INSURANCE

Life/Risk

Suncorp Group has denied claims by the Finance Sector Union (FSU) that it is preparing to send Australian insurance jobs offshore in search of higher profits....

Financial planning

The Government's recent Stronger Super announcement states it will be phasing out the option to hold 'own occupation' Total and Permanent Disability (TPD) insurance polic...

Life/Risk

Macquarie Adviser Services has welcomed recently issued income tax regulations that clarify the extent to which super fund trustees can claim tax deductions for life and ...

Editorial

The importance of maintaining insurance premiums cannot be underestimated as you never know when the unexpected will occur, writes Tim Browne....

Life/Risk

Towers Watson has boosted its investment services for insurers and reinsurers with the acquisition of investment advisory firm WellsCanning....

Financial planning

Key differences between group and retail risk insurance arrangements make it imperative that financial planners sell not only the value of their initial advice but the im...

Life/Risk

Business capacity for global reinsurers remains strong in Australia and New Zealand despite the losses from the 2010/11 natural catastrophes, according to Aon Benfield's ...

Editorial

David Glen proposes a number of points that the life insurance industry can address during the upcoming Tax Summit - including tax incentives for life policies outside of...

Editorial

Col Fullagar takes a look at two income protection policies - one is offered by an industry superannuation fund, while the other comes from a retail fund. While the premi...

Life/Risk

Australian insurers will spend $5.2 billion on IT products and services in 2012, according to technology research company Gartner....

Superannuation

A new analysis from Pimco suggests a hybrid approach is the most ideal in circumstances where longevity risk remains the major unsolved problem within the Australian fina...

Financial planning

Responsible investment has attracted increasing interest from financial planners and this interest is set to increase with the commitment of the Government to the introdu...

Financial planning

Patron Financial Advice has opposed a Financial Services Council proposal to introduce a binding standard for insurance business, saying it would restrict consumer choice...

Life/Risk

The way professional indemnity (PI) underwriters assess a financial planner's risk coupled with ambiguous regulatory guidelines means a fresh approach to product regulati...

Financial planning

Choice’s view that the quality of financial advice in Australia is "among the worst" is not the fault of financial planners but the industry as a whole, according to Omni...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 3 weeks 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 4 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 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 3 days ago