Guardian helps advisers with life paperwork
03 October 2011
Guardian Financial Planning is offering free life insurance statements of advice to its advisers to help them deal with the Future of Financial Advice reforms…
Life Insurance
Zurich scraps reports on death cover
03 October 2011
Zurich Financial Services has scrapped compulsory personal medical attendant reports on a number of its life, total and permanent disability and income protection policies…
Faster polices from MLC
03 October 2011
MLC is planning to cut turnaround times on new business by up to 70% when a new range of insurance products are launched in the middle of next month…
Opt-in will cost industry jobs, warns Asteron
26 September 2011
Suncorp-owned life insurer Asteron has warned the cost of opt-in will add significantly to the cost of running advisers’ practices and will force some out of business…
Insurance concerns over Stronger Super proposals
26 September 2011
Concerns are being raised over the Federal Government’s proposal to compulsorily consolidate superannuation accounts under $1000, with advisers saying it will result in members losing…
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…
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…