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Life Insurance

Industry to draw up mental health assessment guide

13 October 2025

A new assessment framework for mental health claims will be drafted following consultation with consumer advocates, medical specialists and other stakeholders, the Council of Australian Life Insurers announced today...

NZ advice body launches AI course

13 October 2025

Financial Advice New Zealand will run a course for members to learn about using artificial intelligence in their work...

Cbus settles over payout delays

06 October 2025

Industry superannuation fund Cbus and its administrator MUFG Retirement Solutions have settled a lawsuit over delays processing death benefits and other life insurance claims...

Life specialist cops ban over ‘deceptive conduct’

06 October 2025

An adviser has been hit with an eight-year ban from the financial services industry after regulators found he engaged in deceptive behaviour when submitting life insurance applications for clients...

Resolution recruits finance chief

06 October 2025

Resolution Life has appointed Jeff Davies as CFO, replacing Jonathan Moss, who will become chief technical officer...

Genetic results ban out for feedback

29 September 2025

The federal government is consulting on draft laws banning the use of genetic test results in life insurance underwriting...

Super fund had to cancel cover, AFCA rules

29 September 2025

The financial services ombudsman has backed an insurer that cancelled death benefit cover under the Protecting Your Super reforms without informing the policyholder...

ASIC removes adviser’s licence

29 September 2025

The corporate regulator has cancelled a financial services licence after its holder failed to have Australian Financial Complaints Authority membership...

Super trustee penalised over coverage notifications

29 September 2025

Fund trustee Retail Employees Superannuation has been hit with two infringement penalties totalling $37,560 for allegedly making false or misleading insurance representations to members...