04 October 2021
Measures aimed at turning around the loss-making income protection insurance product line commenced this month, with the industry backing the moves imposed by the Australian Prudential Regulation Authority...
04 October 2021
MLC Life Insurance has launched a new line of income protection insurance products, offering what it says is “the right balance between benefits and affordability” for consumers...
04 October 2021
Asteron Life New Zealand has made changes to expiry ages for Trauma Recovery Cover...
27 September 2021
Passage of the Better Advice Bill will reduce the “competing requirements” of regulatory oversights on advisers and planners, easing the compliance burden on the industry, Financial Services Minister Jane Hume said...
27 September 2021
Association of Financial Advisers CEO Helen Morgan-Banda has called for a “reset” to overcome the challenges facing the industry...
27 September 2021
About 73% of Australians have no income protection policies and do not have any plans to get one, according to a survey by comparator Finder...
27 September 2021
TAL has rolled out a range of redesigned retail income protection solutions...
27 September 2021
The prudential regulator says it will proceed with the requirement for independent certification of related party insurance arrangements as part of its proposed revisions to draft prudential standard SPS 250 Insurance in Superannuation...
20 September 2021
The number of financial advisers has fallen below 20,000, with just 19,382 operating as of June 30, according to Rainmaker Information...
20 September 2021
Treasury has made some amendments to the design and distributions obligations regime that is set to commence on October 5, taking into account feedback from the advice sector...
20 September 2021
The Financial Services Council has called for amendments to the proposed compensation scheme of last resort, saying it is concerned that the current design does not address the source of unpaid determinations in the advice sector...
20 September 2021
Wealth management firm Colonial First State has announced plans to cut insurance premiums, following the re-appointment of AIA as its insurer partner...
20 September 2021
New Zealand needs to raise its life insurance take-up rate if the country is to address its growing mortality protection gap, Swiss Re says...
20 September 2021
Specialist life insurer PPS Mutual has appointed two Chief Medical Officers, John Cummins and Bill Monday...
13 September 2021
The Financial Planning Association has outlined its concerns about the incoming design and distribution obligations regime in a submission to Treasury...
13 September 2021
The Australian Financial Complaints Authority has ruled an AIA customer who has rheumatoid arthritis does not qualify for a benefit payment as her condition does not meet the definition of “severe” as was spelled out in her trauma insurance policy...
13 September 2021
About 58% of self-licensed financial advice practices are more profitable than two years ago despite increased compliance costs, according to a survey by My Dealer Services, which offers support services to advisers...
13 September 2021
Financial Services Minister Jane Hume will deliver the opening address at the Association of Financial Advisers conference next Tuesday...
13 September 2021
MetLife Australia is a finalist in the Best Diversity, Equity and Inclusion Initiative category of the inaugural SEEK Talent Acquisition Recognition awards, which acknowledge excellence in talent acquisition...
06 September 2021
Zurich Life & Investments and its OnePath Life business have moved to include specific COVID-19 vaccination protection, the insurer announced...