01 November 2021
The Federal Government’s “stapling” reform, aimed at preventing workers from holding multiple super accounts and paying unnecessary group insurance premiums, commences today...
01 November 2021
AMP and Prime Super have responded to a critical report on the use of restrictive terms in group disability insurance policies...
01 November 2021
MetLife Australia is providing more resources to support its advisers so that they can better serve their clients...
01 November 2021
AIA Australia has partnered with Medix Global, an international digital healthcare management company, to offer its eligible customers a personal health mentor and navigation service...
01 November 2021
The Financial Services Council has appointed Nick Fels as Director...
01 November 2021
Investment management firm Challenger says it expects to continue performing well, after the business began this financial year on a strong note...
01 November 2021
Association of Financial Advisers Vice President Sam Perera has been named National President, taking over from Michael Nowak, who stepped down from the role...
25 October 2021
The Australian Securities and Investments Commission says it has commenced court action against two former Freedom Insurance executives, alleging they breached conflicted remuneration and other laws to drive sales at the expense of clients...
25 October 2021
AMP has pressed the need for stakeholder “collaboration” when the Treasury-led Quality of Advice Review takes place next year...
25 October 2021
The Financial Services Council says it has started looking for a successor to CEO Sally Loane, who is leaving at the end of the year...
25 October 2021
The prudential regulator has again expressed concerns about disability income insurance (DII) products, following the release of its latest claims and disputes data for the rolling 12-month period to June 30...
25 October 2021
Federal Parliament last week cleared the Better Advice Bill, paving the way for the establishment of a single disciplinary body and commencement of other reforms as recommended by the Hayne royal commission...
25 October 2021
Melbourne-based adviser Ashok Sherwal has been given a six-year ban for financial misconduct, the Australian Securities and Investments Commission said...
25 October 2021
Specialist life insurer PPS Mutual says it has assigned more than $4 million in profit-share to qualifying members in the first five years since the scheme was introduced in 2017...
18 October 2021
The Financial Services Council’s plan to reform the advice sector, which it says will deliver cost savings of $91 billion over 20 years if implemented, have the backing of other peak bodies...
18 October 2021
The life industry is showing signs of recovery, demonstrating its resilience in managing the economic upheavals of the pandemic, KPMG said today in a review based on analysis of statistics from the prudential regulator...
18 October 2021
Seven life insurance providers with more than 14 million customers have launched an initiative in support of the national COVID-19 vaccination program...
18 October 2021
Advisers can continue to provide clients with a record of advice instead of a statement of advice until April 15 next year, the Australian Securities and Investments Commission says...
18 October 2021
The Financial Services Council says it aims to introduce an enforceable standard banning occupational exclusions in default group life insurance in superannuation by January 2023...
18 October 2021
The Financial Planning Association has shortlisted the finalists in the running for its annual awards recognising outstanding performance across six categories...