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…
Life Insurance
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…
ClearView calls for new language in adviser pay debate
02 March 2015
ClearView wants the words “commission” and “incentive” removed from the financial advice vocabulary, because of their negative connotations…
Advice industry needs professional approach: FSC
02 March 2015
Financial advice must evolve to become a trusted profession if it is to survive, according to Financial Services Council CEO Sally Loane…
AIA divisional profit rises despite new business dip
02 March 2015
AIA says its “other markets” division – which includes Australia – suffered a 4% drop in new business to $US212 million ($272 million) in the year to November 30…
Zurich offers discounts on super-owned policies
02 March 2015
Zurich has introduced a first-year 15% discount on premiums funded from super fund rollovers…
Government to consult on adviser education
23 February 2015
The Federal Government will consult with industry before making changes to adviser education standards…
AMP earnings rise as lapse rates improve
23 February 2015
AMP’s life business has turned a corner, with underlying after-tax profit up 114% last year to $238 million…
Adviser register requires more detail
23 February 2015
Advisers lodging details on the new adviser register must include up to five qualifications or training courses they have completed…
Macquarie Life wins more plaudits from advisers
23 February 2015
Macquarie Life has won its seventh consecutive five-star rating for adviser satisfaction from Beaton Research and Consulting…
Life industry makes premium gains
23 February 2015
Premiums in all segments of the life industry grew last year, according to latest figures from the Australian Prudential Regulation Authority…
OnePath business life cover wins five-star rating
23 February 2015
Canstar has awarded its “outstanding value” rating to OnePath’s business partner and key person insurance for the third consecutive year…
Suncorp Life welcomes new dawn
16 February 2015
Tough decisions taken last year are starting to pay off for Suncorp Life, which has reported an $86 million after-tax profit for the six months to December 31…
Life insurance levy inefficient: FSC
16 February 2015
The Financial Services Council predicts stamp duty raised on life insurance will fall short of collection costs…
AFA secures tax adviser association status
16 February 2015
The Association of Financial Advisers has been awarded tax adviser association status by the Tax Practitioners Board…