07 February 2022
The long-term impacts of regulatory reforms on the advice profession including what it means for consumer affordability are among key issues raised by the Financial Planning Association in its 2022/23 pre-budget submission to Treasury...
07 February 2022
The Australian Financial Complaints Authority has ordered AMP to reassess a trauma claim from a policyholder who was diagnosed with skin cancer, ruling the insurer acted unfairly when it relied on medical opinions from its in-house haematologist to review the claim, instead of an oncologist...
07 February 2022
Synchron GM Compliance Phil Osborne has dismissed a recent call by some industry commentators to replace Statement of Advice, the description of documents provided to clients, with a new name...
07 February 2022
MLC Life Insurance announced today Chris Porter is joining the business as Head of Fund Partnerships...
07 February 2022
TAL has launched this year’s prospectus for TAL Risk Academy, its adviser education program...
07 February 2022
Advice group Synchron has appointed Phil Osborne as GM Compliance, who commenced the role at the start of this month...
31 January 2022
Australia’s key life insurance providers achieved mixed earnings results, based on data lodged with the Australian Prudential Regulation Authority for financial years ended in the 12 months to June 30...
31 January 2022
The Federal Court has ordered Statewide Superannuation to pay combined penalties of $4 million for providing members with misleading information regarding their insurance and failing to report the breach to the Australian Securities and Investments Commission in the time required by law...
31 January 2022
The Financial Services Council has proceeded with plans for an enforceable standard prohibiting occupational exclusions in superannuation-linked default group life policies after launching consultation last August...
31 January 2022
Challenger says its Funds Management Chief Executive Nick Hamilton has been appointed CEO, replacing Richard Howes whose retirement was announced last August...
31 January 2022
The single disciplinary body for financial advisers as proposed by the Hayne royal commission commenced operations this month as planned, after legislation passed in the Federal Parliament last October...
31 January 2022
The Financial Services Council says deputy CEO Blake Briggs will run the peak body in the interim following the departure of Sally Loane, who left in December after seven years leading the organisation...
31 January 2022
Synchron SA/NT/Tasmania Manager Chris Regenass died earlier this month during a cardiac surgery aged 57...
31 January 2022
Zurich Life & Investments has appointed William Monday as Chief Medical Officer and Stephanie Pierce as Senior Marketing and Communications Manager – Health Services...
31 January 2022
MLC Life Insurance is aiming to build its partnership credentials with licensees and advisers following four new external hires to its retail distribution team...
31 January 2022
The Australian Securities and Investments Commission has released the first sitting dates for this year’s financial adviser exam, taking over the administration of the tests from the Financial Adviser Standards and Ethics Authority...
13 December 2021
Administrators Robson Cotter Insolvency Group have been appointed to the Aboriginal Community Benefit Fund No. 2 Pty Ltd, owned by funeral insurer Youpla...
13 December 2021
Offset clauses in default group income protection insurance policies are set for increased scrutiny next year, the Australian Securities and Investments Commission says, after its review found the use of such provisions may affect consumer outcomes...
13 December 2021
MLC Life Insurance has appointed Mark Puli as Chief Group Insurance Officer, taking over from Sean Williamson who is leaving the business...
13 December 2021
The Financial Services Council has appointed AMP Australia Wealth Management CEO Scott Hartley and Challenger Chief Executive, People, Corporate Affairs and Strategy Michelle Taylor as board directors...