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INSURANCE
Life/Risk
The Australian Prudential Regulation Authority has backed life insurers playing a greater role in injured worker rehabilitation subject to a unified approach with other i...
Policy & Regulation
The Kiwi regulator’s thematic review on replacement business practices in the insurance industry has a number of important findings for the sector, according to the Finan...
Life/Risk
The Australian Securities and Investments Commission has urged giving consumers the right to take legal action against insurers who breach the Financial Services Council’...
Life/Risk
Self-regulation would not be an adequate protection if life insurers were permitted to participate in worker rehabilitation, according to mental health body, beyondblue....
Superannuation
Superannuation fund records are not always accurate enough to determine when a member is really inactive, meaning some people could be significantly disadvantaged by move...
Financial planning
The Association of Financial Advisers has urged the Australian Prudential Regulation Authority to make the claims-handling performance of the major life insurers public, ...
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
While 90 per cent of firms are confident of their capability to respond to crises, only 17 per cent have tested their preparedness, according to a Deloitte study....
Superannuation
The Australian Prudential Regulation Authority has confirmed that removing the compulsion from insurance inside superannuation for those aged under 25 will have serious i...
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
MLC Life Insurance has appointed chief underwriter of HSBC in Hong Kong, Mick Jones, as the new head of underwriting....
Life/Risk
The latest Australian Prudential Regulation Authority data confirms AMP Limited’s insurance roots remains strong....
Life/Risk
The Financial Services Council has backed calls for life insurer involvement in injured worker rehabilitation with new research....
Expert Analysis
Col Fullagar tells five short stories that may be suitable as bedtime reading for those interested or involved in the Royal Commission....
Life/Risk
There would need to be an alignment of the various state and territory workers’ compensation jurisdictions to enable life insurers to participate in getting injured worke...
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MARKET INSIGHTS
Podcast
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...