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Life Insurance

NDIS paper wins ALUCA scholarship

09 September 2013

CommInsure Senior Rehabilitation Consultant Linda Winterbottom has won the Australasian Life Underwriting and Claims Association TurksLegal Scholarship…

ASIC bans Wealthsure MD

02 September 2013

The Australian Securities and Investments Commission has permanently banned Wealthsure MD Darren Pawski from managing any financial services licensee…

SFG result rises on expansion and fee growth

02 September 2013

Financial advisory and insurance group SFG Australia says acquisitions and increased income from insurance and mortgage broking fees have helped improve annual returns…

Consumer groups demand action on funeral cover

26 August 2013

A coalition of 11 consumer and age advocacy groups has called on insurers to provide full disclosure on the cost of funeral cover, introduce capped policies and improve compliance…

Snowball upbeat as Suncorp Life profit drops

26 August 2013

Suncorp Life’s profit slumped from $251 million to $60 million in the year to June 30 as higher discount rates, lower interest income and higher lapse rates took their toll…

Profit drops in life industry

26 August 2013

The life insurance industry recorded net profit of $2.6 billion last financial year, according to the Australian Prudential Regulation Authority…

ISN calls for co-operation with advisers

19 August 2013

Having cemented an alliance with the Financial Services Council, the Industry Super Network now wants a similar deal with the advice sector…

Economic slowdown hits TAL profit

12 August 2013

TAL has reported a $20 million ordinary profit for the quarter to June 30, down 66% on $60 million in the corresponding period last year…

PIS claims hit Centrepoint profit

12 August 2013

Centrepoint Alliance says earnings will be hit by an increased provision for client claims against its advisory business Professional Investment Services…