Industry worried where FOFA reforms will lead
28 November 2011
Concerns have been raised over the “best interest” regulations in the latest Future of Financial Advice bill…
Life Insurance
MLC upgrades insurance platform
28 November 2011
MLC Insurance has launched a new website for advisers and clients with additional online functionality…
Aon tackles underinsurance through special deal
28 November 2011
Aon Hewitt has given members of its superannuation master trust the opportunity to increase their death and total and permanent disablement cover without medical evidence…
Guardian buys stakes as principals move out
28 November 2011
Guardian Advice will be providing financial support for adviser principals wanting to sell their businesses…
S&P gives favourable rating to RGA’s local business
28 November 2011
Standard & Poor’s has rated RGA Reinsurance of Australia’s life operations for the first time, giving it an AA- for financial strength and a stable outlook…
BT moves into new Westpac business
28 November 2011
Westpac has moved its BT business into a new division called Australian Financial Services…
More advisers paid by fees, says FPA
21 November 2011
More than 50% of the Financial Planning Association’s members are now being paid through fees rather than commissions, according to new research by Investment Trends…
Time to focus on life underinsurance again
21 November 2011
Life insurance advisers need to concentrate on the underinsurance problem and not get bogged down worrying about the Future of Financial Advice reforms, says CommInsure GM Retail Advice…
Planners claim success with ad campaign
21 November 2011
A national advertising campaign has lifted the reputation of the Financial Planning Association’s members and the association, according to new research…
SMSFs keep creating more life insurance opportunities
21 November 2011
The push for property loans in self-managed superannuation funds is creating opportunities for life insurance advisers, OnePath National Technical Manager Graeme Colley says…
ACCC approves Count takeover by bank
21 November 2011
The Australian Competition and Consumer Commission will not oppose the takeover of Count Financial by the Commonwealth Bank…
Former Future Fund GM joins AIA
21 November 2011
AIA Australia has appointed former Future Fund GM Paul Costello to its board…
New life underwriter at ClearView
21 November 2011
ClearView Wealth has appointed Scott Hodgson as Chief Underwriter for its life insurance operations…
ANZ helps advisers to retire
21 November 2011
ANZ Wealth has put together a package for its financial advisers wishing to sell their businesses…
FPA runs up $500,000 loss
14 November 2011
The Financial Planning Association has turned the 2010 financial year’s small profit into a $542,000 loss for the 12 months ending June 30…
APRA keeps an eye on regulatory reforms
14 November 2011
The Australian Prudential Regulation Authority will ensure life insurance companies fully understand the implications of the Federal Governments reforms to the advice and superannuation industries…
Advisers like Macquarie Life
14 November 2011
Macquarie Life has achieved the highest level of satisfaction from advisers, according to the Investment Trends 2011 Planner Risk Report…
AIA Australia’s rating downgraded
14 November 2011
Standard & Poor’s has reduced its financial strength rating on AIA Australia to A+/stable from AA-/negative…
AMP improves product offerings
14 November 2011
AMP has overhauled its individual and group life insurance products with more medical conditions covered and improvements to its claims service…
Upgraded site explains life insurance in super
14 November 2011
An industry association has upgraded its website explaining the role of life insurance within superannuation funds…