04 April 2022
The Financial Services Council has welcomed the additional $547 million in Commonwealth funding for mental health programs, as outlined in the Federal Budget 2022/23 last week by Treasurer Josh Frydenberg...
04 April 2022
A complainant who disputed the increased premiums charged to two policies he held with AIA has been told the new rates were raised “lawfully” and were “consistent” with the contract terms...
04 April 2022
Financial Services Council Acting CEO Blake Briggs will take on the role permanently following the departure of Sally Loane at the end of last year...
04 April 2022
Specialist risk advice firm Australian Financial Risk Management celebrated its 25th anniversary last week...
28 March 2022
The Australian Prudential Regulation Authority has decided to put on hold its plan for the implementation of the policy contract term measure in individual disability income insurance products...
28 March 2022
The corporate regulator has warned social media influencers and licensees who engage them against breaking financial services laws, adding enforcement actions will be taken if contraventions are found...
28 March 2022
A complainant who claimed he was evicted because he was not receiving his monthly income protection benefit payments on time from AMP Life to pay his rent has lost his dispute...
28 March 2022
MetLife has pledged to invest more than $US2.5 billion to achieve its set of 2030 diversity, equity and inclusion commitments...
28 March 2022
The corporate regulator has released the results of the first financial adviser exam cycle it administered since taking over the duty from the Financial Adviser Standards and Ethics Authority...
21 March 2022
A Westpac customer who made an unsuccessful claim on her living insurance policy after undergoing surgery for breast cancer in 2020 and then radiotherapy last year has won her dispute with the insurer...
21 March 2022
Diversified financial services provider WT Financial Group will acquire Synchron, a privately-owned advice group...
21 March 2022
The Association of Financial Advisers says TAL has again been named Life Company of the Year, the fifth straight time that it has taken home the award...
21 March 2022
New life entrant iExtend has launched in the market, offering what it says is an “innovative” product that partners with life insurance owners to share ownership of the policy...
21 March 2022
TAL has been named Employer of Choice for Gender Equality in recognition of its efforts to advance workplace parity...
14 March 2022
The Financial Services Council has released a report outlining its policy priorities including for life insurance and the advice sector ahead of the federal election, which is widely expected to take place in May...
14 March 2022
The Australian Prudential Regulation Authority has updated a standard to reduce risks from the rising use of offshore reinsurers by the life industry...
14 March 2022
The Financial Services Council is helping flood-affected Australians who are trying to track down lost life insurance policies...
14 March 2022
The Advisers Association says an Australian Law Reform Commission inquiry should hold fire on some reforms until a Treasury Quality of Advice Review is completed to avoid two sets of changes being introduced within a relatively short period...
14 March 2022
AIA Australia has promoted Mike Thornton to the newly created position of Chief Transformation Officer as it begins a three-year overhaul to enhance the end-to-end experience for its customers, partners and employees...
14 March 2022
MLC Life Insurance and NEOS will officially launch a new product as part of a new partnership between the two businesses...