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Life Insurance

Lawyers want stricter rules for life within super

11 September 2017

Life cover within superannuation needs standard definitions and other tougher rules to protect policyholders, the Australian Lawyers Association (ALA) says in a submission to the Productivity Commission…

AFA reveals award finalists

11 September 2017

The Association of Financial Advisers has named the finalists for its female excellence and rising star awards…

Australian Unity wealth arm lifts revenue

04 September 2017

Australian Unity’s wealth division, which includes life insurance and superannuation, increased revenue by 16.4% to $143.3 million in the year to June 30…

Former ANZ adviser banned

28 August 2017

A former Queensland representative of ANZ-owned Millennium3 Financial Services has been permanently banned from the industry…

AMP outlook revised after profit rebound

28 August 2017

S&P Global Ratings has revised its outlook for AMP to stable from negative after the financial services group reported a strong return to profitability and new reinsurance arrangements…

S&P affirms Suncorp Life ratings

28 August 2017

S&P Global Ratings has affirmed Suncorp Life and Superannuation’s financial strength and issuer credit ratings at A, and the outlook at stable…

ANZ adds to OneCare offerings

28 August 2017

ANZ Wealth has expanded its OneCare product range with the introduction of Income Secure Essentials and Severity Trauma…

MLC expands Best Doctors service

28 August 2017

About 800,000 MLC Life Insurance customers will soon be able to access the Best Doctors service, which provides free medical advice and second opinions…

MLC recruits chief underwriter from London

28 August 2017

Debbie Kennedy, former group head of protection strategy at UK life insurer Royal London, has been appointed to the newly expanded role of Chief Underwriter at MLC Life Insurance…

Group income protection returns to profit

21 August 2017

Group disability income protection insurance recorded a net profit after-tax of $152 million in the year to June 30 following a $24 million loss the previous year, according to Australian Prudential Regulation Authority industry data…