Time to think about 50 years of retirement
07 May 2012
The financial services industry needs to think about people spending 50 years retired, a study reveals…
Life Insurance
Australians worry about saving for a rainy day
07 May 2012
Having enough money for a rainy day is the biggest financial worry for Sydney, Melbourne, Adelaide and Perth residents, according to Macquarie Adviser Services research…
Bill sets out new rules for life insurance in super
30 April 2012
Trustees of super funds will now have to provide minimum levels of default life and total and permanent disability insurance to members…
Industry backs insurance strategy for super funds
30 April 2012
The group life industry is supporting the Australian Prudential Regulation Authority move for super funds to have an insurance strategy…
Brokers boost Macquarie result
30 April 2012
The insurance broking market has been highlighted as a key growth area for Macquarie Banking and Financial Services…
Better TPD claims management cuts disputes
30 April 2012
Better definitions and claims management is leading to a decline in group total and permanent disability disputes reaching the Superannuation Complaints Tribunal…
Super advisers still face revenue uncertainty
30 April 2012
The life insurance advocacy role of corporate super advisers has been ignored during the Future of Financial Advice debate, according to the Corporate Superannuation Specialist Alliance…
BT extends phone service for trauma claims
30 April 2012
Processing times for trauma insurance claims have been slashed since BT Financial Group began offering a telephone service…
Life insurers enjoy good results
23 April 2012
The life insurance market grew 10.4% last year, with all major insurers reporting stronger inflows, according to actuaries Plan For Life…
Mental health claims costing billions
23 April 2012
Australian business loses more than $6.5 billion a year by failing to provide early intervention and treatment for employees with mental health conditions, Chartered Secretaries Australia estimates…
AIA revamps retail sales operations
23 April 2012
AIA has increased its retail sales team by 35% as it moves to a new way of supporting advisers and dealerships…
Challenger reports stronger annuity sales
23 April 2012
Challenger has recorded a strong March quarter for sales of its annuity products and predicts it will meet 2012 financial year sales targets…
New online service to compare health insurance
23 April 2012
Insurance comparison website choosi.com.au is to add a health section. The website already offers a comparison on life, funeral and income insurance packages…
AFA moves focus on to FOFA rules
16 April 2012
The Association of Financial Advisers is moving on from opposing the new Future of Financial Advice reforms to concentrate on the regulations being created by the Australian Securities and Investments…
Ripoll reassures advisers on reforms
16 April 2012
The Federal Government has outlined the benefits of its financial advice reforms, reassuring the sector that the advantages outweigh the costs…
Insurers face review after merger proposal
16 April 2012
The proposed merger of AGEST Super and AustralianSuper will initially leave their separate life insurers in place…
Life practices commanding strong prices as demand grows
16 April 2012
Demand for life insurance adviser practices are “unprecedented”, according to Forte Asset Solutions Director Stephen Prenderville…
FSC relaunches LifeWise campaign
16 April 2012
The Financial Services Council has relaunched its LifeWise campaign to encourage more people to take out life insurance cover…
FPA praised for role in FOFA
16 April 2012
The global standards body has praised the Financial Planning Association’s role in securing changes to the Future of Financial Advice reforms…
CommInsure picks up OnePath sales boss
16 April 2012
CommInsure has poached OnePath Head of Insurance Sales Kevin Goss for a similar role…