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Life Insurance

FPA revamps membership

04 February 2008

A newly approved membership and board structure will strengthen the focus on professionalism in the Financial Planning Association…

FICS to address its critics

04 February 2008

Criticisms over a lack of transparency in rulings by the Financial Industry Complaints Service are being met with diplomacy by the complaints board…

Brokers escape full impact of laundering law

11 December 2007

Brokers are likely to emerge unscathed from anti-money laundering regulations coming into force tomorrow – but life insurers and premium funders will probably have to amend…

FPA cuts jargon, costs

04 December 2007

The Financial Planning Association has released a simplified statement of advice template aimed at slashing the cost of preparing financial advice…

FPA raises the bar for financial planners

04 December 2007

The Financial Planning Association has raised the bar of the membership, conduct and accountability requirements of its membership body of financial planners…

FICS raises monetary limits

27 November 2007

The financial services ombudsman has lifted its monetary limits under long-awaited changes to its complaints handling regime…

ING in hunt for new Aussie chief

20 November 2007

Wealth management company ING Australia is on the lookout for a new chief executive after the promotion of Paul Bedbrook to regional CEO for ING Insurance Asia-Pacific…

NZ life premiums up 6.2%

13 November 2007

Life insurance premiums paid in NZ increased by 6.2% in the year to September, according to the Investment Savings and Insurance Association…

MLC drives NAB revenue

13 November 2007

National Australia Bank's wealth management arm MLC has delivered a 14.5% increase in revenue for the year ending 30 September…

Free advice for drought-hit communities

06 November 2007

Members of the Financial Planning Association are pledging their support to drought-ravaged communities with a new pro-bono advice program…

Aussies take global stage

06 November 2007

Australians are making their mark on the worldwide financial services stage with the announcement of two significant appointments…

Finsia appoints new CEO

23 October 2007

Fresh from the $36 million sale of its educational arm, the Financial Services Institute of Australasia has appointed Martin Fahy as CEO…

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…

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…

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…