30 May 2022
Individual disability income insurance (DII) posted improved results in the 12 months to March, making a net profit of $723.2 million following a $359.9 million loss in the year-earlier corresponding period, according to latest data from the Australian Prudential Regulation Authority...
30 May 2022
The Australian Financial Complaints Authority has ruled “substantially in favour” of a TAL policyholder who made misrepresentations about his history of back pain...
30 May 2022
NobleOak, RAC and TAL have won this year’s Outstanding Value Direct Life Insurance Awards given out by Canstar...
30 May 2022
The Financial Markets Authority of New Zealand has released an information sheet for advisers, setting out how they can demonstrate compliance with record-keeping obligations...
30 May 2022
Global financial advice technology provider intelliflo has appointed Stuart Alsop as Head of Sales, as the business looks to build its presence in Australia...
23 May 2022
The Labor Government has been urged to act quickly on the challenges facing the financial advice industry following the swearing-in this morning of Anthony Albanese as Prime Minister, after he led his party to victory in Saturday’s federal election...
23 May 2022
The Australian Financial Complaints Authority has upheld a superannuation trustee’s decision to distribute the death insurance benefit of a deceased member, who was murdered, to his children, dismissing a challenge from a woman who insisted she should receive half of the payout since she was his de facto spouse at the time of his death...
23 May 2022
Former NSW adviser Ezzat-Daniel Nesseim has been sentenced to a three-year intensive correctional order for engaging in dishonest conduct and providing falsified documents to the corporate regulator...
23 May 2022
Investment management firm Challenger has unveiled plans to set up a customer division and made changes to its leadership team, as the business works to expand its reach across more channels...
23 May 2022
Mid-sized insurers MetLife and QInsure, along with NobleOak, led the way as the life industry increased its overall risk premium inflows last year to $17.6 billion, up 5.5% from 2020, according to researcher Plan for Life...
23 May 2022
Education and training provider Kaplan Professional says a record number of financial advisers graduated from postgraduate financial planning qualifications last year and in 2020...
16 May 2022
The corporate regulator’s civil penalty proceedings against AMP over the alleged deductions of life premiums and advice fees from deceased customers’ accounts are listed for trial later this year in the Federal Court...
16 May 2022
A man whose wife’s $97,200 death cover in her super fund was cancelled and replaced by a more restrictive policy has lost a dispute after a claim was denied...
16 May 2022
Life settlements fund manager Laureola Advisors is scaling up its presence in Australia, two years after it launched a “soft entrance”...
16 May 2022
AIA New Zealand has announced new online offerings that it says are designed to address the 71% insurance protection gap in the country...
16 May 2022
Integrity Life says Ashish Khurana has joined as Chief Technology Officer...
09 May 2022
Zurich Australia is launching a new advice business, as the insurer looks to step up its retail life presence...
09 May 2022
Over the last few years, insurers have rolled out many new technologies to keep up with market demands. For insurers focused on innovation, artificial intelligence, robotics process automation and data analytics have all become critical tools for underwriters today...
09 May 2022
Advice practices have a significant presence on social media but converting their online activities into business referrals remains a challenge, a BT survey has found...
09 May 2022
MLC Life Insurance has launched a digital claims service aimed at improving customer experience...