CPA to open independent financial advice business
09 June 2015
The peak accounting body is to move into financial advice, promising to shake up the industry and set a new benchmark for ethical behaviour…
Life Insurance
Super funds call for commission disclosure
09 June 2015
Industry Super Australia has called for the new financial adviser register to disclose information on commissions…
TAL rolls out training scheme
09 June 2015
Life insurer TAL has created a training program offering courses for advisers at various stages of their careers…
KPMG produces ‘most advanced’ disability income table
09 June 2015
A new disability income table from KPMG shows 45-year old women are 94% more likely to make claims than their male counterparts…
Insfin to distribute redundancy insurance through brokers
09 June 2015
Specialist online insurance company Insfin Solutions will use brokers in its distribution strategy for a new product covering redundancy…
Group life industry urged to learn from mistakes
01 June 2015
The Australian Prudential Regulation Authority wants group life insurers to create portfolios of business that are sustainable in the long term…
Group life industry makes premium gains
01 June 2015
Group life premium inflow grew 15.1% to $5.6 billion in the year to March 31, according to the latest figures from Plan For Life…
Adviser register adds qualifications
01 June 2015
From today financial advisers must include their training, qualifications and professional association memberships on the financial adviser register…
Planners ‘behind the times’ on practice valuations
01 June 2015
Accounting firms are more proactive on mergers and acquisitions than their financial planning counterparts, Connect Financial Service Brokers CEO Paul Tynan says…
CBA advice review offers $500,000 in compensation
01 June 2015
Commonwealth Bank has offered $562,513 in compensation to its financial advice clients, but only $79,702 has been paid…
AFA hosts roadshows for female advisers
01 June 2015
The Association of Financial Advisers is to run a series of roadshows to promote the fifth female excellence in advice award…
Asteron eyes wholesale remuneration model
25 May 2015
Asteron Life is considering a wholesale product model that will let advisers build in commissions…
Group life bounces back, as income protection slides
25 May 2015
Group life insurance is back in the black, with the industry posting a $284 million pre-tax profit in the year to March 31…
MetLife adds to senior management team
25 May 2015
MetLife Australia has appointed Jeremy Simmons as Head of Operations and Matthew O’Halloran as Head of IT…
FPA urges advisers to fight negative image
25 May 2015
The Financial Planning Association has called on members to lobby their local MPs and promote the good work advisers do…
APRA group life reforms prompt mixed response
25 May 2015
Group life insurers’ responses to increased compliance rules have been varied, according to the Australian Prudential Regulation Authority…
Moody’s paints gloomy picture for life industry
25 May 2015
The Australian life insurance industry continues to face a gloomy outlook, according to a new report from Moody’s…
TAL owner reports direct life surge
18 May 2015
Dai-ichi Life has reported a 31.3% increase in new direct life net premium and a 27% rise in annual net premium for the year to March 31…
NZ life premium maintains growth
18 May 2015
New Zealand’s total annual inforce life insurance premium was $NZ1.9 billion ($1.76 billion) last year, after rising 43% over the past five years…
AFA conference puts focus on peer-to-peer learning
18 May 2015
The theme of this year’s Association of Financial Advisers national conference is “connecting knowledge with performance”…