LIFE INSURANCE

Financial planning

Five awards have been presented to talent in Australia’s life insurance industry at a gala dinner held in Sydney last night as part of the Financial Services Council Life...

Life/Risk

ASIC has examined 60,000 documents as part of its CommInsure investigation and will deliver its findings by the end of the month....

Life/Risk

A guidance note on group insurance data to improve consumer outcomes has been jointly released by life insurance and super bodies....

Superannuation

The Australian Competition and Consumer Commission has declared that capping commissions helps insurers more than anyone else and may lead to collusion....

Life/Risk

The Australian and New Zealand Institute of Insurance and Finance (ANZIIF) and the Financial Services Council (FSC) have launched the Life Insurance Code of Practice....

Editorial

The Australian Securities and Investments Commission has left Federal Parliamentarians in no doubt that it has concerns about the compatibility of vertical integration wi...

Financial planning

Single source data, privacy, compliance, and education are the biggest challenges life insurance advisers will face this year when it comes to big data and digital change...

Life/Risk

YTML has this week announced a strategic partnership with risk specialist technology firm, Omnium, to deliver new offerings for advisers in the life insurance space....

People & Products

MLC Life Insurance has today announced a new leadership team for its bancassurance, digital and direct division, following the recent partnership announcement between NAB...

Life/Risk

The new LIF laws due to come into effect this year are filled with holes and lacks clarity around what would happen if there was a change of licensee and/or adviser, a la...

Life/Risk

Increasing numbers of consumers are preferring to use the internet to fulfil their life insurance needs with many reluctant to pay for advice....

Life/Risk

Parliamentarians need to understand that the major life insurers, not advisers, set and control the dynamics of the life insurance industry, according to the AIOFP....

Financial planning

The Life Insurance Framework bill has passed through the House of Representatives unopposed, even as a Liberal Party member expressed concerns over possible unintended co...

Life/Risk

More than half of Australians who only have life insurance in their super are not confident in the level of cover they have, according to a survey....

Life/Risk

ANZ’s OneCare has launched new initiatives to streamline OneCare’s underwriting processes to allow advisers and clients to spend more time on wealth solutions....

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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 8 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 11 hours ago