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Life Insurance

Single adviser disciplinary body commences

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...

FSC’s Briggs in charge as search for CEO goes on

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...

MLC expands retail distribution team

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...

MLC names new group insurance chief

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...

AMP, Challenger execs join FSC board

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...

MBS Insurance gears up for 2022

13 December 2021

Adviser MBS Insurance says it will finish the year on a “positive” note, with the business positioned to build further on the changes that were made a few years ago to strengthen its offerings...

MetLife makes diversity inclusion index

13 December 2021

MetLife Australia has been recognised for its diversity and inclusion workplace practices, joining a club of employers who met the prescribed benchmarks to be listed in the Inclusion@Work Index 2021-2022...

Individual DII snaps loss streak as risk products make 'notable improvements'

29 November 2021

The troubled individual disability income insurance product is finally in the black, posting an after-tax profit of $124 million in the 12-month period to September 30 after losing $1.41 billion a year earlier, according to latest statistics from the Australian Prudential Regulation Authority...

ALUCA white paper sets out individual DII best practice approach

29 November 2021

The Australasian Life Underwriting and Claims Association launched a white paper last week on individual disability income insurance, outlining keys areas where improvements may be made amid an ongoing industry-wide push to return the troubled product line to a sustainable state...