MLC Life Insurance has appointed Catherine Dubé as an independent non-executive director and as chair of the board audit committee....

The Financial Planning Association of Australia has rejected proposals to ban commissions as it believes it could leave consumers chronically underinsured and dependant o...

The FPA is recommending another review of life insurance commission as the current proposal “leaves more questions than answers” and presents concerns about the accessibi...

AFA chief executive, Phil Anderson, has clarified Quality of Advice Review proposals regarding obtaining client consent for life insurance commission following a meeting ...

The Quality of Advice Review has stated there are benefits of retaining commission for life insurance but admits it could result in a real risk of lower-quality advice fo...

MLC Life Insurance has upgraded its MLC Insurance product range to allow a greater portion of earnings to be insured....

The Financial Services Council has announced further consumer protections for the Life Insurance Code of Practice. ...

Less than 10% of life insurance advice is placed without commission, according to the Financial Services Council, and thousands more of Australians would be able to obtai...

The Council of Australian Life Insurers, the group of insurers who split off from the Financial Services Council to form its own organisation, has appointed a chief execu...

The Australian Securities and Investments Commission (ASIC) has raised more concerns over life insurance claims handling by some insurers....

The Financial Services Council has issued a new Life Insurance Code of Practice for life insurers, introducing 50 additional consumer protections....

Commission should continue to be offered on insurance advice, according to The Advisers Association, and current commission rates are too low which was causing advisers t...

Further changes to life insurance commission caps could see up to 87% of financial advisers stop providing standalone risk insurance advice, according to ClearView resear...

NEOS and MLC Life Insurance have released their Encompass Protection retail life insurance offering designed in response to the increasing cost of providing risk advice....