ACORD starts group life message standard testing
20 August 2012
Technology standards organisation ACORD is to begin testing its policy variation message standards with its Australian life insurance members…
Life Insurance
AFS picks distribution expert as new CEO
20 August 2012
Australian Financial Services Group has appointed Bombora Advice director Alan Logan as its new CEO…
Medical upgrades for AMP’s income protection
20 August 2012
AMP has changed the eligibility criteria on income protection insurance in its Flexible Lifetime Protection, to allow more customers to access it…
FPA launches guides for Financial Planning Week
20 August 2012
The Financial Planning Association will launch a range of consumer tools during Financial Planning Week, which starts today…
Call to build investor confidence in life companies
13 August 2012
Investors value life insurance assets lower and the industry needs to boost confidence in the sector, TAL MD Jim Minto says…
Government’s role in health insurance questioned
13 August 2012
The Federal Government should look at its involvement in the health insurance sector before calling for the industry to cut premiums, an actuarial consultant has claimed…
New chairman for Cigna NZ
13 August 2012
Cigna New Zealand has appointed former ANZ executive Steven Fyfe as its chairman…
Plan B accepts IOOF’s takeover
13 August 2012
Plan B has recommended shareholders accept IOOF’s takeover offer…
Adviser software includes social media links
13 August 2012
IRESS has enhanced the social media tool in the latest version of its adviser back-office software, XPLAN 2.2…
Qualified support for FSC’s new churning rules
06 August 2012
The two main adviser bodies have given qualified support for the Financial Services Council’s new life insurance remuneration framework…
Government reforms ‘create better financial services industry’
06 August 2012
Better governance of the financial services industry will be in evidence in five years thanks to the Federal Government’s reform agenda, Financial Services Minister Bill Shorten says…
Opposition ‘has draft FOFA changes ready’
06 August 2012
The Federal Opposition has drafted its Future of Financial Advice amendment legislation based on the 16 recommendations in its response to the parliamentary joint committee report on FOFA…
NDIS ‘no risk for life insurers’
06 August 2012
Life insurers will not see any impact on their businesses from the National Disability Insurance Scheme, Every Australian Counts National Campaign Director John Della Bosca says…
AIA on growth path
06 August 2012
AIA is the fastest-growing life insurer in the Australian market, according to its Australia CEO Peter Crewe…
FSC wants stamp duty lifted off life policies
06 August 2012
The Financial Services Council intends to push for tax reforms that will include the removal of stamp duty on life insurance policies…
ASX passes share issue for ClearView advisers
06 August 2012
ClearView Wealth’s adviser network now has access to 10.49 million shares in the company under a waiver provided by the Australian Securities Exchange…
Coalition admits possible delays on opt-in removal
30 July 2012
Federal Coalition plans to scrap the controversial opt-in requirement if it wins next year’s election could be delayed by the outcomes of repealing the carbon and mining taxes…
ASIC expects codes to contain opt-in provisions
30 July 2012
Industry codes of conduct should contain provisions “substantially similar” to the opt-in requirement in the Future of Financial Advice legislation, according to the Australian Securities and Investments…
Don’t copy people: AFA President
30 July 2012
Successful businesses are run by people who don’t imitate others, according to Association of Financial Advisers President Brad Fox…
Understanding clients’ incomes to sell insurance
30 July 2012
Advisers should work through a client’s cashflow when they claim insurance is too expensive, CommInsure GM Retail Advice Tim Browne says…