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LIFE INSURANCE
Life/Risk
New data released by the Australian Prudential Regulation Authority has confirmed the value delivered by life/risk advisers while pointing to the continuing problematic n...
Life/Risk
Life insurance claims specialist, Col Fullagar says life insurers appear to be falling back into their bad old ways, including using the Government’s COVID-19 stimulus me...
Financial planning
Synchron has issued an urgent call for life insurers to clarify responses to the new Unfair Contract Terms regime. ...
Superannuation
The corporate regulator has commenced proceedings in the Federal Court against Statewide Superannuation for its representations on insurance cover. ...
Features
Mike Taylor writes that while significant consolidation has occurred within the Australian life insurance industry, profitability remains a key challenge....
Features
From the implementation of the FASEA regime through to the recommendations of the Royal Commission, Mike Taylor writes, a lot had changed before the Australian Securities...
Life/Risk
Scaled advice may reduce the cost of advice, but in the case of life/risk insurance, it may not adequately cover the best interests duty for the client....
Life/Risk
Just 18 months out from the Australian Securities and Investments Commission delivering its review of the Life Insurance Framework a serious contradiction has emerged – s...
Life/Risk
The Australian Prudential Regulation Authority has used its 2020 Year in Review to point to the profitability struggles of the life insurance industry....
Life/Risk
Financial advisers should be granted as much leeway as lawyers in providing assistance with insurance claims, according to the Association of Financial Advisers....
Superannuation
Over 30% fewer superannuation fund members have been revealed as having life insurance and total and permanent disability cover as a result of the Government’s successive...
People & Products
In a boost to the company’s struggling technology services, it has appointed Rick Wingfield as chief innovation and transformation officer....
Life/Risk
Superannuation funds negotiating new group insurance arrangements will have to prove and certify that they are in the best interests of members....
Life/Risk
Members are now able to obtain more insurance cover without the need for underwriting....
Life/Risk
In the latest step of the acquisition, AIA Australia will notify CommInsure policyholders of their transfer to the life insurer which is subject to the Federal Court of A...
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MARKET INSIGHTS
Podcast
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...
So we are now underwriting criminal scams?...