07 October 2019
The Federal Government has released draft legislation to bring funeral expenses policies under the same scrutiny as similar financial products after the Hayne royal commission heard evidence of high-pressure selling tactics...
07 October 2019
Speculation is again mounting that Westpac may be considering a sale of its life insurance assets...
07 October 2019
The stripping of insurance in super from low balance accounts and young members may jeopardise the mental health of thousands of people, warns national workplace mental health organisation SuperFriend...
07 October 2019
Re-adopting the mutual insurance model is the key to the future viability of the life insurance industry, a new “white paper” by former financial adviser and Alliton Capital founder Barry Daniels says...
07 October 2019
CountPlus will develop a new strategic plan, team structure and new leaders for financial advice business Count Financial as it seeks to integrate the acquired company into its business...
07 October 2019
Pacific Life Re has promoted Tyson Johnston to the role of General Manager, Australia...
07 October 2019
A triple-header event recognising the life insurance industry’s efforts in health and wellness, product design and direct life will be held in Sydney on October 17...
30 September 2019
The number of self-reported breaches of the Life Insurance Code of Practice has nearly doubled from last year, but limited resources are restricting the ability to investigate them properly...
30 September 2019
Increased deaths and lower investment returns from climate change impacts could significantly increase the cost of life insurance, a new Actuaries Institute report warns...
30 September 2019
Advisers are reluctant to charge fees to clients for life insurance advice and engage with them about value of advice because of their own mindset, an advice consultant says...
30 September 2019
Voice analytics, machine learning and other variants of artificial intelligence (AI) could help life insurers improve quality and compliance, according to the Australian Securities and Investments Commission...
30 September 2019
The committee charged with overseeing the Life Insurance Code of Practice has launched a website to improve consumer and industry access to information...
23 September 2019
Industry super advocates have welcomed the passing of a bill that has made insurance in super opt-in for under 25s and those with low balance accounts...
23 September 2019
Nearly a third of consumers and more than half of all businesses are considering changing or dropping their financial adviser because they think they don't need insurance or think it's too expensive, MetLife says...
23 September 2019
Customer satisfaction with life insurance is continuing to gradually fall, new research reveals..
23 September 2019
Additional conduct obligations may be imposed on New Zealand's life insurers after a disappointing industry response to the regulators’ conduct and culture review...
23 September 2019
Zurich will waive two months' of life insurance premiums for customers affected by the recent bushfires in NSW and Queensland. The offer will remain open until the end of November...
23 September 2019
The Financial Planning Association's charity arm, Future2, is calling for people to join its annual charity bike ride and hiking challenge in November...
16 September 2019
The passage of the bill banning grandfathered commissions last week leaves thousands of advisers and clients without any solutions about what to do, the Association of Financial Advisers says...
16 September 2019
The life insurance sector’s efforts to convince politicians to vote against further insurance in super legislation is “emotional blackmail”, Super Consumers Australia says...