Life/risk advisers are bracing themselves for ASIC to issue a tough analysis of churn and lapse rates....

An alarmingly low proportion of Australians say they would use a pay increase to take out financial protection, a survey shows. ...

TAL chief executive, Jim Minto, wants a time-limit imposed on late claims amid concerns that insurers are assessing claims which occurred decades ago....

Financial services licensees should make it a point to highlight their conflicts of interests with life insurance companies to clients....

Wesfarmers’-owned Coles is venturing further into financial services, announcing a joint venture business with GE Capital Australia. ...

Life insurer TAL declared it now provides “almost 100 per cent” equal pay for both male and female employees through its organisation....

Australia’s largest life insurer, TAL hopes the appointment of its new General Manager Strategic Finance, Edith Pfister, will secure the business’s ongoing growth....

There has been a jump in appetite for life insurance among Australians, particularly among generation X, TAL research showed. ...

If life insurance policies fail to meet the client’s – and adviser’s – expectations, certain questions must be answered, Col Fullagar writes. ...

AIA Australia has named Damien Mu, General Manager, Life Insurance of AIA Australia, as its next chief executive officer. ...

The current underinsurance crisis is forecast to worsen, as life insurance policies become a casualty of tighter household budgets, an academic believes....

The latest Australian Prudential Regulation Authority (APRA) data showed life insurance net profit after tax stood at $2.7 billion, with super making up a huge chunk....

Advisers must look beyond the controversy from the recent Budget and determine what opportunities and risks it offers for their clients, David Glen writes....

Financial advice clients were charged an average of $1800 each in fees last year, largely due to the growing basket of products they were sold by advisers and brokers, re...