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…
Life Insurance
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…
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…