INSURANCE
Life/Risk
Australian Life Insurance Distribution will be required to adhere to additional compliance conditions after ASIC found the company had failed to comply with several condi...
Life/Risk
Both revenue and assets show decline in the most recent APRA life insurance industry data....
Financial planning
Cancer-afflicted former DST Global Solutions Australian CEO Ian Mathieson sues company over failure to maintain insurance coverage....
Financial planning
The company which delivered Australian financial advisers an application to run risk insurance quotes on both Apple and Android devices, Omnium, has launched a similar of...
Life/Risk
Midwinter will be introducing a new addition to its insurance module which it claims will provide financial advisers with adequate research on legacy insurance products b...
Life/Risk
Col Fullagar looks at the recent changes to the insurance definition of a heart attack and considers possible impacts on the financial advice process....
Life/Risk
For insurers to survive and thrive they must pursue a program of continuous and customer-led innovation, writes Duncan West....
Life/Risk
The 10 biggest life insurers paid out just under $4 billion in claims in 2011 - up 11.4 per cent from 2010, according to research conducted by The Risk Store....
Life/Risk
Insurers and financial advisers must work together throughout the emotion-charged insurance claims process if they are to truly benefit the client and avoid the the frust...
Life/Risk
APRA says it will consider granting insurers transition time to higher capital standards on a case-by-case basis....
Life/Risk
Overall direct life insurance sales have grown 11.3 per cent in 2011 and in-force annual premiums are up 10.9 per cent despite flat growth in credit-related insurance sal...
Financial planning
Clients respect financial advisers who keep their expectations realistic in the face of market gyrations....
Life/Risk
In order to address the issue of 'churning' in life insurance, the responsibility should fall on the underwriter to determine whether to continue with an insurance policy...
Financial planning
Suncorp announces $275 million simplification push including decommissioning legacy policy systems....
Policy & Regulation
Opposition Financial Services spokesman Mathias Cormann has paid credit to the Association of Financial Advisers's role in FOFA negotiations and reiterated his opposition...
Never miss the latest news and developments in wealth management industry
MARKET INSIGHTS
Podcast
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...