23 October 2023
Latest Australian Prudential Regulation Authority data shows total and permanent disability with a claims paid ratio of 78%, the highest among seven life product lines covered for the rolling 12-month period to June 30...
23 October 2023
Increased longevity will have implications for the life insurance industry in Australia and globally, according to an annual report from Capgemini...
23 October 2023
The Financial Advice Association of Australia has announced three new board members who will start their three-year terms at the annual general meeting on November 20...
16 October 2023
The ACT Civil and Administrative Tribunal has upheld an insurer’s decision to refuse cover to an insurance applicant with bipolar disorder and other mental health conditions...
16 October 2023
The advice industry is mourning the loss of Bongiorno Group director, Tony Bongiorno, who died last week after an accident while cycling for charity...
16 October 2023
TAL has announced new executive leadership appointments within its Group Life & Retirement business, Individual Life business, and Technology...
16 October 2023
The Financial Advice Association Australia has finalised contenders for its first ever excellence awards...
16 October 2023
Specialist life insurance company PPS Mutual has appointed Ivan Werner as Business Development Manager NSW...
09 October 2023
Life in-force annual premium – comprising of lump sum, disability and group risk business – rose 2.2% to $16.4 billion for the year to June 30, but new annual premium declined 4.83% to $1.67 billion, research house Dexx&r says...
09 October 2023
A part-time cabinetmaker who lodged an unsuccessful income protection claim after suffering a head injury at work has lost his dispute over insurer TAL’s decision to reject his claim for providing insufficient information to show he was working for more than 20 hours a week before the injury...
09 October 2023
The Australian Securities and Investments Commission has filed an appeal to challenge a Federal Court decision in relation to one of the regulator’s claims against ACBF Funeral Plans...
09 October 2023
The Council of Australian Life Insurers has named the recipients of its inaugural support program for mid-career female financial risk advisers...
09 October 2023
Former federal treasurer Peter Costello will speak at the inaugural Trans-Tasman Strategic Leaders conference in Auckland next year, the Financial Services Councils of Australia and New Zealand announced today...
02 October 2023
The independent Life Code Compliance Committee has described a rise in reported significant breaches as “encouraging”, saying it shows life insurers are taking their reporting obligations seriously...
02 October 2023
The Council of Australian Life Insurers has taken over governance of the Life Insurance Code of Practice from the Financial Services Council...
02 October 2023
The Advisers Association has launched a push for industry self-regulation given the substantial changes that have taken place in the last two decades...
02 October 2023
AMP is appealing against a Federal Court ruling in a class action lodged by its authorised financial advisers in relation to changes the listed financial services provider had made to its buyout program...
02 October 2023
The first Trans-Tasman Strategic Leaders Summit for the financial services sector is an opportunity to understand policy direction and consumer trends in Australia and New Zealand...
02 October 2023
Investment group Challenger has announced independent non-executive director Steven Gregg will retire at the annual general meeting on October 26...
25 September 2023
The Financial Advice Association Australia inaugural conference is set for November following its creation from the merger of the Association of Financial Advisers and Financial Planning Association earlier this year...