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INSURANCE
Financial planning
ASIC has cancelled the AFS licence of a Sydney-based firm, Core Insurance, for failing to lodge financial statements and auditor reports. ...
Life/Risk
The new LIF laws due to come into effect this year are filled with holes and lacks clarity around what would happen if there was a change of licensee and/or adviser, a la...
Life/Risk
Australians are more willing to cut back on investment plans and life insurance than car insurance and mobile phones, a survey finds....
Superannuation
Those employees who did not receive their entitled superannuation guarantee from employers risked being unable to access their insurance benefits through their super....
Life/Risk
The Commonwealth Bank has lifted interest rates for homebuyers looking to fix their home loan in what RateCity has called a sign of what will come for rate variability....
Life/Risk
The major life insurers have been told to do more and spend more on addressing legacy product issues rather than waiting on Government legislation....
Life/Risk
CommInsure has received positive feedback from the launch of a tele claims service and updates to its product offerings....
People & Products
The Insurance Council of Australia has appointed QBE Group COO, Colin Fagen, as its new chairman....
Life/Risk
NZ insurer, Tower has moved to limit the impact of earthquakes on its bottom line by creating a new company to handle earthquake claims....
Life/Risk
Negative publicity engulfing risk and life insurance has had an adverse effect on consumer perception of the products, which has seen a drop in satisfaction levels. ...
Superannuation
Superannuation funds have been warned to fix the problems which have seen super balances eroded by insurance premiums....
Life/Risk
Independent reviews of retail advice and group in life insurance claims at CommInsure did not find inappropriate decline of claims, the Commonwealth Bank said....
Life/Risk
The life insurance industry cannot move on from LIF until performance guidelines are set, Bombora believes....
Financial planning
ASIC has permanently banned a former Queensland authorised representative of an insurance product distributor after being sentenced for fraud and stealing....
Life/Risk
The life insurance industry is missing out on an opportunity by just having half a dozen providers on APLs without basis, according to a panel....
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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...