20 February 2017
The life insurance industry recorded an after-tax profit of $2.3 billion last year, falling dramatically from $3.1 billion in 2015, according to the latest Australian Prudential Regulation Authority data…
20 February 2017
Life insurance industry reforms will cost consumers as trails increase due to policy longevity, comparator Rate Detective CEO Damon Rasheed warns…
20 February 2017
A life insurance adviser could receive $1200 less for delivering a typical service under proposed new commission rules, according to financial planning practice LifeNet (WA) director Brendan Lynch…
20 February 2017
CommInsure says life insurance inforce premium for the six-months to December 31 was flat at $1.7 billion…
20 February 2017
Life insurers can address the complexity of legacy products by investing in better systems and data management, according to the Australian Prudential Regulation Authority…
20 February 2017
Challenger’s annuity sales continue to rise, gaining 34% to $2.2 billion in the six months to December 31…
20 February 2017
A new study shows almost half of respondents have left a job due to an employer’s poor mental health environment…
20 February 2017
Choice wants key fact sheets introduced for life insurance products to help consumers understand them better…
20 February 2017
Zurich Financial Services Australia has expanded its national sales team through a key promotion and 11 appointments…
20 February 2017
The Tax Practitioners Board says financial advisers are running out of time to register as tax advisers under reform transition arrangements…
13 February 2017
Labor says adviser concerns at the way commission payments will work can be raised at the Australian Securities and Investments Commission’s industry review in 2021…
13 February 2017
Asteron’s future under Suncorp is uncertain, with the parent revealing it is considering selling the business…
13 February 2017
Retailers may provide life insurers with a new distribution channel, according to Bravura’s latest Life Insurance Megatrends report…
13 February 2017
Poor performance from AMP’s life insurance business has forced the parent to report a $344 million loss for last year…
13 February 2017
Broader life insurance approved product lists are unlikely to improve the quality of financial advice, the Australian Securities and Investments Commission says…
13 February 2017
More than 134,000 cancer cases will be diagnosed in Australia this year, but death rates are continuing to fall…
13 February 2017
A bill raising required education standards for advisers has passed both houses of Parliament, but Labor is still pushing for a royal commission on banks…
13 February 2017
The Financial Services Council has rejected calls for legislation allowing the Australian Securities and Investments Commission to get involved in claims disputes…
13 February 2017
The Association of Financial Advisers wants further life insurance industry reforms despite passage of the Life Insurance Framework bill last week…
13 February 2017
Pay is not a major factor in career choices among graduates in the financial services industry, according to a new report from recruitment company Grad Mentor, supported by Zurich…