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INSURANCE
Life/Risk
The life insurance industry is getting killed thanks to customers being ignored when they ask questions, an Integrity Resolutions principal believes. ...
Editorial
Mike Taylor writes that ASIC must deal in the complex realities of insurance claims handling, not the headline-making perceptions....
Life/Risk
The Association of Financial Advisers has claimed vindication following the Government's announcement of key changes to the underlying LIF regulations, including reducing...
Life/Risk
MLC Life Insurance, in partnership with National Australia Bank, has expanded the distribution of its life insurance product to 760 branches across Australia. ...
Policy & Regulation
The Australian Securities and Investments Commission will scrutinise non-advised life/risk sales as a central element of the second stage of its examination of claims han...
Life/Risk
Life insurers who decline up to 37 per cent of TPD claims should have been named by ASIC, according to Maurice Blackburn Lawyers....
Life/Risk
The Government should ban sales commissions on life insurance to better protect consumers, Industry Super Australia said....
Life/Risk
Under investigation by ASIC, CommInsure has paid claims totalling $2.5 million after updating its definitions....
Financial planning
Federal minister, Kelly O’Dwyer, will seek to re-introduce the LIF legislation into Parliament this Thursday, but she stressed the Government did not want to add to the u...
People & Products
Zurich's acquisition of the Macquarie Life risk business has resulted in key hires in its distribution team across all states....
Life/Risk
Consumer group, Choice, wants default group insurance changed on the basis that people are paying for insurance they do not need rather than actually being underinsured. ...
Financial planning
ASIC has banned former BTFG financial adviser, Michael Mahoney, from providing financial services for four years for misleading and deceptive conduct when providing insur...
Life/Risk
Consumers are often sceptical of insurers and the claims process and the industry needs to be more transparent to rectify this, BT Financial Group believes....
Financial planning
AMP has launched new design and technology enhancements to its web-based platform which supports AMP Elevate insurance....
Financial planning
Planners were increasingly using platforms for writing insurance but they were demanding more choice in the range of insurers, as well as for the ability to change cover ...
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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...