TAL unveils ‘world-first’ data system for group market
04 November 2013
TAL and industry superannuation fund UniSuper have developed an online tool for sharing group insurance data…
Life Insurance
Insurance proves ‘challenging’ for NAB Wealth
04 November 2013
NAB Wealth says inforce insurance premium grew 3.7% to $1.6 billion in the year to September 30…
Life business lifts Macquarie results
04 November 2013
Macquarie Life says inforce premiums increased 22% to $171 million in the six months to September 30…
FPA continues fight for enshrinement
04 November 2013
A long-running campaign to enshrine the term “financial planner” in corporations law will continue under the Coalition Government…
FPA launches academic grants
04 November 2013
The Financial Planning Association will offer academic research grants of up to $5000 as it strengthens its ties with universities…
TAL, OnePath named Canstar life award winners
28 October 2013
OnePath and TAL have shared this year’s Canstar award for outstanding value in life insurance…
S&P awards lowest risk rating to life sector
28 October 2013
Australia’s life industry is rated “very low risk” in Standard & Poor’s latest Insurance Industry and Country Risk Assessment…
AMP expects policy lapses to dent profit
28 October 2013
AMP says income protection policy lapses and higher incurred claim reserves in its Australian wealth protection business will hit annual operating profit…
Lifebroker purchase increases TAL’s direct life presence
28 October 2013
TAL has added to its presence in the direct life insurance market by acquiring comparator Lifebroker…
There’s more to life than premiums, says Choice
21 October 2013
Industry super funds offer cheaper life insurance than stand-alone policies, but there are other issues for customers to consider, consumer group Choice says…
Life sector faces greater scrutiny from ASIC
21 October 2013
The Australian Securities and Investments Commission says it is “concerned about aspects of the life insurance industry” and will put the market under scrutiny…
Higher claims and competition ‘threaten wholesale life’
21 October 2013
The $4 billion wholesale life market is at a tipping point between cost and opportunity, according to a Rice Warner report…
AFA stalwart named a life member
21 October 2013
The Association of Financial Advisers has awarded life membership to former president and treasurer Dennis Bateman…
FPA re-elects board members
21 October 2013
The Financial Planning Association has re-elected three board members…
Sinodinos vows review will not add to regulation
14 October 2013
The proposed financial services inquiry will help grow the industry rather than add more regulation, Assistant Treasurer Arthur Sinodinos says…
CFP body to look at planning regulation
14 October 2013
The Financial Planning Standards Board will hold a two-day strategy meeting in Sydney next week and will also examine the role of adviser regulation…
FOS extends review submission deadline
14 October 2013
The deadline for submissions to an independent review of the Financial Ombudsman Service has been extended until this Friday…
FPA to spend profit on communications upgrade
14 October 2013
The Financial Planning Association plans to invest in an information system to improve member communications, knowledge sharing and engagement…
New AMP chief names leadership team
14 October 2013
Incoming AMP CEO Craig Meller has appointed a new 10-member leadership team, with Gordon Lefevre named as CFO…
Life groups ‘falling short’ on industry growth
07 October 2013
Life insurers have not done enough to grow the industry in the past three years, according to a report by Plan For Life…