Digital advice will cut costs, reach more clients: Westpac
21 September 2015
Digital advice may reduce advisers’ compliance costs, Westpac has told a Senate inquiry into financial advice…
Life Insurance
Mental illness drives income protection claims
21 September 2015
Mental health issues are the most common cause of income protection claims for middle-aged people, Rice Warner research on group life insurance has found…
AFA names award finalists
21 September 2015
The Association of Financial Advisers and Zurich have announced the finalists for their adviser of the year and practice of the year awards…
TAL and Zurich named as life insurance value leaders
14 September 2015
TAL and Zurich have again been named outstanding-value life insurers in Canstar’s annual review of the industry…
NAB rolls out robo-advice
14 September 2015
NAB will provide “robo-advice” on insurance and superannuation to 40,000 customers…
Greenstone loses CEO to Cash Convertors
14 September 2015
Greenstone Financial Services CEO Mark Reid has left the life, health and funeral insurance distributor to become CEO of Cash Converters…
TAL puts obesity loading on new policies
14 September 2015
TAL is to charge higher premiums for overweight and obese customers, to reflect their greater risks…
MetLife grows retail distribution with YBR deal
14 September 2015
MetLife has expanded its retail life insurance business with a deal to supply the life component in Yellow Brick Road’s new home loan protection products…
AIA works with advisers on industry framework
14 September 2015
AIA will host forums across Australia to help advisers adjust to the Life Insurance Framework…
Client relationships key to avoiding clawback, advisers told
07 September 2015
The proposed life insurance clawback rule should pose no problem if advisers have won clients’ trust, according to the MD of adviser practice Mr Insurance…
Sentry warns of adviser exodus
07 September 2015
The introduction of the three-year clawback in the Life Insurance Framework will force many advisers to quit the industry, Sentry Group MD Murray Hills warns…
Robo-advice opens door to new clients, Zurich says
07 September 2015
Life insurance will feature in Zurich Financial Services’ new robo-advice tool…
Group sector drives life market growth
07 September 2015
Group life insurance outperformed other industry segments in the year to June 30, according to figures from Plan For Life…
FPA planning week proves hit with consumers
07 September 2015
More than 9000 people visited the Financial Planning Association’s Ask an Expert online forum during the recent Financial Planning Week…
‘Service trumps size’ when advisers switch insurer
31 August 2015
Advisers do not prioritise life insurers by size when considering moving their business, according to Investment Trends Senior Analyst King Loong Choi…
AFA loses COO to Netwealth
31 August 2015
Association of Financial Advisers COO Phil Anderson is leaving to join Netwealth as GM of its adviser licensing business…
Pacific Life Re targets group life after market ‘turmoil’
31 August 2015
New market entrant Pacific Life Re will service only the life insurance market after entering Australia, according to Head of Marketing Ilan Leas…
Financial planning lifts Countplus result
31 August 2015
Accountants and specialist advisers Countplus says its financial planning businesses’ operating revenue grew 7.5% to $48.5 million in the year to June 30…
Recruitment ‘should be hands-on task’ in advice industry
31 August 2015
Recruiting advisers to a dealer group or practice must be a “hands-on” process, and not simply passed to a human resources department, acquisitions specialist Paul Tynan says…
Australian Unity cashes in after diversity drive
31 August 2015
Australian Unity has reported net profit of $34.6 million for the year to June 30, up 16.6%…