Advisers warn over ‘fast-increasing’ ASIC levy
05 February 2024
The Financial Advice Association Australia has flagged concerns over rising regulatory costs in a pre-budget submission...
05 February 2024
The Financial Advice Association Australia has flagged concerns over rising regulatory costs in a pre-budget submission...
05 February 2024
Treasury has begun consultation on proposed law changes that will provide greater flexibility for financial advisers to show they have met the conditions of an approved degree...
05 February 2024
The Australian Securities and Investments Commission is seeking Federal Court orders against former Wealth & Risk Management director Joshua David Fuoco for contempt of court...
05 February 2024
The Federal Court has dismissed Australian Securities and Investments Commission proceedings against Zurich over the insurer’s decision to “avoid” an income protection policy after an insured failed to disclose her history of hospital admissions for mental illness...
05 February 2024
TAL has appointed Westpac executive Georgina Croft as Chief Claims Officer...
05 February 2024
The Financial Advice Association Australia says this will be a “watershed” year for the profession as it sets out its expectations and priorities for the period...
05 February 2024
Financial Advice New Zealand has named Nick Hakes as CEO, replacing Katrina Shanks, who left for a similar position at the Australian and New Zealand Institute of Insurance and Finance...
05 February 2024
AMP has picked TAL as the default insurance provider for its 270,000 superannuation members after a “comprehensive” tender process...
05 February 2024
Pacific Life Re has appointed Andrew Gill, previously EVP for Asia and Australia, to run its global protection business after changing its organisational structure...
18 December 2023
Life insurers have been told they need to further improve their pricing practices or face the prospect of regulatory action from the Australian Prudential Regulation Authority and the Australian Securities and Investments Commission...
18 December 2023
Super Consumers Australia says life insurers are falling “well short of basic standards” after its analysis of claims data revealed worrying trends...
18 December 2023
Laws around the use of genetic test results should be tightened so that life insurers will not be able to discriminate against Australians, medical researchers say, as Treasury consults on proposed regulatory intervention measures...
18 December 2023
The Financial Advice Association of Australia has backed Australian Taxation Office draft determinations clarifying rules around tax deductibility of fees, including for life insurance advice...
18 December 2023
The Financial Markets Authority has censured Go Financial Solutions for failing to comply with its obligations as a licensed financial advice provider..
18 December 2023
Suncorp-owned Asteron Life says Jon Lloyd is now Manager Employee Insurance, leading the portfolio and pricing team. He was previously Business Development Manager Employee Insurance...
11 December 2023
Financial advisers are “deeply” concerned over the Federal Government’s plan for a new advice model that will allow life insurers to provide “simple advice” to consumers...
11 December 2023
Just 6% of Australians are getting advice from professional advisers about their life insurance needs, a study commissioned by the Council of Australian Life Insurers has found...
11 December 2023
MLC Life has named Ian Fletcher as its Remediation Programs GM, adding to newly appointed COO Jane Murray’s team...
11 December 2023
Steadfast Life has acquired Ivan Bakin and Associates, a life insurance specialist advisory firm in NSW...
11 December 2023
MLC Life celebrated several wins at this year’s Plan for Life Excellence awards for its Vivo health and wellness program, debt insurance product, and AI mental health support app...