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LIFE INSURANCE
Life/Risk
The Royal Commission has been urged to hold the board members of ClearView to account for breaches of directors’ duties relating to the activities of its direct life/risk...
Life/Risk
AMP Limited has sought to rebut claims made during the Royal Commission that it engaged in misconduct in its deduction of superannuation fund members’ insurance premiums ...
Life/Risk
New research has shown that retail insurance cover customers could be “seriously damaging” their wealth through inappropriate indexation of premium costs....
Life/Risk
At least four of AMP’s corporate superannuation clients are in the process of reviewing their arrangements in the wake of successive rounds of hearings before the Royal C...
Life/Risk
Life/risk insurers have been placed on notice that the Royal Commission may recommend measures to hold them responsible for psychiatric injury inflicted on clients by cla...
Life/Risk
Individuals spent an astonishing $29.5 billion on health-related expenses in 2015-16, according to Zurich, and helping clients better understand the risk of illness could...
Life/Risk
New data points to life insurers becoming increasingly reliant on advisers as the major banks exit life insurance products....
Life/Risk
New research has found that government-mandated insurance disclosure doesn’t help people make better purchasing decisions when it comes to insurance....
Life/Risk
The Royal Commission has heard that TAL’s treatment of an insured not only denied the mentally ill customer assistance at various points of her claim, but also actively c...
Life/Risk
TAL has today faced rigorous questioning by the Royal Commission as to whether case managers and senior staff were incentivised to deny claims as quickly as possible....
Life/Risk
The Royal Commission has heard of TAL’s invasive investigation methods for the purpose of avoiding the approval of income protection policies on the basis of non-disclosu...
Life/Risk
TAL will today join ClearView and Freedom in being scrutinised by the Royal Commission on the failings of direct life/risk sales business....
Life/Risk
Freedom ended dubious sales practices for four insurance products just days before appearing before the Royal Commission, then failed to disclose this information to the ...
Life/Risk
With insurance sales practices proving a focus of the Royal Commission’s current hearings, the Commission has heard of how Freedom sold a disabled man funeral insurance a...
Life/Risk
The Royal Commission has pointed to flaws and inconsistencies in the regulatory environment around life insurance, including that there is no penalty capable of being imp...
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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...