Consumers don’t want fees
02 May 2011
Research released by the Association of Financial Advisers has found consumers don’t want to pay for advice on life insurance…
Life Insurance
Housework cover for injured mums
02 May 2011
Suncorp life insurance subsidiary Million Dollar Woman is offering full-time mothers cover for housework and childcare if they are injured or fall ill…
Tower takeover completed
02 May 2011
Japanese life insurer Dai-ichi Life Insurance’s takeover of Tower Australia has been completed, with the Federal Court approving the scheme of arrangement…
Planner or adviser? Associations want protection
18 April 2011
The Financial Planning Association wants the use of the term “financial planner” restricted by law, while the rival Association of Financial Advisers wants the term “financial adviser” given…
Police working to name last Christchurch victims
18 April 2011
New Zealand Police have confirmed to insuranceNEWS.com.au that nine bodies from the second Christchurch earthquake have still not been identified…
Bendigo Bank unites financial services
18 April 2011
Bendigo and Adelaide Bank has moved all its general and life insurance business into a new division called Bendigo Wealth…
Life insurance market reports strong inflows for 2010
18 April 2011
Premium inflows for life insurance companies grew by 12.5% during the 12 months to December 31, according to new data from research house Plan For Life…
AFA appoints new GenXt chairman
18 April 2011
The new chairman of the Association of Financial Advisers’ GenXt committee is Sarah Riegelhuth of Wealth Enhancers…
More work needed to make life insurance attractive
11 April 2011
One of the causes of Australia’s underinsurance is consumers wanting instant gratification, according to AMP Financial Services MD Craig Meller…
FPA members approve membership changes
11 April 2011
The Financial Planning Association has voted in favour of removing the “principal membership” category…
UK reforms cost consumers more
11 April 2011
The UK Government has admitted its retail distribution review will push up the cost of providing advice and increase the underinsurance problem, Association of British Insurers…
Insurers and super funds must work together
11 April 2011
Superannuation funds can play a role in dealing with the underinsurance problem, AIA Australia CEO Damien Green says.…
No buyers for dealer group
11 April 2011
The long-running takeover saga of Australian Financial Services Group has been concluded, with CEO Peter Daly saying all deals are off…
More clients disclosing mental illness
11 April 2011
The number of life insurance clients disclosing a history of mental illness is on the rise, according to a new survey by AMP…
Life dealer group on expansion trail
11 April 2011
Specialist life insurance dealer group Synchron plans to grow its advisers number to 280 by 2013…
Consumers ‘should pay a fee for life insurance’
04 April 2011
Choice Chairman Jenni Mack wants the advice component of life insurance to be paid for through a fee…
Life advisers want iPads
04 April 2011
Life insurance advisers are embracing new technology to help run their business, according to a new survey by Zurich Life Australia…
New Zealanders find life insurance too hard
04 April 2011
New Zealanders are shunning life insurance because they think it is too expensive and too hard to get, research by Cigna Insurance has found…
Adviser reviews Axa relationship
04 April 2011
A long-established Axa financial advice practice is reviewing its relationship with the product provider following the merger with AMP…
Guardian becomes a life specialist group
04 April 2011
Guardian Financial Planning is positioning itself as a life insurance specialist…