Life Insurance
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...
14 March 2022
TAL says its Risk Academy is offering a suite of new live and on-demand courses that are designed to give financial advisers the confidence to navigate income protection advice following a period of “considerable” change...
14 March 2022
The Australian Securities and Investments Commission has announced the next sitting of its financial adviser exam will be held in May, with enrolments accepted from April 4-26...
07 March 2022
The life industry recorded a $1.2 billion net profit for the 12 months to December, against a $100 million loss in the corresponding period of 2020, according to a regular update from the Australian Prudential Regulation Authority...
07 March 2022
The Morrison Government is looking to ease the regulatory burden on the advice sector, Financial Services Minster Jane Hume said last week at the AIA Adviser Summit...
07 March 2022
Westpac has completed the sale of its New Zealand life business for $NZ400 million to Fidelity Life Assurance Company...
07 March 2022
New research commissioned by life insurer NobleOak has found a correlation between happiness and planning for the future...
07 March 2022
Consumers who engage financial advisers are more prepared for retirement, feel better about their finances and are more comfortable making big decisions, according to Financial Advice New Zealand...
07 March 2022
The Australian Securities and Investments Commission has released a consultation paper seeking feedback to its proposed updates for Regulatory Guide 263 Financial Services and Credit Panel...