Super boost for life insurers
23 October 2007
Changes in superannuation legislation have boosted growth in the life insurance sector, according to the latest quarterly survey of life insurance trends…
Life Insurance
New IFSA chairman named
23 October 2007
The Investment and Financial Services Association has appointed a new chairman. Perpetual MD David Deverall replaces Craig Dunn…
FPA elects new chairman
23 October 2007
Julie Berry will take up the chairmanship of the Financial Planning Association at the end of next month, replacing Corinna Dieters…
Life insurance? She’ll be right
16 October 2007
Blissful ignorance sums up Australian's attitude to life insurance, with nearly two-thirds of people drastically underinsured, according to a survey by Axa…
QBE agrees to pay $5.5 million in Westpoint PI compromise
09 October 2007
QBE is facing a $5.5 million PI payout to creditors of DKN Financial Group…
New technology helps Tower build
02 October 2007
Tower Australia is looking to use a new automatic rules system to revolutionise the way it underwrites retail life insurance policies…
Planners fire broadside at complaints body
25 September 2007
The Financial Planning Association has opened a rift with the sector's main complaints body after accusing the financial services ombudsman of lacking transparency…
Online life cover cheaper: Allianz
18 September 2007
Allianz Australia is spearheading the charge towards simplified life insurance products, stripping its product disclosure statements to just seven pages…
Reputation key to risk management
04 September 2007
The three risk management issues most exercising the minds of Australian financial institutions are corporate governance, talent management and technology, according to Aon…
Westpac and BT branch out
04 September 2007
Westpac and its wealth management arm are set to launch a new life insurance brand that will make the bank’s investment products available to external financial planners…
FPA members happier
28 August 2007
The Financial Planning Association says improvements to its communications strategies and general performance are having a near-immediate impact on its standing among members…
Financial planner sues
28 August 2007
At least one financial planner is taking the Westpoint matter into his own hands…
FPA plans for gold-card status
21 August 2007
The Financial Planning Association is planning an overhaul of its membership standards as a way of improving standards across the advice industry…
US award for Gwen Fletcher
14 August 2007
The global work of Australian financial planning pioneer Gwen Fletcher in spreading the message on the need for qualified planners has been recognised by the US Financial Planning Association…
Collaboration key to success: industry
14 August 2007
Strengthening ties between the financial services industry and regulators will support Australia’s ambition of becoming a regional powerhouse for international investment…
Vamos takes up ASFA post
07 August 2007
Former insurance broker and financial services regulation expert Pauline Vamos will be the new CEO of the Association of Superannuation Funds of Australia…
Pearce backs commission payments
07 August 2007
Parliamentary Secretary to the Treasurer Chris Pearce has backed the use of commission payments in the financial services industry, warning practitioners about political and…
Disclosure documents too long, complex
07 August 2007
Financial planners are pressing for shorter and simpler disclosure documents amid new research claiming more than three-quarters of customers say the mandatory advice is too long…
Planners wary of PI rule
31 July 2007
The introduction of mandatory professional indemnity insurance for holders of financial services licences won’t prevent corporate collapses or root out rogue elements in the industry…
Planners’ association scrutinises members
24 July 2007
Scrutiny over the practices of financial planners is set to tighten, with the Financial Planning Association announcing it will establish a new conduct review group…