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Life Insurance

Tax agents bill delayed – but for how long?

11 June 2013

The Federal Government’s push to make financial advisers register as tax agents has been delayed, with the bill referred to the Parliamentary Joint Committee on Corporations and Financial Services…

Shorten hails financial adviser enshrinement bill

03 June 2013

A bill enshrining the terms “financial adviser” and “financial planner” in corporation law will help protect consumers, Financial Services and Superannuation Minister Bill Shorten says…

BT offers upfront commissions only

03 June 2013

BT has revised its remuneration options for advisers in the lead-up to the introduction of the Future of Financial Advice reforms…

Advisers embracing social media

03 June 2013

Advisers are turning to social media for a variety of uses in their businesses, including lead generation and customer care…

Life insurers report strong year

27 May 2013

Life insurers’ combined profits grew 17% to $3 billion in the year to March 31, according to the latest Australian Prudential Regulation Authority figures…

Direct insurers gain market share

27 May 2013

The direct life market is starting to impinge on the adviser distribution channel as products grow increasingly similar, according to new research by Plan For Life…

Flu can be expensive for insurers

27 May 2013

A flu pandemic in Australia could have a 32% direct impact on the profitability of a large insurer, according to Aon Benfield Asia Senior Broker Pierre Vende…

AFA adds to mentor scheme

20 May 2013

The Association of Financial Advisers has upgraded its mentoring program for young professionals, with face-to-face meetings, webinars and discussion papers…

AMP reports small increase in life income

13 May 2013

AMP has reported a slight improvement in life insurance annual premium income for the three months to March 31, rising to $1.75 billion from $1.74 billon…