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…
Life Insurance
Asteron chief moves to Fidelity in NZ
18 July 2016
Fidelity Life has appointed Nadine Tereora as CEO, replacing Milton Jennings, who stepped down earlier this year…
Policy count paints worrying picture for life industry
11 July 2016
While life insurance revenue is growing, new data obtained exclusively by insuranceNEWS.com.au shows the market’s policy count has remained static for the past eight years…
Advisers want choice on platforms, study shows
11 July 2016
Many advisers still want multiple life insurers on platforms, according to the latest Investment Trends adviser technology report…
Industry’s election party may prove short-lived
11 July 2016
The financial services industry has breathed a sigh of relief with the election result finally decided yesterday…
Automation ‘to extend reach of financial advice’
11 July 2016
Robo-advice may present an opportunity to reach consumers who have not sought information on their finances, according to a new report from Rice Warner…
ClearView grows BDM operation
11 July 2016
ClearView Wealth has expanded its business development teams in NSW, Victoria and Queensland…
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…
Austock expands adviser support as bond business grows
11 July 2016
Austock Life has doubled up on support services for financial advisers, amid increased interest in insurance bonds…
ClearView puts annuities on platform
11 July 2016
ClearView Wealth has added annuities to its WealthSolutions advice platform, following feedback from its advisers…
Ex-TAL chief steps in at ASFA
11 July 2016
Former TAL CEO Jim Minto has been appointed Acting CEO of the Association of Superannuation Funds of Australia…
AFA demands practising adviser on standards board
04 July 2016
The Association of Financial Advisers says at least one director of the proposed financial advice standards board should be a practising adviser…
‘Customer group’ fires fresh broadside at FSC churn claims
04 July 2016
The Life Insurance Customer Group has maintained its attack on the Financial Services Council, again claiming there is no evidence of extensive churning that would justify proposed reforms…
New SMSF platform to push life cover
04 July 2016
Spring Financial Group has selected AIA as its insurance partner on a new platform targeting the self-managed superannuation fund market…
FSC unleashes fresh assault on life insurance taxes
04 July 2016
The imposition of state taxes and levies on life insurance has worsened in the past seven years, according to an updated Financial Services Council report…
Money Solutions adopts holistic approach to super advice
04 July 2016
An adviser to superannuation funds is planning to expand its offering to provide a more holistic service…
Evolve or die, AFA warns advisers
04 July 2016
The Association of Financial Advisers says members must adapt to remain successful amid rising costs and potential falling revenues…
ASIC cancels Queensland practice’s AFSL
04 July 2016
Regulators have cancelled Queensland advice practice Advamode Financial’s Australian financial services licence…
FPA raises concern over laws on responsibility
27 June 2016
The Financial Planning Association wants clarity on who is legally responsible for providing advice under the Corporations Act…
ACCC will reject reform framework, adviser group warns
27 June 2016
The proposed Life Insurance Framework will not stand up to Australian Competition and Consumer Commission scrutiny, an adviser organisation claims…