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Life Insurance

FSC moves to prohibit genetic test disclosure

18 March 2019

The Financial Services Council will introduce a moratorium on life insurance genetic test results as a binding standard from July 1, following stakeholder feedback in the Life Insurance Code of Practice consultation…

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Use budget to tackle legacy problems: FSC

18 March 2019

The Financial Services Council has urged the Federal Government to use next month’s budget to cut red tape preventing the retirement of substandard legacy financial products…

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TAL doubles up on industry award

18 March 2019

TAL has been named the Association of Financial Advisers’ life company of the year for the second year running, beating AIA, OnePath Life and Zurich Financial Services…

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CBA delays wealth management sale

18 March 2019

Commonwealth Bank of Australia has “suspended” the sale of its wealth management operations, including its financial advice business, to concentrate on Hayne royal commission recommendations…

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APRA tells insurers to update stress testing

18 March 2019

Life insurers should incorporate emerging risks such as cyber attacks into their stress testing scenarios, the prudential regulator says…

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FPA reaches out to uni students

18 March 2019

The Financial Planning Association has launched a new networking program aimed at attracting university students to the profession…

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