20 November 2023
The Australian Financial Complaints Authority is encouraged by the decline in life insurance disputes, which fell 24% to 1898 in the last financial year and accounted for 2% of overall cases lodged with the ombudsman...
20 November 2023
Asteron Life has appointed Kirsten Young as National Manager Adviser Distribution, following a review of the Suncorp-owned New Zealand life insurer’s management structure...
20 November 2023
Life insurer TAL says it paid $2 billion in claims during the six months to September, a record for a half-year period in its history...
20 November 2023
The Financial Advice Association Australia has launched a one-stop career planning portal for the profession...
13 November 2023
The Australian Securities and Investments Commission has finalised the funding levy that advisers will pay for the 2022/23 financial year...
13 November 2023
A complainant who disagreed with his insurer’s decision to reject a second claim he made under his trauma policy for a cancer diagnosis has lost his dispute...
13 November 2023
ClearView Wealth says its core life business continues to perform well, registering strong growth in new business since July 1, the start of its new 2023/24 financial year...
13 November 2023
The Financial Advice Association Australia is stepping up its recruitment efforts to attract more fresh graduates to the profession, creating a Head of University and Student Programs role to reach out to tertiary students...
13 November 2023
The Australian Prudential Regulation Authority has informed life insurers of a minor amendment to Prudential Standard LPS 310 Audit and Related Matters...
06 November 2023
The Advisers Association has called for a change in exam policy, saying the current test has served its purpose and is therefore fast approaching its use-by date...
06 November 2023
MLC Life Insurance has appointed Jane Murray as COO and Kristin Miller as Chief People Officer...
06 November 2023
Financial Advice New Zealand has appointed Tony Dench as its interim CEO as it searches for a successor for the outgoing Katrina Shanks...
06 November 2023
Third party claims manager Gallagher Bassett has urged group life insurers to consider “strategic outsourcing” as a tool for lifting business efficiency and have an edge in the market...
06 November 2023
MetLife has made it to the 2023/24 list of inclusive employers and other insurance-related businesses included in the list are CHU Underwriting Agencies, Sedgwick and actuarial firm Finity Consulting...
06 November 2023
MLC Life has launched a new cancer screening questionnaire to help customers take proactive steps towards prevention...
06 November 2023
TAL has launched a new digital solution for its super fund partners to help enhance and simplify insurance services for members...
30 October 2023
A complainant who insisted his total and permanent disablement claim should have been accepted has failed to overturn his insurer’s decision, with the complaints ombudsman ruling his Centrelink carer’s allowance did not meet the policy’s “gainful employment” definition...
30 October 2023
The Federal Government has extended the financial redress scheme for beneficiaries of deceased Indigenous policyholders who had acquired funeral insurance from Youpla Group...
30 October 2023
Investment group Challenger says the business, particularly its core life division, is primed for further growth after posting strong results for the last financial year...
30 October 2023
The Federal Court has dismissed Australian Securities and Investments Commission civil penalty proceedings against Diversa Trustees, ruling the business did not fail to take reasonable steps to ensure its adviser representatives complied with financial services laws...