17 February 2025
The complaints authority says an income protection policyholder was “consciously indifferent to the truth” when she did not disclose her alcoholism and a recent operation to her insurer...
17 February 2025
Financial Advice New Zealand will hold its national conference in Christchurch from April 1-3...
17 February 2025
Financial Advice Association Australia will start this year’s forum roadshow in Geelong on March 4...
10 February 2025
Financial Services Minister Stephen Jones has announced plans to reform education requirements for advisers...
10 February 2025
Swiss Re has named Lloyd Campbell-Gibson as Australia and New Zealand head of life and health...
10 February 2025
Financial Advice Association Australia is renewing its efforts to attract new talent to the profession...
10 February 2025
Healthcare lobby groups have attacked the federal government over a lack of progress on outlawing life insurers’ use of genetic testing to assess underwriting risks, despite a previously announced ban...
10 February 2025
A policyholder who claimed income protection for a cognitive impairment will not receive a payout after the dispute authority found his condition arose while his cover was “on hold”...
10 February 2025
MLC Life Insurance has appointed Melissa Ammon as chief risk officer...
03 February 2025
Resolution Life has completed its $NZ410 million ($371 million) purchase of Suncorp’s life business in New Zealand after securing regulatory approvals...
03 February 2025
A father who claimed a $900,000 death benefit has been denied a payout after the complaints authority found drug use probably played a role in his pilot son’s plane crash...
03 February 2025
The federal government will introduce enforceable service standards for large superannuation funds, beginning with requirements for fair and efficient insurance claim processing...
03 February 2025
The Australian Prudential Regulation Authority says its annual superannuation statistics have for the first time included fund-level detailed insurance data...
16 December 2024
Japan’s Nippon Life has announced an $US8.2 billion ($13 billion) acquisition that it says will consolidate its position in the Australian market...
16 December 2024
Advisers say the release of draft legislation for the next phase of advice reforms may be decided by the timing of the federal election, which must be held by May...
16 December 2024
Super fund Colonial First State has retained AIA Australia as its group insurance provider for another three years...
16 December 2024
New Zealand insurer Asteron Life paid $NZ112 million ($102 million) in claims benefits last financial year, according to an update from the Suncorp-owned business...
09 December 2024
The life industry posted a net profit of $459 million for the September quarter, according to the prudential regulator’s quarterly update...
09 December 2024
Life insurers have hailed the next phase of advice reforms as a “big win” for Australians, but financial advisers are more cautious, saying they want further detail on how the changes will be implemented...
09 December 2024
TAL says mental injury was its leading source of claims in the six months to September...