Australia, NZ help grow AIA new business
27 July 2015
AIA’s new business in markets including Australia and New Zealand grew 31% to $US115 million ($157.6 million) in the six months to May 31…
Life Insurance
Mortality protection gap doubles since 2000
27 July 2015
The mortality protection gap in Australia almost doubled in 14 years, new research by Swiss Re has shown…
Segment clients to provide better advice, says insurer
27 July 2015
Advisers are delivering “one-size-fits-all” advice when clients want tailored solutions, new research commissioned by AIA Australia reveals…
Lack of financial planning ‘leaves Gen Y exposed’
27 July 2015
Only 20% of Generation Y consumers have taken professional advice on their future finances, according to an Asteron Life survey of 1500 Australians…
Digital strategist to open FPA congress
27 July 2015
Prominent digital strategist Chris Riddell will deliver the first keynote speech at the Financial Planning Association’s annual Professionals Congress in Brisbane…
Findex moves to ditch commissions
20 July 2015
Financial Index Wealth Accountants will introduce a commission-free life insurance product engineered by BT later this year, and it says more will follow…
TAL holds off AMP challenge
20 July 2015
TAL continues to build its life insurance market lead over AMP, according to the latest premium inflow figures from Plan For Life…
Advisers seek efficiency gains amid threat to revenue
20 July 2015
Advisers will look to increase efficiency as they transition to new payment models, according to Zurich Financial Services…
AFA gives framework critics chance to vent
20 July 2015
The Association of Financial Advisers will hold an open forum on the new Life Insurance Framework at its roadshows this month…
Advisers reach for the tablets
20 July 2015
Touch-screen devices such as tablets are increasingly prevalent in financial advice businesses, according to new research from Investment Trends…
Advisers raise their game on client relationships
13 July 2015
Adviser practices have become better at maintaining client relationships, with most utilising computer-based systems, a Business Health survey has found…
Too soon to judge life insurance reforms: S&P
13 July 2015
Standard & Poor’s says it is too early to predict what impact proposed life insurance industry reforms will have…
Ex-Macquarie life adviser hit with four-year ban
13 July 2015
The Australian Securities and Investments Commission has banned a Macquarie-affiliated life insurance adviser for four years, for lacking the proper qualifications and failing to comply with financial services laws…
TAL rolls out adviser support initiatives
13 July 2015
TAL will introduce a quicker way to upgrade cover next month, as part of a new support package for advisers facing reduced revenue…
FPA hands out latest Gwen Fletcher award
13 July 2015
The Financial Planning Association has named John Moran from Apt Wealth Partners as winner of its third Gwen Fletcher Memorial Award…
FSC slams ‘distortionary and inefficient’ stamp duty
06 July 2015
The Financial Services Council has called for the abolition of state stamp duties on life insurance…
Synchron finds ‘no evidence’ of churn culture
06 July 2015
Synchron director Don Trapnell says his research shows little evidence of the practice among advisers…
Life underinsurance gap closes
06 July 2015
The rate of life underinsurance has reduced thanks to cover in super funds, but the problem is not going away, Rice Warner CEO Michael Rice says…
FPA hails CFP ad campaign
06 July 2015
The Financial Planning Association claims to have reached 4.8 million consumers with a 10-week advertising campaign promoting Certified Financial Planners…
Corporate super specialists rebrand
06 July 2015
The Corporate Super Specialist Alliance has changed its name to Workplace Super Specialists Australia…