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Life Insurance

‘Light on detail’: budget leaves advisers disappointed

31 March 2025

Financial Advice Association Australia has criticised last week’s federal budget, saying it provides “very little for financial services, let alone financial advisers” and fails to address the rising cost of providing advice...

Advisers ‘can’t support’ draft reforms

31 March 2025

An adviser lobby group has attacked the federal government’s next tranche of advice reforms, saying the proposals are “pretty disappointing” after more than three years of work to improve accessibility and affordability of financial help...

Watchdog hits adviser with five-year ban

31 March 2025

Queensland adviser Grant Thomson has been banned from providing financial services for five years after he recommended levels of insurance coverage that incorporated mortgages clients had yet to obtain...

Super fund accused of claims handling failures

17 March 2025

The corporate regulator has taken legal action against AustralianSuper over its alleged failure to process and pay thousands of death benefit claims “as soon as practicable”...

RGA names new Australia chief

17 March 2025

Reinsurance Group of America says Alissa Holz will become CEO for Australia and New Zealand next month...