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Financial planning
Possible insurance changes as a result of superannuation fund mergers should be a talking point for advisers to demonstrate their value when it comes to insurance advice....
Financial planning
NEOS and MLC Life Insurance have released their Encompass Protection retail life insurance offering designed in response to the increasing cost of providing risk advice....
Life/Risk
The Financial Services Council has urged Australians who have lost their life insurance policies due to recent flooding to utilise the FSC’s services to help them find ou...
Life/Risk
Claims to the Insurance Council of Australia have reached almost 31,000 in a single day in relation to the flood emergency in Queensland and New South Wales....
Financial planning
The organisation believes a review into professional indemnity insurance is crucial before a compensation scheme of last resort can be filed, in order to identify sources...
Financial planning
The relationship between an adviser and clients is vital for the life insurance industry and insurers should support those advisers who remain through challenging times....
People & Products
ClearView Wealth has announced the launch of a new life insurance product series and an integrated life insurance platform....
Life/Risk
The sale of Westpac Life Insurance Services sees the bank’s exit manufacturing life insurance products and would release capital back to the bank. ...
People & Products
Insurance profit after tax saw 42.4% growth during FY20 as it exited underperforming products while its wealth business was sold to LGIAsuper....
Financial planning
There were six main areas the corporate watchdog focused on which led to a $16.5 million increase in costs of regulating the financial advice sector....
Financial planning
The Financial Services Council has announced a collaborative work with members across the financial services industry to design templates to help enable the implementatio...
Policy & Regulation
The insurer has dodged questions over the dismal of former CEO Pat Regan, who was let go last year after an investigation into workplace communications....
Financial planning
Westpac has confirmed that Panorama is amongst the assets under consideration for sale, but it continues to perform for the big banking group....
Life/Risk
TAL is acknowledging the Australian Securities and Investments Commission’s pursuit of charges against in the Federal Court but pointing out that the regulator did not wi...
Funds management
Challenger’s group assets under management rose by 13% in the first half of the 2021 financial year, with the company declaring a dividend of 9.5 cents per share....
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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...