15 August 2022
Financial advisers and planners have voiced concerns about upcoming levy cost burdens after the Federal Government announced Treasury has commenced a review of the Australian Securities and Investments Commission industry funding model...
15 August 2022
MLC Life Insurance has highlighted the need to ensure Australians have access to advice as the industry awaits the release of an interim paper from Quality of Advice independent reviewer Michelle Levy...
15 August 2022
The Albanese Government has outlined its plans for the financial advice sector, more than two months after taking office...
15 August 2022
The corporate regulator has found “indicators of significant compliance issues” over the way some superannuation trustees are managing their internal dispute resolution schemes, potentially placing them in breach of rules that commenced last year...
15 August 2022
New Zealand’s Financial Markets Authority has filed court proceedings against Cigna over “indexation increases” the business applied to more than 52,000 life policyholders, causing them to pay $NZ13.5 million in additional premiums for the increased cover that it provided...
15 August 2022
The proposed compensation scheme of last resort must be “broad-based” so that it will cover all victims of financial misconduct, the Financial Planning Association says...
15 August 2022
Integrity Life announced today it has entered into a working partnership with Australian Group Insurances (AGI), a third-party insurance administrator...
08 August 2022
ClearView has urged the industry to use the “power of storytelling” to highlight the value of life insurance advice to consumers, regulators and policymakers...
08 August 2022
Plenty of growth opportunities await life insurers in Australia and the broader Asia Pacific region but they must “move fast” to capture the huge market of uninsureds, Munich Re Automation Solutions says...
08 August 2022
Zurich Australia has finalised the transfer and integration of the life insurance business of OnePath Life, after submitting a Federal Court application for the arrangement...
08 August 2022
Resolution Life Australasia has made key appointments to its investment team...
08 August 2022
The Financial Services Council has announced the appointment of two new directors to its board...
01 August 2022
TAL Dai-ichi Life Australia announced today the completion of its acquisition of Westpac’s Australian life business, a year after the two parties agreed to the deal...
01 August 2022
The Financial Planning Association (FPA) has responded to the latest complaints data, saying a sharp drop in disputes is an “encouraging” development for the profession...
01 August 2022
Resolution Life Australasia says Tim Tez will join the business as CEO this February, taking over from Megan Beer...
01 August 2022
The Advisers Association has called out the “unfair” regulatory burden facing the profession, saying it hopes the Quality of Advice Review will address the matter in its ongoing examination of the industry...
01 August 2022
Financial Services Minister Stephen Jones and Michelle Levy, who is leading Treasury’s Quality of Advice Review, are on the list of speakers for the Association of Financial Advisers upcoming National Conference...
01 August 2022
The Australian Prudential Regulation Authority will launch a series of new superannuation data publications from next month, providing information on insurance arrangements, expenses and member demographics...
25 July 2022
The Federal Labor Government has given the strongest indication yet that it backs the “stapling” measure that was introduced last year as part of the Your Future, Your Super reforms...
25 July 2022
About 77% of advisers agree helping their clients through claims is a key part of their offering and 78% believe they can provide a lot of value at claim time, according to new research from life insurer TAL...