‘Complex’ life code ignores advisers, says FPA
19 September 2016
The Financial Planning Association has criticised the proposed life insurance code of conduct for being too complex and ignoring the role of financial advisers…
Life Insurance
AFA calls for standard on group claims
19 September 2016
The Association of Financial Advisers has questioned the lack of rules on handling group life insurance claims
Lump sum sales enjoy rebound
19 September 2016
Lump sum life insurance new business sales have bounced back after falling for two quarters, according to the latest figures from research house Dexx&r…
Ex-AMP adviser continues fight against ASIC ban
19 September 2016
A former AMP adviser has applied for a review of his permanent ban, imposed by the Australian Securities and Investments Commission…
AFA flags money-laundering risk in life cover
19 September 2016
The Association of Financial Advisers says life insurance should be included as a risk in government advice on money laundering and terrorism financing…
AMP streamlines life insurance platform
19 September 2016
AMP has made a number of design and technology changes to the life insurance components of its adviser platform Elevate Online…
ASIC hits WA dealer group over compliance failings
19 September 2016
Concerns over compliance at Perth-based Neo Financial Solutions have resulted in regulators imposing an enforceable undertaking…
AFA elects new president
19 September 2016
Association of Financial Advisers stalwart Marc Bineham has been elected President of the group, effective next month…
NZ revises advice industry code
19 September 2016
New Zealand financial advisers must now ensure clients understand any limitations in the personalised service they receive…
AFA names award finalists
19 September 2016
The Association of Financial Advisers has named the finalists for its adviser, practice and female excellence in advice awards…
Life insurer disputes outnumber adviser cases: FOS
12 September 2016
Disputes concerning life insurers lodged with the Financial Ombudsman Service outnumbered those against financial advisers in the year to June 30…
Industry ‘must celebrate’ strong claims record
12 September 2016
The life insurance industry should better promote the benefits it provides consumers by paying most claims, according to BT Head of Life Insurance Phil Hay…
Life cover searches reveal ‘robust’ requirements
12 September 2016
Research among more than 10,000 users of the Canstar product ratings website shows that more than 40% of people searching for life insurance are seeking cover above $1 million…
Life practice joins forces with Sydney accountants
12 September 2016
MBS Insurance has formed a joint venture with Pitcher Partners Sydney to sell life insurance to the business advisory group’s clients…
Australians remain underinsured: report
12 September 2016
Most people still lack enough life insurance to cover their needs, according to Rice Warner’s latest Underinsurance in Australia report…
Canstar hails ClearView and OnePath value
12 September 2016
ClearView and OnePath have been named Canstar Outstanding Value winners in the product ratings group’s annual life insurance awards…
ClearView acts on income protection premiums
12 September 2016
ClearView has increased premiums on income protection products to counter losses in the sector…
AFA flags issues with life insurance code
05 September 2016
The Association of Financial Advisers says it still has concerns about the revised draft Life Insurance Code of Practice compiled by the Financial Services Council…
Settlement a moral duty at last resort: Gen Re
05 September 2016
Insurers should set return to work as their goal in disability claims, but sometimes a settlement is the best outcome for both parties, according to Gen Re Principal Claims Adviser Rob Frank…
AFA forced to hold EGM
05 September 2016
The Association of Financial Advisers has bowed to pressure from its membership and agreed to hold an extraordinary general meeting…