Life insurance not a priority for Gen X & Y
18 July 2011
Life insurance is still a low priority for Generations X and Y, according to new research commissioned by the Financial Services Council for its Lifewise campaign…
Life Insurance
Asteron selected for Colonial FirstChoice platform
18 July 2011
Asteron has joined with Colonial First State to offer life insurance through superannuation via the FirstChoice investment platform…
Platforms have growing role in selling life insurance
18 July 2011
Investment platforms are becoming an important distribution model for life insurers, according to Tower Australia CEO of Group Life Andrew Boldeman…
Axa keeps VicSuper insurance contract
18 July 2011
Axa Australia will continue to provide life insurance to VicSuper members and will offer a number of enhancements as part of the new contract…
Tower upgrades online underwriting systems
18 July 2011
Tower Australia has used adviser feedback to make a number of major changes to its quoting and electronic application systems…
Treasury’s TPD definitions cause concern
11 July 2011
Concerns have been raised over policy definitions in Treasury’s plan to allow tax deductions for total and permanent disability insurance sold through superannuation funds…
OnePath helps advisers with FOFA reforms
11 July 2011
ANZ-owned OnePath has launched a program to help financial advisers to prepare for the Future of Financial Advice reforms…
Life insurance comparison site launched
11 July 2011
A personal finance comparison site provider has branched out into the life insurance market…
Dealer group boosts insurance support
11 July 2011
Dealer group Professional Investment Services has boosted its life insurance support business by appointing two managers to provide assistance at a state level…
CommInsure wins HESTA mandate
04 July 2011
CommInsure has won the insurance mandate for industry superannuation fund HESTA from OnePath…
Underinsurance gap reducing despite staggering numbers
04 July 2011
The life underinsurance gap in Australia is now estimated to be $9692 billion, according to a new report by actuaries Rice Warner…
AFA moves forward with ambitious marketing plan
04 July 2011
The Association of Financial Advisers is pushing ahead with plans to launch a national marketing campaign aimed at increasing the number of Australians who seek financial advice…
Axa merger costs AMP $30 million
04 July 2011
AMP has put the cost of its merger with Axa at $30 million but it will talk further about integration costs at the release of its half-year results on August 18…
Life insurance sales continue to grow
04 July 2011
Life insurance inforce annual premiums sales were up 9.61% to $9 billion for the 12 months ending March, according to research house Dexx&R…
Plan B not shutting down insurance business
04 July 2011
Dealer group Plan B is not shutting down its life insurance business despite media reports to the contrary…
New name for ClearView business
04 July 2011
ClearView has changed the name of its financial planning business to Clearview Financial Advice…
AFA takes the FOFA fight to the independents
27 June 2011
The Association of Financial Advisers has taken its campaign against aspects of the Future of Financial Advice proposals to the independent federal MPs…
Industry opposes compensation scheme proposals
27 June 2011
Opposition to a financial services industry-funded compensation scheme for consumers is growing…
FPA extends expert service
27 June 2011
The Financial Planning Association is to continue its free “Ask an Expert” service until the end of the financial year…
Boutique advisers threatened by FOFA
27 June 2011
Australia’s largest dealer group, Professional Investment Services, says banning life insurance commissions will impact many boutique licensees and may even threaten their survival…