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Life Insurance

Call for Canberra to push through advice reforms

05 May 2025

The Council of Australian Life Insurers has urged the re-elected Albanese government to finish its advice reforms, including permitting the industry to provide “simple” guidance to customers...

TAL to hold ethics webinar series

05 May 2025

The TAL Risk Academy will again host a month-long webinar series educating financial advisers on ethical considerations...

APRA breaks down claim, dispute figures

28 April 2025

The prudential regulator has released annual claim and dispute data for the life sector, with distribution channel and company breakdowns...

TPD claim fails after form sent but not received

14 April 2025

A woman who posted a signed form opting in to insurance despite having a low superannuation balance cannot make a disability claim because her fund’s trustee says the declaration did not arrive...

NZ regulator checks up on advice reforms

07 April 2025

New Zealand’s Financial Markets Authority will review the accessibility of advice to determine if changes to regulations in the past few years have delivered for consumers...

TAL to take minority stake in Challenger

07 April 2025

Life insurer TAL has agreed to buy MS&AD Insurance Group Holdings’ 15.1% stake in listed Australian wealth group Challenger for ¥80 billion ($909.28 million)...

‘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...