INSURANCE

Life/Risk

ASIC has permanently banned a NSW insurance broker from providing financial services after he was convicted of fraud....

Life/Risk

Conduct risk will be a central theme for life insurers and regulators over the next decade, an expert believes....

Life/Risk

Money Management once again teamed up with research house, DEXX&R, for the twelfth consecutive year to recognise excellence in the life/risk industry at the 2015 Adviser ...

Life/Risk

TAL Direct, trading as InsuranceLine, paid a $10,200 penalty for a false and misleading advertisement for its Income Protection Plus product ...

Life/Risk

A new report on general insurance disclosure reveals a desire to steer clear of the personal advice regime and a push to get ASIC relief to do so. ...

Life/Risk

New data suggests insurers are tightening their guidelines, making it harder to get life, income protection and TPD....

Life/Risk

To reduce the complexity of insurance claims, AIA and Sunsuper have streamlined and reduced the amount of paperwork needed for a claim....

Life/Risk

Col Fullagar points to push towards advice-based approach to life/risk via a truly wholesale risk insurance premium....

Life/Risk

Advisers’ uptake of a program aimed at supporting them to transition from up-front commissions to a hybrid system reflects their willingness to change, a life insurer bel...

Superannuation

AustralianSuper public sector members are now eligible for early release of super and insurance payouts if they have a life expectancy of up to 24 months....

Life/Risk

If state and territory governments replaced inefficient stamp duties on insurance policies, the national economy could be boosted by $575 million, says the ICA....

Life/Risk

The Financial Services Council’s position supporting three-year clawbacks demands that advisers take enormous leaps of faith and defies the position of some members, clai...

Financial planning

ASIC has permanently banned Isaac Hakim from providing financial services after he misled clients on broker fees and insurance premiums....

Tools & guides

Krishna Skandakumar, Heather Gray and Andrew O’Bryan look at the various changes that have occurred in insurance within superannuation and self-managed superannuation fun...

Life/Risk

BT adjusts its superannuation-related life products to accommodate changes to the terminal illness release conditions....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months ago

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

5 months 1 week ago

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

7 months 1 week ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

1 week 6 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

3 weeks 2 days ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

3 days 12 hours ago