TAL

Financial planning

It is up to the financial advice industry to educate consumers on the value of financial advice and the help they can provide, particularly during times of insurance clai...

Life/Risk

Westpac has completed the sale of Westpac Life Insurance Services Limited to TAL but expected to report a total after tax loss on sale of $1.37 billion....

Financial planning

Concerns about upsetting bereaved clients or explaining declined insurance claims are causing stress for advisers, according to TAL, highlighting the need for training in...

Financial planning

Financial advisers must consider long-term interests and future circumstances when determining the scope of the advice that is going to be offered and should therefore be...

People & Products

TAL has announced the appointment of Mark Joiner as independent chair, following Duncan Boyle’s decision to retire after eight years leading the board....

Features

The industry watchdog has been forced to step in and mandate changes to disability income insurance in a move designed to protect consumers, writes Nina Hendy. ...

Expert Analysis

Advisers play a critical role in supporting the transition to sustainable insurance products, writes Aaron Newman, but the industry needs to support advisers with this tr...

Financial planning

How the industry adapted during the COVID-19 pandemic is proof technology is not changing the role of advisers, according to TAL....

Life/Risk

Total and permanent disability products are next on the list for insurers to look at to ensure they do not become unsustainable like income protection....

Features

The life insurance industry’s losses have stemmed mostly from unsustainable income protection products, Jassmyn Goh writes, but will the new products help end bad habits?...

Financial planning

TAL has launched additional mental health insights to support licensees and financial advisers to manage their mental health. ...

Financial planning

As existing advisers continue to leave, the industry needs to keep promoting the benefits of being an adviser, according to TAL....

Life/Risk

Risk advisers need to ensure their clients know that level premiums are not a guarantee and what to expect when their first-year discounts expire, according to life insur...

People & Products

The life insurer is offering two long-term options to provide benefits to age 65 and a short-term option to over one, two, or five year periods. ...

Life/Risk

The industry needs to work together to move clients in closed income protection insurance products to more sustainable products and to manage the inforce book, according ...

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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