Head of Suncorp Life Risk role confirmed
26 September 2011
Suncorp Life has confirmed the appointment of Sean Carroll as Executive GM for Life Risk Australia, based in Sydney…
Life Insurance
OnePath wins top product award again
26 September 2011
Life insurer OnePath has again been named the winner of Canstar Cannex’s outstanding life insurance product award…
Zurich uses app for flexible processing
26 September 2011
Zurich Life has launched an app available through the Apple AppStore for advisers with iPads…
Lambert joins ClearView
26 September 2011
Sydney-based Lambert Investments has agreed to use the ClearView dealer group for life insurance and wealth management products…
Life premiums up but new business down
19 September 2011
Total inforce life insurance annuals premiums grew by 8.8% for the 12 months ending June 30, according to research house Dexx&r…
Rice Warner justifies opt-in cost
19 September 2011
Rice Warner has defended its costing of the opt-in proposal used by Assistant Treasurer Bill Shorten when launching the draft Future of Financial Advice Bill…
FSC ‘wrong’ to blame churning on advisers
19 September 2011
The head of a specialist life insurance dealer group has attacked the Financial Services Council’s “churning” initiative…
Macquarie Life streamlines medical assessments
19 September 2011
Macquarie Life has joined forces with medical evidence provider UHG to streamline the medical assessment process…
Testing times for corporate life advisers
19 September 2011
Group life insurance sold through corporate superannuation funds may end up being treated as a retail product as a result of the Future of Financial Advice reforms…
New head of wealth at CommBank
19 September 2011
Commonwealth Bank has appointed Annabel Spring as the new head of its wealth division, which includes CommInsure…
Life insurers struggle with revenue as profits drop
12 September 2011
Australian life insurers have seen both revenue and profits fall during the 2010/11 financial year, according to the latest figures from the Australian Prudential Regulation Authority…
AFA questions FOFA independence
12 September 2011
The Association of Financial Advisers has again questioned the independence of the Future of Financial Advice legislation being proposed by the Federal Government…
Life insurers ‘not reading longevity risks properly’
12 September 2011
Increasing longevity rates will cause problems for life insurers in the future, a Swiss Re report warns…
Scaled advice submissions delayed
12 September 2011
Industry bodies and insurers have been given a two-week extension for their submissions to the Australian Securities and Investments Commission’s consultative paper on scaled advice…
Plan B gets new CEO
12 September 2011
Dealer group Plan B has appointed the former head of Skandia Australia, Andrew Black, as its new CEO…
Concerns remain about FOFA proposals
05 September 2011
The modification of the opt-in proposal and allowing commissions on retail life insurance has been welcomed in some quarters. But the critics of Assistant Treasurer Bill Shorten’s Future of Financial…
FPA starts selling members’ skills
05 September 2011
The Financial Planning Association has launched its national advertising campaign promoting its members…
Group life continues to grow
05 September 2011
The group life insurance industry is expected to grow strongly in the next 15 years, according to a new report by Rice Warner…
OnePath helps advisers with FOFA
05 September 2011
ANZ-owned OnePath has already responded to the proposals in the draft Future of Financial Advice bill by launching an adviser support package…
Commonwealth starts dealer group consolidation
05 September 2011
Commonwealth Bank’s surprise takeover offer for dealer group Count Financial is being seen as the first of many such deals as the industry consolidates with the looming government reforms…