LIFE INSURANCE
Life/Risk
The Australian life insurance sector has never been more dominated by the big five life insurers but sales are decreasing, according to the latest data from Dexx&r....
Policy & Regulation
The Australian Financial Complaints Authority has called for a radical escalation of the proposed prohibition on unsolicited telephone sales, urging a ban on all unsolici...
Financial planning
ClearView’s advisers were found to have failed in giving a ‘needs analysis’ to life insurance clients, according to the corporate watchdog....
Financial planning
Insurance firms should be prevented from pressuring people to buy products over the phone, according to the Financial Services Council. ...
Financial planning
The Financial Services Council has thrown its support behind extending Unfair Contract Terms regime to life insurance....
Financial planning
Advisers have an opportunity to educate New Zealanders that life insurance is vital, according to the Financial Services Council of New Zealand....
Financial planning
Financial advisers should not be inadvertently caught up in the Australian Securities and Investments Commission’s tough new life/risk anti-hawking approach just because ...
Financial planning
Following a remediation program Suncorp has compensated 4,000 GuardianFP clients....
Life/Risk
The latest Australian Prudential Regulation Authority life insurance data has revealed a negative picture of profitability being badly undermined by disability products....
Superannuation
Senator Jane Hume has hit out on super funds that impose unnecessary insurance on young members....
Superannuation
New research has confirmed that without a vigorous member communications campaign by superannuation funds and life insurers, more than half of Australians might have been...
Expert Analysis
With many individuals unknowingly finding themselves without life insurance as a result of low super balances, Col Fullagar outlines whether the conduct of insurers has i...
Financial planning
Will changes to default superannuation arrangements combine with changes to income streams serve to squeeze many advisers out of the superannuation market?...
Life/Risk
Life/risk advisers face taking account of a new factor – the reality that Government changes to bring insurance under the Unfair Contracts Terms regime will expose life i...
Policy & Regulation
Life insurance specialist TAL has added additional Risk Academy Financial Adviser Standards and Ethics Authority (FASEA) Exam Masterclasses, to keep up with adviser deman...
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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...