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...

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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 ago

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

7 months ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

3 weeks 6 days 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 2 days ago

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

2 weeks 5 days ago