risk

Life insurance claim payments have jumped by 10.7 per cent over the last 12 months, breaking through $4 billion in claim payments, according to new figures released by th...

Financial planning

Small businesses in the finance and insurance industry were the most likely to report a rise in revenue for the last year, according to a survey conducted by accountancy ...

Life/Risk

APRA wants to remove the confidentiality status of data collected from Australia’s major insurers....

Life/Risk

We can buy everything online – clothes, shoes, cars, holidays – so it is only natural that the direct life insurance channel is becoming part of the online tsunami. How t...

Life/Risk

In the ongoing debate about risk insurance fees versus commission, it’s time to think about the financial adviser's value proposition, writes Col Fullagar. ...

Financial planning

The Financial Services Council (FSC) is set to seek class order relief from provisions in the Trade Practices Act in order to implement its anti-churning policy, accordin...

Financial planning

BlackRock analysis points to a need for investors to review fixed interest allocations in a low-rate environment....

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MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 month 3 weeks ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months 2 weeks ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

2 months 3 weeks ago

ASIC has canceled the AFSL of Sydney-based asset consultant and research firm....

3 weeks 3 days ago

ASIC has banned a Melbourne-based financial adviser for eight years over false and misleading statements regarding clients’ superannuation investments....

1 week 5 days ago

ASIC has banned a Melbourne-based financial adviser who gave inappropriate advice to his clients including false and misleading Statements of Advice....

1 week 3 days ago
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