Life Insurance
20 February 2023
Zurich Financial Services will provide group insurance to members of Brighter Super, a Queensland-based superannuation fund, from July 1 after the two parties entered into a partnership agreement...
20 February 2023
A pensioner will be repaid premiums for funeral cover that he was talked into buying over the telephone by a company acting on behalf of Nobleoak Life...
20 February 2023
Challenger’s key life business – its biggest division by earnings – posted “record” sales of $5.5 billion in the December half, up 11% from a year earlier...
20 February 2023
The Financial Markets Authority as confirmed the information that all classes of licensed advisers must provide in their regulatory returns following a consultation...
20 February 2023
The Financial Planning Association has announced Jessica Dean of Perth-based Globe Financial Planning as recipient of the Gwen Fletcher Memorial Award for the 2022 summer semester...
13 February 2023
Proposed changes to the definition of advice and the existing regulatory framework, including measures to streamline client paperwork, are the key thrusts of the Quality of Advice Review final report...
13 February 2023
MetLife has introduced changes that it says would make it “easier and faster” for customers in Australia to purchase life insurance...
13 February 2023
A complainant whose total and permanent disability benefit payments were held up has partially won a dispute after the Australian Financial Complaints Authority ruled the insurer must pay “further interest” on top of what it has already agreed to pay to compensate for the delay...
13 February 2023
Kaplan Professional is planning to increase its range of short courses in response to growing demand from advisers...
13 February 2023
The Association of Advisers and Financial Planning Association will hold a combined roadshow across 10 locations in May and early June...
13 February 2023
AM Best has affirmed its financial strength rating of A+ and long-term issuer credit rating of aa- for The Dai-ichi Life Insurance Company, the wholly-owned subsidiary of Dai-ichi Life Holdings which owns TAL...
06 February 2023
The Federal Government has a rare opportunity to deliver significant reforms and should take a holistic approach in responding to a suite of recommendations in the Quality of Advice review, industry groups say in a joint letter to Financial Services Minister Stephen Jones...
06 February 2023
The prudential regulator has listed individual disability income insurance as among its supervision priorities, after expressing concerns at the end of last year over the product line’s financial state...
06 February 2023
A complainant whose income protection benefits were terminated on grounds he was a director of a company while still receiving the insurance payments has won his dispute...
06 February 2023
TAL has announced it will introduce 20 new courses as part of this year’s program for its adviser education platform, the TAL Risk Academy...
06 February 2023
Connect Financial Service Brokers CEO Paul Tynan has flagged his concerns over what he says are “millions of Australian consumers” who have no access to professional financial advisers...
06 February 2023
Kaplan Professional says it has registered a record number of enrolments in its first intake of the year, as it points towards a growing industry sentiment of “getting on” with education requirements regardless of proposed experience pathways...
30 January 2023
The prudential regulator has cautioned against concluding the individual disability income insurance (DII) market is back on a sustainable path and urged the industry to stay focused on improving pricing and product features...
30 January 2023
Disability income insurance new business declined to an 11-year low, falling 2.6% to $388 million in the 12-month period to September, research house Dexx&r says in a new report...
30 January 2023
A pensioner who disputed her insurer’s decision to decline her request for a refund of her funeral insurance premiums has failed to persuade the Australian Financial Complaints Authority to reverse the outcome...