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Life Insurance

Commission framework ‘makes life sales unviable’

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…

APRA renews call for investment on legacy issues

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…

Zurich grows sales team

20 February 2017

Zurich Financial Services Australia has expanded its national sales team through a key promotion and 11 appointments…

Cancer rates continue to fall

13 February 2017

More than 134,000 cancer cases will be diagnosed in Australia this year, but death rates are continuing to fall…

Keep ASIC out of claims, says FSC

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…

CBA completes advice review assessments

13 February 2017

Commonwealth Bank has completed all assessments in its Open Advice Review program, examining advice provided by Commonwealth Financial Planning and Financial Wisdom…