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LIFE INSURANCE
Life/Risk
Life insurance commissions should be retained in the life/risk industry with no change to their structure, according to major insurer ClearView....
Life/Risk
New research has revealed that many Australians would ditch their life insurance cover while maintaining house and car insurance if faced with financial distress....
Life/Risk
Life insurers should be prepared to go further than their own Life Insurance Code of Conduct to help clients impacted by the COVID-19 pandemic, according to the Australia...
Life/Risk
The Financial Planning Association says the advocacy efforts of financial advisers on behalf of clients can often impact the dispute data collected by the Australian Prud...
Life/Risk
Synchron director, Don Trapnell, said life/risk advisers are being treated unfairly under the education requirements and deserve a separate standard suited to the profess...
Superannuation
Superannuation funds expect as many as 600,000 members to follow through and withdraw up to $10,000 with many not understanding the insurance and long-run investment impl...
Expert Analysis
The major insurers have been faced with some key challenges as a result of COVID-19. Col Fullagar looks at the issues and the implications resulting from the pandemic....
Life/Risk
The Financial Services Council has issued an undertaking on behalf of the major life insurers covering the rights of frontline health and other workers in the face of COV...
Life/Risk
The major life insurers have placed advisers on notice that the middle of the COVID-19 pandemic is not the optimal time to be seeking to switch clients, including health ...
People & Products
Ben Walsh, current chief executive for Mercer in Australia and New Zealand, will start in the new role on 1 June, 2020. ...
Life/Risk
Plaintiff law firm Maurice Blackburn says the major life insurers have been shown to have been persistently ignoring their own code of conduct by a report from the Life C...
Policy & Regulation
A coalition of consumer groups has pointed to key changes to advice and life insurance resulting from the Royal Commission and insisted on no loopholes and no carve-outs....
Life/Risk
Almost one-third of a survey’s respondents said life insurance products confused them and 65% of people without the product would rely on savings if they contracted a maj...
Expert Analysis
Life insurers are under the spotlight of APRA over their handling and the sustainability of disability income insurance claims, writes Integrity Resolution’s Col Fullagar...
Expert Analysis
Life insurers need to improve their models and invest in automation if they want to ‘future-proof’ their business, writes Chris Powell....
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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?...