Insurers face uncertainty under TPD definitions
19 October 2015
There is an increasing need for “robust and reliable evidence” when handling total and permanent disability claims, a white paper from MetLife and Swiss Re says…
Life Insurance
Prescott moves into ‘family office’ sector
19 October 2015
Prescott Securities is to offer “family office” services, and has appointed Malcolm Caire to run the Adelaide-based business…
FPA produces life guide
19 October 2015
The Financial Planning Association has refocused on quality of advice with the introduction of a new life insurance guide…
AFA takes clawback case to new Assistant Treasurer
12 October 2015
The Association of Financial Advisers will again push for changes to the clawback proposal when it meets new Assistant Treasurer Kelly O’Dwyer this week…
Insurers can’t justify premium increases, comparator says
12 October 2015
A life insurance comparator has questioned premium increases by the major companies following a good financial reporting season…
ASIC bans Commonwealth advisers
12 October 2015
The Australian Securities and Investments Commission has banned two Commonwealth Financial Planning advisers, in a move welcomed by the bank…
Zurich seeks next generation of advisers
12 October 2015
Zurich Financial Services Australia has linked up with talent mentoring group Grad Mentor to raise awareness of financial planning careers among university graduates…
Young advisers to hold conference
12 October 2015
XY Adviser will hold its first full-day conference in Sydney next month, to share innovative ideas among younger advisers…
Direct life under pressure but retaining its edge: report
05 October 2015
Australia’s direct life insurance sector has recorded falling sales as group life insurers increase market share, according to a new report from Rice Warner…
AIA names group life chief
05 October 2015
AIA Australia has appointed Stephanie Phillips as Chief Group Insurance Officer, responsible for distribution, product, pricing and operations…
CBA to review more compensation cases
05 October 2015
A further 1598 cases have been registered with the Commonwealth Bank’s Open Advice Review program…
BT changes terminal illness conditions
05 October 2015
BT has extended its life expectancy time provision for terminal illness conditions from 12 months to 24 following legislative changes…
Italian group adds Melbourne practice to network
05 October 2015
Italian-owned dealer group AZ Next Generation Advisory has bought its fourth local practice in as many months…
TAL remains top life insurer, as AIA mounts challenge
28 September 2015
TAL has kept its crown as Australia’s biggest life insurer by total annual premium, according to the latest data from Dexx&r…
AMP broadens Horizons in bid to raise education standards
28 September 2015
AMP has introduced more flexible study options and increased practical experience in a revamp of its Horizons education program…
Asteron helps advisers plan for commission changes
28 September 2015
Asteron Life has developed a tool to help advisers model the impact of proposed commission changes on their revenue…
AFA names education award finalists
28 September 2015
State winners in the Association of Financial Advisers excellence in education award have been announced…
ASIC bans life adviser, cracks down on pair
28 September 2015
Former AMP life adviser Lukas Zelka has been banned for three years by the Australian Securities and Investments Commission…
Group life insurers flag premiums concerns
21 September 2015
Premium sustainability remains the biggest issue facing the group life insurance sector, AIA Australia says…
ASIC bans former Meritum adviser
21 September 2015
Former Meritum Financial Group adviser Alfie Chong has been banned for five years…