INSURANCE

Life/Risk

The Australian Workers Union has alleged ulterior motives in a Financial Services Council call to allow the big life insurers to get injured workers back to work sooner....

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Life/Risk

MLC Life has added a superannuation fund-focused mental health product to its armoury....

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Life/Risk

The Australian Prudential Regulation Authority has suggested there is scope for allowing life insurers to assist in getting workers back to work sooner....

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Life/Risk

Nearly a quarter of income protection claims involve mental health conditions, according to ANZ claims data....

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Life/Risk

Plaintiff law firm Maurice Blackburn has accused the major life insurers of having ulterior motives for wanting to rehabilitate workers and get them back to work sooner....

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Superannuation

The Government has received a negative financial services industry response to its move to make insurance inside superannuation “opt-in” for those aged under 25 and those...

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Life/Risk

ClearView has welcomed changes in last night’s Budget to make group insurance opt-in for workers under 25, calling for the policy to be extended to all superannuation mem...

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Expert Analysis

Nathan Walker writes that while the need to consolidate superannuation is well-publicised, advisers need to pay more attention to consolidating clients’ insurance schemes...

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Financial planning

The Association of Financial Advisers has lashed the Parliamentary Joint Committee report into life insurance arguing it is a rehash which falls short of its objectives....

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Life/Risk

Plaintiff law firm Maurice Blackburn has named AIA, CommInsure and TAL as code ‘culprits’ in its submission to the Royal Commission....

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People & Products

The former MLC head of group insurance product and strategy will be responsible for developing products complementing the insurance giant’s member-focused initiatives....

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Life/Risk

Many Australians deem their house more important than their health, according to the survey by AIA Australia....

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Life/Risk

A key Parliamentary Committee has urged strong scrutiny of past and present insurance Approved Product Lists and move to fully open APLs....

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Superannuation

Superannuation and insurance law firm Berrill and Watson has said that the Parliamentary Joint Committee into Superannuation’s report should have lifted the exemption of ...

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Features

Mike Taylor writes that the texture of the Australian life insurance industry has fundamentally changed with all but one of the major banks having exited the sector....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 2 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

4 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

6 months 2 weeks 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. ...

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. ...

4 days 8 hours ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

5 days 11 hours ago