Life Insurance
04 February 2013
The Accounting Professional and Ethical Standards board is to push back the launch of its controversial APES 230 standard “to allow stakeholders additional time to implement [it] once it is issued”…
10 December 2012
Life insurance inforce premium grew 10.11% to $10.6 billion and new business increased 12.8% to $2.5 billion in the year to September 30, according to research house Dexx&r…
10 December 2012
Electronic life insurance applications have exceeded paper submissions for the first time, according to a survey by Munich Re Australasia…
10 December 2012
Professional Investment Services has appointed Scott Harvey to oversee all insurance claims and deal with legacy issues from the company’s previous owner…
10 December 2012
Life insurance would be a long way down the wish list for consumers given a 10% rise in income, according to a poll by TAL…
10 December 2012
The first two Mortgage Choice financial planning practices have opened in Brisbane and Sydney…
03 December 2012
The Association of Financial Advisers has welcomed Federal Government moves to restrict use of the terms “financial planner” and “financial adviser” to Australian financial services licensees…
03 December 2012
The Financial Planning Association says it has received “a great response” from members and the industry to its proposal for a revised Code of Professional Practice…
03 December 2012
Super trustees must focus on a fund’s life insurance component and cannot rely on external advisers, CommInsure GM Wholesale Life Claire Roberts has warned…
03 December 2012
The Financial Services Council will host the inaugural Life Insurance Awards Dinner next year as it seeks to increase its influence in the broader financial services sector…
03 December 2012
ANZ sees opportunities in life and general insurance and aims to drive returns in both sectors, according to CEO Global Wealth and Private Banking Joyce Phillips…
26 November 2012
Individual lump sum life insurance made a $259 million after-tax profit during the September quarter, according to the latest Australian Prudential Regulation Authority figures…
26 November 2012
The Financial Ombudsman Service dealt with fewer disputes about investments last financial year, but it says poor communication about risk is an issue for advisers and clients…
26 November 2012
The Federal Opposition’s move to amend the MySuper bill in the Senate has failed and the legislation has passed for royal assent…
26 November 2012
TAL has been named CoreData Risk Provider of the Year, with Macquarie Life in second place and Asteron third…
26 November 2012
Certified Financial Planners earn 25% more than non-accredited counterparts in Australia, according to research by the Financial Planning Association…
19 November 2012
If a super fund trustee is forced to buy insurance from a related party, fund members end up spending more on insurance, according to an Australian Prudential Regulation Authority study…
19 November 2012
Life insurer TAL increased profit by 8% to $68 million for the six months to September 30…
19 November 2012
People whose small super balances are transferred to the Australian Taxation Office will be better off despite losing their insurance cover, a Senate economics committee has heard…
19 November 2012
Centric Wealth is working to expand its three core offerings beyond Sydney to other state capitals and regional areas of NSW and Queensland…