LIFE INSURANCE

Superannuation

The financial services regulators have been urged to closely scrutinise the financial relationships which exist between life insurers and superannuation fund trustees....

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Policy & Regulation

The voluntary approach to industry self-regulation in the life insurance industry is not working and needs compulsion....

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Life/Risk

TAL has offered refunds totalling $900,000 to 1,200 funeral insurance customers after reporting to the Australian Securities and Investments Commission that it failed to ...

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People & Products

MetLife has appointed Casey Sugden and Charlé Howard to key positions in its retail sales team, as it prepares for the launch of its retail life insurance offering....

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People & Products

ANZ Wealth has introduced new initiatives to its OnePath solution in a bid to adjust as the life insurance sector faces challenges....

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Life/Risk

Suncorp Group has confirmed its continuing consideration of options for its life insurance business, including possible partnerships or sale....

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Life/Risk

The Financial Services Council has confirmed to a Parliamentary Committee that it wants life insurers to have the right to unilaterally amend policies provided it does no...

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Life/Risk

The penalties applied to ClearView yesterday are proof of a wider issue of aggressive sales tactics within the insurance industry, according to Maurice Blackburn Lawyers....

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Life/Risk

New survey data has confirmed that the online sales of life/risk insurance have been increasing exponentially – up 108 per cent over the past five years....

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Life/Risk

AIA has urged the Government to consider legislative change that would allow life insurance companies to provide early rehabilitation and medical expenses....

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Policy & Regulation

Money Management has confirmed that a number of the major life insurers received letters for the Royal Commission into alleged misconduct in Australia’s banking superannu...

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Life/Risk

Integrity Group has acquired QBE Life in a transaction valued at $21.7 million with a rebrand to Integrity Life....

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Policy & Regulation

The Financial Services Council has argued the life insurance industry does not deserve to be subject to an extension of the Unfair Contracts legislation....

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Life/Risk

New research has confirmed that clients highly value expert help when it comes to making life/risk claims....

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Features

Col Fullagar examines the claims section of the Life Insurance Code of Practice and believes while the code is a commendable beginning it has a long way to go....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 2 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

4 months 2 weeks ago

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

6 months 3 weeks 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. ...

1 week 6 days ago

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

5 days 3 hours ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

6 days 6 hours ago