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…
Life Insurance
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…
Centrepoint completes AAP takeover
07 October 2013
Centrepoint Alliance has cleared a final legal hurdle and completed its takeover of Associated Advisory Practices…
Sinodinos to speak at AFA conference
07 October 2013
Arthur Sinodinos will make his first official address to the industry as Assistant Treasurer at the Association of Financial Advisers’ National Conference next weekend…
Hammelmann joins Guardian as Queensland manager
07 October 2013
Guardian Advice has appointed Andrew Hammelmann as Queensland State Manager, replacing Hugh McLennan…
TV lawyer joins iSelect board
07 October 2013
iSelect has appointed TV industry lawyer Bridget Fair as a non-executive director…
PIS claims grow as Centrepoint looks to insure risk
30 September 2013
Centrepoint Alliance has added $4.5 million to the provision for claims against advisers at its Professional Investment Services business…
AFA reveals female award shortlist
30 September 2013
Professionals from NSW, Queensland and Victoria have been named as finalists for this year’s Association of Financial Advisers’ female excellence in advice award…
Comparators secure authorised rep exemption
30 September 2013
The Australian Securities and Investments Commission has granted an exemption to two life insurance comparators that allows one to act as an authorised representative…