LIFE INSURANCE
Financial planning
The award winners for the Financial Services Council’s fourth annual Life Insurance Awards have been announced....
Life/Risk
ANZ’s OnePath subsidiary is set to pay $4.5 million in compensation over breaches relating to its life, general insurance, superannuation and funds management activities....
Financial planning
CommInsure has updated its product offering around heart attack and severe rheumatoid arthritis, following scandals reported in the media this week....
Superannuation
Tender consultants have confirmed that a number of corporate and industry funds are conducting group life tenders at the same time as CommInsure has encountered adverse p...
Life/Risk
Financial advisers have a critical role in helping their clients to deal with life insurance claims, AFA chief executive, Brad Fox believes....
Financial planning
With insurers under the microscope for their claims handling, Col Fullagar is arguing it is time for them to make commitments to meeting the promises inherent in their pr...
Financial planning
The Government has backed the claims against CommInsure being referred to an expanded Senate Committee at the same time as endorsing a full-blown ASIC investigation....
Life/Risk
TAL is partnering with the Personal Injury Education Foundation to offer further education for its claims and rehabilitation teams both for new entrants and senior claims...
Policy & Regulation
Life insurers will have to change the price structure of policies offered through car dealerships or face further regulatory reform, ASIC warns....
Financial planning
The latest Australian Prudential Regulation Authority data points to life insurers being in generally better shape....
Funds management
Suncorp’s focus on retention and value in its life business has helped the company report a $430 million first half profit....
Features
SMSF trustees and advisers must review requirements of the treatment of insurance within their funds annually, taking into account changes around the SIS Act 1993, Janine...
Financial planning
New survey data prompts call for more consumer education around life/risk to encourage a self-directed approach....
Financial planning
Risk advisers are specialists and require their own professional standards stream, says Synchron’s Don Trapnell....
Life/Risk
Lawyer warns that LIF legislation, as currently drafted, could see adviser fees counted as part of capped benefits....
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