AMP Limited has expanded its life insurance approved product list and extended it across all its planning licensees....
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...
The Australian Labor Party has signalled its continuing suspicion of commission-based remuneration with Shadow Assistant Treasurer, Stephen Jones saying the advice indust...
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...
The corporate regulator’s review on life insurance advice will unlikely be followed by with enforcement action. ...
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...
Consumers will have the choice between sticking with increasingly expensive features-rich income protection products or moving to more affordable products to be launched ...
MLC Life acknowledges less than acceptable service experience as it creates specific life division to be led by Sean McCormack....
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...
The Government’s changes to insurance inside superannuation have been responsible for driving premium increases, not the superannuation funds themselves, according to the...
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...
Allowing life insurers to fund mental health treatment is not the solution to Australia’s mental health crisis, according to law firm Slater & Gordon....
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....
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...
Fewer claims would need to be paid if insurers were to only pay medical bills of sick workers, according to Maurice Blackburn Lawyers. ...
trustees are already requesting such confirmations when advisory fees (even via fixed term agreements) are deducted from...
CSLR should be broken down into 2 sub sectors, one for product manufacturers and one for financial advisers. Product ma...
We must stand up and show our opposition to both the ASIC Levy and CSLR as they both contribute to the high cost of advi...