14 November 2022
ClearView Wealth says its life division is a key focus going forward after a strategic review failed to attract offers of “appropriate value” from external parties locally and overseas...
14 November 2022
TAL has introduced a platform for advisers to keep track of their Professional Year requirements such as work hours and activity progress...
07 November 2022
Quality of Advice Reviewer Michelle Levy’s proposal that advisers will need written consent for commissions has emerged as a source of concern for the industry...
07 November 2022
The Financial Services Council says the Quality of Advice Review proposals paper’s recommendations set out a “sustainable vision” for the regulation of advice in Australia...
07 November 2022
The Council of Australian Life Insurers says it has secured the support of the industry as the new peak body prepares for incoming CEO Christine Cupitt to start in January...
07 November 2022
The Government has announced a six-month delay to the requirement for financial advisers to be registered with the Australian Securities and Investments Commission...
07 November 2022
ClearView Wealth has wrapped up a year-long strategic review of its business after failing to receive offers of “appropriate value” that would take the company forward...
07 November 2022
The Financial Planning Associationsays William Johns has been re-elected as board member and will begin his three-year term when the annual general meeting (AGM) starts on November 22...
31 October 2022
The Financial Services Council says the updated Life Insurance Code of Practice will include provisions to support consumers experiencing family and domestic violence...
31 October 2022
MetLife has appealed successfully against a court ruling that stated the Australian Financial Complaints Authority has authority to determine a complaint relating to superannuation that falls outside of section 1053 of the Corporations Act...
31 October 2022
A bipartisan Senate committee reviewing proposed legislation for the Compensation Scheme of Last Resort has released its findings, backing the financial redress program despite reservations from some stakeholders and also Coalition Senators on the committee...
31 October 2022
The Financial Planning Association has backed the Federal Government’s plan to review managed investment schemes...
31 October 2022
The Federal Government has set aside $7.2 million over two years from 2022/23 to establish the Youpla Group Benefits Program, according to Budget papers released last week by Treasurer Jim Chalmers...
31 October 2022
Investment management firm Challenger is focused on growing its life and funds management arms after disposing of its under-performing banking business...
31 October 2022
MLC Life Insurance announced today a series of changes to its line of retail income protection products that are aimed at improving the quality of coverage...
24 October 2022
The financial advice sector will pay about $68.234 million in levies as part of its contribution to the Australian Securities and Investments Commission’s regulatory work in the last financial year...
24 October 2022
Life insurance claims paid ratios for individual advised and group super risk products have been trending downwards since December 2020, according to the Australian Prudential Regulation Authority...
24 October 2022
The Financial Services Council has called for extensive changes to existing advice regulations to address the life insurance coverage gaps facing Australians...
24 October 2022
Disability income insurance new business reached $404 million in the 12 months to June 30, up 1.5% from a year earlier, research house Dexx&r says in a new report...
24 October 2022
AUB-owned Austbrokers is aiming to grow its life business after securing a partnership with Australian Unity Personal Financial Services...