INSURANCE INSIDE SUPERANNUATION

Superannuation

More unintended consequences appear to have emerged from the Government’s changes to insurance inside superannuation, with superannuation funds reporting an uptick in cla...

Life/Risk

Serious questions have been raised about whether the Government even understood the existence of hundreds of thousands of ‘risk-only’ superannuation fund members when it ...

Policy & Regulation

The Financial Services Council has received a clear message from the Government that it needs to make its Life Insurance Code of Conduct enforceable....

Life/Risk

The Royal Commission today heard that AMP failed to refund members’ estates for fees charged on life insurance after AMP knew they had died....

Life/Risk

AMP Limited charged a non-smoker $72,000 worth of premiums designed to be for smokers under a system that required non-smokers to submit a declaration identifying themsel...

Superannuation

AIA has welcomed KPMG’s Insurance in Superannuation report, saying that the Government’s proposed changes would result in Australians being financially worse off....

Life/Risk

The change to default group insurance put forward by the Federal Budget could result in a 50 per cent reduction in overall insurance cover inside super, KPMG has warned....

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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 1 day ago

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

1 week 3 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 1 day ago
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