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…
Life Insurance
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…
Zurich launches app to help financial literacy
09 March 2015
Zurich Financial Services Australia has launched a new tablet app to engage consumers when they meet their advisers…
Technology put to work for FOFA compliance
09 March 2015
Advisers are using financial planning software to aid Future of Financial Advice compliance, according to an Investment Trends report on technology…
Advisers have ‘pivotal role’ with ageing population
09 March 2015
The Financial Planning Association says the Federal Government’s Intergenerational Report has confirmed the need for more Australians to seek advice…
NZ authority welcomes advice review
09 March 2015
New Zealand’s Financial Markets Authority has welcomed a government review of financial advice legislation…
Yellow Brick Road finds gold in life sales
02 March 2015
Yellow Brick Road’s (YBR) life insurance sales soared 84% to $6.9 million in the six months to December 31…