Life industry vulnerable to disruptors, but it has some defences
23 May 2016
The life insurance industry is susceptible to disruption, but has some factors that will help to protect it, Willis Towers Watson Head of Risk Consulting Paul Caputo says…
Life Insurance
TAL pushes for healthier customers with new appointment
23 May 2016
A new TAL appointment will focus on the long-term health and wellbeing of its customers…
FSC sticks to cutting adviser life commissions
23 May 2016
The Financial Services Council is keeping the reduction of life commissions as a policy priority for whichever party takes office after July 2…
Mobile super fund members a threat for group life
23 May 2016
Legislation enabling employers and their employees to seek better deals from super funds will see fees become a key factor in attracting new members, according to a leading actuary…
Former Synchron adviser banned for three years
23 May 2016
The Australian Securities and Investments Commission has banned a former Synchron adviser for poor life insurance advice…
Global life market hit by volatility
23 May 2016
Growth in the global life insurance market has been hindered by low interest rates and equity market volatility, says EY Senior Manager David Millar…
ClearView chairman resigns
23 May 2016
ClearView Chairman Gary Weiss has resigned from the board with immediate effect…
NZ advisers, insurers find common ground on commissions
16 May 2016
New Zealand advisers and life insurers have rejected changes to life commissions in submissions to the Government’s financial advice inquiry…
NZ urged to lay down law on robo-advice
16 May 2016
Robo-advice should have to comply with the same rules as traditional models, New Zealand life insurers and advisers say…
Life premiums ‘may eat into super contributions’
16 May 2016
Consumers holding life insurance in superannuation may fall foul of the proposed concessional contribution cap announced in this year’s federal budget, according to Dexx&r…
Election call kills Senate life industry inquiry
16 May 2016
The Senate Economics References Committee’s inquiry into financial advice has lapsed with the double-dissolution election being called…
AMP suffers claims blowout
16 May 2016
AMP Life has reported an $18 million blowout in claims for the three months to March 31…
Uncertainty on regulation poses threat to margins: S&P
16 May 2016
The Australian life insurance industry faces lower margins amid potential regulatory changes, according to Standard & Poor’s…
Adviser awards open for entries
16 May 2016
Nominations are open for the Association of Financial Advisers adviser of the year and practice of the year awards…
Review hears case for adviser rebrand
16 May 2016
Adviser terminology should be simplified to help the public understand the profession’s role, New Zealand’s Ministry of Business, Innovation and Employment has been told…
Advisers urged to reshape traditional model
16 May 2016
The Association of Financial Advisers has encouraged members to consider repositioning their practices to address changing consumer preferences, technology and the cost of delivering advice…
More consumers will shun advisers, Investment Trends says
16 May 2016
About 4.3 million adults intend to conduct a financial activity without seeking professional advice in the next two years, according to new research by Investment Trends…
Bombora recruits Brisbane life specialist
16 May 2016
Brisbane-based Anthem Risk Management is the latest business to join life insurance specialist dealer group Bombora Advice…
AFA opens search for best female adviser
16 May 2016
CEO Brad Fox says the award, now in its sixth year, demonstrates the association’s commitment to recognising outstanding women in the advice profession…
Adviser associations call for reforms to take in life insurers
09 May 2016
The Association of Financial Advisers and the Financial Planning Association want life insurance industry reforms to extend to insurers, not just advisers…