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Life Insurance

TAL dominates direct life market

25 July 2016

TAL remains the leader in the direct life insurance individual lump sum market, with inforce premium of $307.6 million last year, according to a new Plan For Life report…

Banks make progress on commission reform

18 July 2016

Rules governing the payment of sales commissions and incentives by banks are expected to be in place by March next year, according the Australian Bankers’ Association…

Synchron veteran retires

18 July 2016

Synchron’s long-serving Queensland State Manager Gerry Porter has retired, and will be replaced by Gee Vas…

AIA opens admin portal for advisers

18 July 2016

AIA Australia has set up a web-based self-service portal, allowing financial advisers to take more control when managing client account details…

Managers move to new owner Zurich

18 July 2016

With the sale of Macquarie Life to Zurich Life due to be completed later this year, two managers from the former have already moved to the new owner…

Death figures, life expectancy rise

11 July 2016

There were 5902 more deaths registered in 2014 than in 2013, according to revised data from the Australian Bureau of Statistics…