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LIFE INSURANCE
Life/Risk
Those who seek their own coverage cannot assume they will end up with a product in their best interests, according to a law firm....
Financial planning
The course would help financial advisers support clients impacted by natural disasters....
Life/Risk
The conditions attaching to some total and permanent disability insurance products sold inside superannuation made them tantamount to junk, according to consumer group, C...
Life/Risk
Breast cancer was the most common life insurance cancer claim, double the rate of prostate cancer which was the second most common, according to data....
Life/Risk
Insurer Clearview has confirmed it will cease the sale of agreed value income protection policies from 31 March....
Financial planning
The Financial Services Council will treat bushfire victims making claims as vulnerable customers requiring addition support under the FSC Life Insurance Code of Practice....
Financial planning
Australians who have lost their life insurance policy details in the bushfires can contact the Financial Services Council for help....
Life/Risk
Legislation surrounding the regulation of claims handling may have insurers and related parties look to fall under a single Australian Financial Services License to ease ...
Life/Risk
The Australian Securities and Investments Commission’s Federal Court case against major insurer, TAL, will test the circumstances and extent to which life insurers can ga...
Life/Risk
Major life insurer TAL has been taken to court by the Australian Securities and Investments Commission on charges relating to issues raised during the Royal Commission in...
Superannuation
The superannuation industry has been urged by the Australian Securities and Investments Commission to focus more on improving life insurance outcomes for its members....
Life/Risk
Lowers sales through advice channels have helped contribute to life/risk new sales reaching a five year low, according to new data released by Dexx&r....
Policy & Regulation
Unsolicited cold call sales of direct life insurance and consumer credit insurance are to be banned by the Australian Securities and Investments Commission....
Life/Risk
The Australian Prudential Regulation Authority has intervened in the disability income insurance market imposing capital requirements on insurers....
Life/Risk
Life insurers are struggling to sustain profitability in the face of challenging markets and tighter regulation with the Life Insurance Framework also playing a part....
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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?...