Underinsurance figures ‘show need for reform’
26 April 2016
Although more than 70% of life insurance in Australia is held through superannuation, there is still a considerable underinsurance problem, according to Rice Warner…
Life Insurance
ASIC demands more consistent white-collar crime penalties
26 April 2016
The Australian Securities and Investments Commission has called for consistency in penalties for white-collar crime…
AMP Chairman steps down
26 April 2016
AMP Chairman Simon McKeon will retire at the company’s AGM next month…
AFA opens education award nominations
26 April 2016
The Association of Financial Advisers has opened nominations for its ninth excellence in education award…
AFA Foundation hails $220,000 year of fundraising
26 April 2016
The Association of Financial Advisers Foundation has raised more than $220,000 in the past 12 months…
Life insurance remuneration bill collapses
18 April 2016
The bill cutting life insurance commissions and introducing clawbacks has lapsed, as it didn't achieve Royal Asset before Parliament was called back today to debate bills that could lead to a July 2 election…
Super review ‘should consider group life role’
18 April 2016
Treasury should have examined life insurance when considering the role of superannuation in Australia, according to KPMG…
Life insurers ‘must evolve to promote health’
18 April 2016
Life insurers need to become organisations that do more than simply pay claims, according to AIA Group CEO Mark Tucker…
CommInsure makes review panel appointments
18 April 2016
CommInsure has appointed three independent members to a new claims review panel that will handle complex cases, according to MD Helen Troup…
Association membership drive could help fight crime: FPA
18 April 2016
The Financial Planning Association wants the Government and regulators to encourage advisers to join professional associations, to combat white-collar crime…
Insurers urged to weigh up medical marijuana benefits
18 April 2016
Underwriters should consider the benefits of medical marijuana in treating multiple sclerosis (MS), according to Gen Re Research and Development Chief Underwriter Ross Campbell…
NSW adviser takes Beddoes Institute award
18 April 2016
Greg Lourens from NSW-based SAM Group has won the Beddoes Institute’s national most trusted adviser award…
AZ takes Priority as growth spurt continues
18 April 2016
AZ Next Generation Advisory (NGA) continues to grow, with Sydney-based Priority Advisory Group its latest acquisition, for $9 million…
Advisers urged to nominate Future2 fund recipients
18 April 2016
The Financial Planning Association (FPA) wants members to identify non-profits and charities that could benefit from Future2 grants…
Advisers win concessions on life framework
11 April 2016
Life insurance advisers can keep their current rate of commissions on policies sold before July 1 this year…
Shorten vows to open royal commission on financial services
11 April 2016
The Labor Party has promised to hold a royal commission into misconduct in banking and financial services if it is elected later this year…
Industry changes ‘a problem’ for advisers
11 April 2016
Changes to the way life insurance is sold are a concern for advisers, a new remuneration survey has found…
ASIC holds $65 million of forgotten life payouts
11 April 2016
Unclaimed life insurance payments total $64.6 million, according to latest figures from the Australian Securities and Investments Commission…
Mentor Education appoints first chairman
11 April 2016
Mentor Education has appointed high-profile adviser and educationalist Jim Taggart as its Chairman…
Infocus adds Melbourne practice
11 April 2016
Dealer group Infocus Wealth Management has acquired Melbourne-based Performa Financial Services as part of its “succession plan”…