Life Insurance
14 March 2016
The Association of Financial Advisers agrees with stamp duty on life insurance policies being included in commission calculations, but says some issues will need to be addressed…
14 March 2016
Direct life insurers are guaranteeing cover at the point of claim rather than when policies are sold, the Association of Independently Owned Financial Professionals says…
14 March 2016
AMP has held its leading position in the individual lump sum and income protection markets despite losing share, according to new life cover premium inflow data from Plan For Life…
14 March 2016
Proposed changes to life insurance advice remuneration under the Corporations Amendment Bill may cost consumers, the National Insurance Brokers Association says…
14 March 2016
The Financial Planning Association has backed the proposed Life Insurance Framework legislation…
14 March 2016
The Financial Services Council says the Life Insurance Framework Bill has been “carefully designed to minimise the impact on small business”…
14 March 2016
The Association of Financial Advisers has come out in strong defence of the role of advisers in the life insurance market…
14 March 2016
The Australian Securities and Investments Commission will release its legal framework for the life insurance industry next month, before it takes effect on July 1…
14 March 2016
Financial planning software provider AdviserLogic has seen $91 billion of life insurance under advice on its systems during the past decade…
07 March 2016
The Senate has voted to include the life insurance industry in terms of reference for its review of financial advice…
07 March 2016
A Liberal backbencher has spoken out against the Federal Government’s Life Insurance Framework legislation…
07 March 2016
Zurich Australia will buy Macquarie Life for an undisclosed sum, and says all staff will be transferred when the deal is finalised in the second half of this year…
07 March 2016
Legislation amending the Future of Financial Advice Act has been passed, enabling opt-in renewal notices to be extended to 60 days…
07 March 2016
BT Financial Group has been named platinum winner in the Plan For Life and Association of Financial Advisers Life Company of the Year awards…
07 March 2016
AZ Next Generation Advisory has acquired Perth-based Wealthwise for $9.5 million, marking its ninth purchase of an Australian wealth advisory in the past 12 months…
07 March 2016
TAL has joined forces with the Personal Injury Education Foundation to provide professional courses for its claims and rehabilitation teams…
07 March 2016
ANZ’s insurance business in Australia will merge into a new wealth division that also includes superannuation and investments…
07 March 2016
MetLife has agreed to sell its network of 4000 US advisers to the Massachusetts Mutual Life Insurance Company for an undisclosed sum…
07 March 2016
The Financial Planning Association’s new CEO Dante De Gori says it is “business as usual” for the industry body…
07 March 2016
Former AMP Life non-executive director Geoff Roberts will join the financial services company’s main board in July…