05 September 2016
A royal commission into Australia’s banks – which would also have involved the life insurance industry – was narrowly avoided last week as politicians in the House of Representatives staged a series of strategic manoeuvres…
05 September 2016
Asteron Life will include the terminal illness benefit definition “unlikely to survive more than 24 months” in its retail and group life policies, including on current Life Complete insureds…
05 September 2016
Diversa says revenue from providing services to superannuation funds, including group life, grew by $1 million to $5.9 million in the year to June 30…
29 August 2016
More advisers have moved away from life insurance, with 12% writing no new business in the past year, according to a new Investment Trends survey…
29 August 2016
It started as a battle between life insurance companies and advisers, but has escalated to civil war in the Association of Financial Advisers…
29 August 2016
ClearView has reported a 60% increase in after-tax profit for its life insurance business, rising to $24.5 million last financial year…
29 August 2016
Few workers believe they have adequate life insurance, according to a new survey conducted for Workplace Super Specialists Australia…
29 August 2016
Mortgage Choice’s financial planning business has reported a 38% rise in gross profit to $1.7 million for the year to June 30…
29 August 2016
TAL has added an “on-demand” course to its Risk Academy program for advisers…
29 August 2016
Centrepoint Alliance’s licensee and advice services business has reported a 1% decline in revenue to $98 million for the year to June 30…
29 August 2016
Eleven semi-finalists will compete for this year’s Association of Financial Advisers female excellence in advice award…
29 August 2016
AMP has appointed former IAG MD and CEO Mike Wilkins to the board as a non-executive director…
22 August 2016
Raising premiums is not always the best solution to increased life insurance claims, the Australian Prudential Regulation Authority warns…
22 August 2016
AMP’s life insurance business is under pressure, with rising claims and falling profits painting a sorry picture in its June half-year result…
22 August 2016
Life insurers are still shedding money on income protection business, with the industry reporting a $381 million loss for the year to June 30…
22 August 2016
MetLife has won the CareSuper group life insurance contract, taking over from CommInsure from January 1…
22 August 2016
Challenger has reported a 22% increase in total annuity sales to $3.35 billion for the year to June 30…
22 August 2016
Superannuation administration provider OneVue’s takeover of competitor Diversa has been approved by the independently appointed expert examining the deal…
22 August 2016
AIA Australia has redesigned its practice development centre, the Business Growth Hub, as part of a website upgrade…
22 August 2016
New Zealand’s Financial Markets Authority has warned a registered financial adviser about giving misleading and deceptive advice on life insurance…