LIFE INSURANCE

Life/Risk

Advisers must be extremely diligent about ensuring they fulfill their duty of care, as two recent court cases have shown. David Glen runs through the post-FOFA adviser ch...

Life/Risk

AIA Australia will offer direct life to consumers under a deal with Bendigo Bank to offer bank branded insurance products. ...

Financial planning

ANZ's OnePath has upgraded its OneCare insurance offering based on adviser feedback...

Life/Risk

Retail giant, Coles, is expanding its financial services offering to include life insurance, with MetLife underwriting the venture. ...

Financial planning

The Financial Ombudsman Service claims it will deliver on first round of changes to improve dispute resolution process...

Life/Risk

Suncorp announces $350m write-down for Life business amid continuing industry headwinds....

Funds management

CommInsure has been named winner of the Marketing Team of the Year for its work across five separate issues faced by the group in the past 12 months....

Life/Risk

Best Interest Duty will require risk advisers to examine every life insurance policy held by a client even if not on their approved product list...

Editorial

Life insurer TAL has managed to maintain profitability despite record claims payouts....

Life/Risk

AMP chief executive Craig Meller has told shareholders the company is re-engineering its insurance business, believing recent customer behaviour may be here to stay....

Life/Risk

Businesses that sell general or life insurance, or offer credit as an ‘add-on’ insurance offering, should be on guard as they come under ASIC scrutiny, a law firm warns....

Financial planning

Two new directors have been added to the board of major insurer TAL. ...

Financial planning

Building up a decent savings pool has been listed at a top priority for young Australians, ahead of leisurely pursuits, according to a pre-budget TAL survey. ...

Superannuation

Zurich says it has been priced out of the Australian group life insurance space and plans to withdraw from the market. ...

Life/Risk

Virgin Money has been fined more than $30,000 for misleading advertising related to its promotion of a life insurance product....

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