INSURANCE

Life/Risk

There is a lack of product innovation in the insurance industry to tackle high lapse rates but now might be a good opportunity in light of the Trowbridge report, a non-al...

Life/Risk

John Trowbridge has challenged the life insurance sector to adopt and contribute to suggested changes instead of criticising the models raised....

Financial planning

A Perth based adviser has challenged politicians to run a successful risk insurance businesses under the models they are advocating claiming it would be impossible to do ...

Life/Risk

If life insurance companies want to repair some of the reputational damage inflicted on their industry they need to commit to delivering on their product promises....

Editorial

While there has been plenty of debate around risk insurance advice, Col Fullagar argues that a more important debate needs to be had about how the major insurers deliver ...

Life/Risk

With the ever-increasing presence of technology, regulation and the self-directed client, Craig Parker says the traditional risk adviser has to evolve into a risk profess...

Life/Risk

With the ever-increasing presence of technology, regulation and the self-directed client, Craig Parker says the traditional risk adviser has to evolve into a risk profess...

Life/Risk

The Federal Government is signalling its intention to pursue the removal of State stamp duties on insurance products....

Life/Risk

ASIC is urging insurers to improve their consumers’ understanding of what their no-claims discount scheme offer....

Financial planning

Australian Unity is aiming to take advantage of opportunities in the advice sector following its purchase of Premium Wealth Management, after posting a $12 million first ...

Life/Risk

A swift move away from upfront commissions could spell the end of non-aligned advice, with only the large independents and aligned groups able to survive the inevitable d...

Life/Risk

QBE will ensure all future communications relating to escalated complaints and dispute resolution will have the company’s branding rather than an external legal firm’s, u...

Financial planning

Financial wellbeing among Australians is at record highs, and many have big plans to save on costs, ING Direct research showed....

Life/Risk

ASIC has banned a Sydney-based insurance broker from the industry for three years after he allegedly failed to pass on collected premiums to insurers. ...

Life/Risk

A recent court case sheds light on the details advisers need to consider when replacing an insurance policy, Col Fullagar writes. ...

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

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 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. ...

3 weeks 1 day ago

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

3 days 3 hours ago