Kiwis’ discrimination case against OnePath ‘has substance’
01 August 2016
A New Zealand couple have won permission take a racial discrimination case against ANZ and OnePath to a hearing of the NSW Civil and Administrative Tribunal…
Life Insurance
Australia doubles business as AIA delivers strong half
01 August 2016
AIA Group’s “other markets” division, including Australia, recorded a 10% increase in new business to $US120 million for the six months to May 31…
BT runs the numbers on rehab scheme
01 August 2016
BT says 60 of 300 monitored customers have recorded 84% improvements on its “health outcome measure” tool…
AZ NGA continues expansion drive
01 August 2016
AZ Next Generation Advisory has agreed to buy Brisbane-based Logiro Unchartered for $4.3 million…
Advisers fight their corner on life insurance scandals
01 August 2016
A life adviser group has blamed the Financial Services Council and Financial Services Minister Kelly O’Dwyer for the perception of a “scandal-ridden” life insurance sector…
Raising financial literacy ‘holds key for advisers’
01 August 2016
Improving people’s understanding of financial services will enhance advisers’ reputations, new research commissioned by Zurich Financial Services has found…
MetLife announces senior appointments
01 August 2016
MetLife Insurance continues to expand its Australian operations, announcing three senior appointments…
FPA roadshows draw larger audience
01 August 2016
The Financial Planning Association says 3200 members attended its recent national roadshow, up 22% on last year’s tour…
Minister confirms life framework remains a priority
25 July 2016
The Federal Government considers the Life Insurance Framework legislation a priority, according to Revenue and Financial Services Minister Kelly O’Dwyer…
Advisers must drive industry change, AFA says
25 July 2016
Peer-led solutions will drive the future of financial advice, according to Association of Financial Advisers GM Member Services Nick Hakes…
Academics, industry investigate longevity bonds
25 July 2016
New research on the risks associated with longevity bonds could prompt their return to investment markets following a failed attempt a few years ago…
FSC calls for fast action on life reforms
25 July 2016
The Financial Services Council has urged the Federal Government to pass its Life Insurance Framework legislation as quickly as possible…
NAB reorganises wealth business
25 July 2016
With the sale of MLC’s life insurance business to Nippon Life nearing completion, NAB has merged the remaining wealth management operation with its consumer banking division…
Practices ‘should double up’ to keep clients
25 July 2016
Principals should aim to build long-term relationships with clients through their practices, rather than individual advisers, Kearney Group CEO Paul Kearney says…
FPA promotional drive connects with consumers
25 July 2016
The Financial Planning Association’s national campaign to promote quality advice is estimated to have reached 6 million consumers, resulting in 41,000 clicks online…
Life ad campaign aims to restore trust
25 July 2016
TAL has announced a major branding drive, with national TV advertising based on the slogan “This Australian life”…
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…
FPA adds to lobbying personnel
25 July 2016
The Financial Planning Association has enhanced its lobbying power with two new appointments…
Simple changes can reinvigorate disability cover: RGA
18 July 2016
RGA Australia has questioned the disability income insurance sector’s sustainability amid rising claims that are not offset by increasing premiums…
NZ proposes sweeping changes to adviser regulations
18 July 2016
The New Zealand Government will change its financial advice regulations to allow robo-advice…