Trowbridge calls for slashed life adviser payments
30 March 2015
Life advisers would sell policies at a loss if recommendations from the Trowbridge report on life insurance are implemented…
Life Insurance
Trowbridge report attracts mixed response
30 March 2015
The Association of Financial Advisers “doesn’t agree” with the recommendations of the Trowbridge report on life insurance, arguing the cost to advisers must be examined…
Industry has say on co-regulatory model
30 March 2015
The Federal Government has called for feedback on a co-regulatory model for adviser standards in life insurance and super…
NDIS ‘brings opportunities for life industry’
30 March 2015
There are areas in which the life industry could work with the National Disability Insurance Scheme, says NAB EGM Retail Wealth Products David Hackett…
FSC honours outgoing TAL chief
30 March 2015
The Financial Services Council has presented TAL CEO Jim Minto with a special award for his outstanding contribution to the life insurance industry…
MetLife rehab scheme shows early success
30 March 2015
MetLife says a pilot rehabilitation program designed to return people to work has achieved an impressive initial success rate…
Government praised as window for unclaimed payouts widens
23 March 2015
The Federal Government’s decision to restore a seven-year timeframe on seizing unclaimed life insurance and inactive bank accounts has been praised by the Financial Services Council as “sensible and practical”…
More Australians seek advice
23 March 2015
The number of active financial adviser clients grew last year after dropping in 2013, a new Investment Trends survey shows…
Less-wealthy households hold onto life cover
23 March 2015
Higher-earning households are dropping life insurance, while those with incomes below $40,000 a year are maintaining cover, according to the TAL Financial Protection Index…
Group life premium soars
23 March 2015
Total group life inforce premiums grew 20.8% to $5.2 billion last year, according to the latest data from research house Dexx&r…
Affinia rolls out life planning tool
23 March 2015
Affinia has developed a tool to help advisers deliver strategic life insurance advice that meets the best-interests requirement under the Future of Financial Advice legislation…
TAL crowned AFA life insurer of year
16 March 2015
The Association of Financial Advisers and Plan For Life have named TAL the 2014 life insurance company of the year…
Group life premiums gain 20%
16 March 2015
Group life insurance premium inflows grew 19.7% to $5.4 billion last year, according to the latest figures from research house Plan For Life…
Canstar hails trio’s income protection
16 March 2015
ANZ, InsuranceLine and Virgin Money have won Canstar’s “outstanding value” rating for direct income protection…
FSC conference turns spotlight on life advice
16 March 2015
The quality of life insurance advice will be among the major topics under discussion at the Financial Services Council life conference this month…
CFP course revamp attracts more advisers
16 March 2015
The Financial Planning Association has reported a spike in enrolments to its Certified Financial Planner program…
Life and health GM joins Allianz Global Assistance
16 March 2015
Allianz Global Assistance has appointed Julie Brown as GM Health and Lifecare…
MetLife earns Fortune mag honour
16 March 2015
MetLife has been voted the “most admired” company in the life and health insurance industry in Fortune magazine’s annual survey…
BT wins innovation award for keyperson cover
16 March 2015
BT has won a Canstar Innovation Excellence award for its “unique” keyperson income product, designed to help small businesses cope with employee sickness or accidents…
Sales culture raises risk of poor practice: APRA
09 March 2015
Life insurance retail sales now drive insurer behaviour, leading to concerns over poor practice, the Australian Prudential Regulation Authority says…