LIFE/RISK

Life/Risk

The Australian Prudential Regulation Authority has shown concern that poor disability income insurance, reporting that the performance and sustainability of DII products ...

People & Products

MLC Life Insurance has appointed chief underwriter of HSBC in Hong Kong, Mick Jones, as the new head of underwriting....

Superannuation

AIA has welcomed KPMG’s Insurance in Superannuation report, saying that the Government’s proposed changes would result in Australians being financially worse off....

Life/Risk

The change to default group insurance put forward by the Federal Budget could result in a 50 per cent reduction in overall insurance cover inside super, KPMG has warned....

Life/Risk

The Financial Services Council has backed calls for life insurer involvement in injured worker rehabilitation with new research....

Expert Analysis

Col Fullagar tells five short stories that may be suitable as bedtime reading for those interested or involved in the Royal Commission....

Life/Risk

There would need to be an alignment of the various state and territory workers’ compensation jurisdictions to enable life insurers to participate in getting injured worke...

Financial planning

New data released by the Australian Prudential Regulation Authority and the Australian Securities and Investments Commission has confirmed that consumers do better at cla...

Financial planning

New data confirms that the loss of grandfathered commissions hardly compares with the impact of planners losing life/risk commissions....

Life/Risk

MLC Life Insurance has told a Parliamentary Joint Committee that life insurers should be allowed to contribute more to worker rehabilitation, albeit with clear limitation...

Life/Risk

Australian insurtechs don’t believe industry incumbents are embracing start-up innovation fast enough, according to a new report....

Life/Risk

The Australian Workers Union has alleged ulterior motives in a Financial Services Council call to allow the big life insurers to get injured workers back to work sooner....

Life/Risk

MLC Life has added a superannuation fund-focused mental health product to its armoury....

Life/Risk

ClearView has welcomed changes in last night’s Budget to make group insurance opt-in for workers under 25, calling for the policy to be extended to all superannuation mem...

Life/Risk

Many Australians deem their house more important than their health, according to the survey by AIA Australia....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

3 weeks 5 days ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

1 week 1 day ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

2 weeks 4 days ago