LIFE INSURANCE

Financial planning

AMP Limited has expanded its life insurance approved product list and extended it across all its planning licensees....

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Expert Analysis

Life insurance has been very much in the spotlight during the COVID-19 pandemic, writes Don Stevenson, and both insured and insurer benefit from a personalised claims phi...

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Financial planning

The Australian Labor Party has signalled its continuing suspicion of commission-based remuneration with Shadow Assistant Treasurer, Stephen Jones saying the advice indust...

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Life/Risk

New research from KPMG has confirmed the degree to which COVID-19 impacted the Australian life insurance industry already on the back foot and facing revenue and profitab...

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Financial planning

The corporate regulator’s review on life insurance advice will unlikely be followed by with enforcement action. ...

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Life/Risk

MLC Life’s new chief of life insurance, Sean McCormack, has acknowledged the adverse impacts of the company’s technology changes but says the company is accepting its res...

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Life/Risk

Consumers will have the choice between sticking with increasingly expensive features-rich income protection products or moving to more affordable products to be launched ...

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Life/Risk

MLC Life acknowledges less than acceptable service experience as it creates specific life division to be led by Sean McCormack....

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Life/Risk

Big insurer, MLC Life has admitted to advisers that it is up to six weeks behind on some key service deliverables as it seeks to deal with IT issues and Melbourne’s COVID...

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Superannuation

The Government’s changes to insurance inside superannuation have been responsible for driving premium increases, not the superannuation funds themselves, according to the...

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Life/Risk

New research has confirmed what most life/risk advisers already knew – that front-loading discounts on life/risk products to buy market share ultimately works against the...

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Life/Risk

Allowing life insurers to fund mental health treatment is not the solution to Australia’s mental health crisis, according to law firm Slater & Gordon....

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Life/Risk

Fears of infection have seen a higher proportion of Australian high net worth investors seeking to buy life insurance cover, according to newly-released data....

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Financial planning

Challenger has reported a $0.9 billion decline in annuity sales as a result of the restructure of the bank-aligned advice network, as the firm issues its full year result...

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Life/Risk

Fewer claims would need to be paid if insurers were to only pay medical bills of sick workers, according to Maurice Blackburn Lawyers. ...

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