RISK/LIFE

Features

It has been a little over a year since Jim Minto retired as chief executive of big insurer TAL. It is 12 months during which he has taken the time to reflect on the shape...

Features

From a financial planning perspective, it is arguable that no sector has generated more change over the past three years than the life/risk sector. ...

Financial planning

Key consumer groups have been given a chair at the table of the FSC’s Life Insurance Code of Practice processes....

Financial planning

ClearView has challenged the standing of the FSC to develop a Life Code or APL Standard....

Financial planning

The Australian Institute of Superannuation Trustees has argued the legislation underpinning the LIF is 'relatively feeble' and wants tougher action to eliminate commissio...

Tools & guides

Mike Taylor writes that while much attention has focused on adviser remuneration over the past two years, insurance claims handling has deserved equal scrutiny....

Financial planning

With insurers under the microscope for their claims handling, Col Fullagar is arguing it is time for them to make commitments to meeting the promises inherent in their pr...

Financial planning

The Trowbridge and LIF scrutiny directed at life/risk remuneration ought to have been equally directed towards claims handling....

Financial planning

Advisers need to improve the efficiency of their businesses to bridge the revenue gap that will be caused by the implementation of the LIF. ...

Life/Risk

South Africa’s largest mutual company, Professional Provident Society (PPS), is targeting a slice of Australia’s $7.5 billion retail life risk insurance sector. ...

Financial planning

ASIC bans former Guardian Advice insurance adviser for annually replacing clients’ insurance policies to boost commissions without considering clients’ best interests....

Financial planning

Synchron and AIA have come together to create a fixed term level product to meet the changing needs of advisers and clients....

Editorial

Like them or not, financial advisers should already have begun making the adjustments necessary to operate within the new Life Insurance Framework, writes Catherine Evans...

Financial planning

New survey data prompts call for more consumer education around life/risk to encourage a self-directed approach....

People & Products

The Life Insurance Framework and the Life Insurance Code of Conduct will be key elements at the FSC’s annual Life Insurance Conference in March....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months ago

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

5 months 1 week ago

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

7 months 1 week 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 6 days ago

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

3 weeks 2 days ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

3 days 22 hours ago