AFA, FPA join forces to map industry’s future
17 June 2019
The Financial Planning Association and the Association of Financial Advisers have formed a joint life insurance taskforce...
Life Insurance
Industry steps up super reform awareness drive
17 June 2019
The Financial Services Council and the Association of Superannuation Funds of Australia have launched a joint campaign to encourage people to check their group life cover arrangements ahead of legislative changes...
Challenger feels effects of adviser turbulence
17 June 2019
Disruption in the financial advice market has led to a drop in Challenger’s annuity sales from $1.17 billion to $662 million over six months...
CBA to part with advice arm
17 June 2019
Commonwealth is the latest bank to offload its financial advice arm, selling Count Financial to CountPlus for $2.5 million...
Fidelity appoints new COO
17 June 2019
Fidelity Life New Zealand has recruited Gallagher Bassett’s EGM Claims Katherine Johnson to be its new COO...
Authority green-lights Kaplan diploma
17 June 2019
Kaplan Professional’s graduate diploma of financial planning and other bridging courses have been approved by the Financial Adviser Standards and Ethics Authority...
Adviser slams ‘hijacked’ commissions debate
11 June 2019
The Federal Government and corporate regulator’s “obsession” with conflicted remuneration is blinding them to the need to ensure consumers have access to financial advice, a leading adviser warns…
MLC backdates new medical definitions
11 June 2019
MLC policyholders can claim for past heart attacks or arthritis after the insurer retrospectively updated old definitions…
Canstar reveals smoking gap, names direct winners
11 June 2019
Smokers can pay hundreds of dollars more a month than non-smokers for $500,000 life insurance policies, according to Canstar research…
Legacy systems hamper customer satisfaction drive
11 June 2019
Life insurers must clean up the legacy systems plaguing their administration if they want to provide a better customer experience, a financial consultant has warned…
AFA opens conference registration
11 June 2019
The Association of Financial Advisers has opened registrations for its annual conference, to be held in Adelaide in August…
FPA offers members mental health support
11 June 2019
The Financial Planning Association has established a mental health program for advisers struggling under the weight of education and regulatory changes…
Industry profits take a dive
03 June 2019
Net profit for the life insurance industry plummeted to only $800 million in the year to March, according to Australian Prudential Regulation Authority figures…
AIA spreads word on inactive super funds
03 June 2019
AIA has launched a national campaign with superannuation partners Mercer and Commonwealth Superannuation Corporation to encourage members to stop their “inactive” super accounts being shut down…
Zurich finalises OnePath purchase
03 June 2019
Zurich has completed its acquisition of ANZ’s OnePath life insurance business, giving it the largest financial adviser distributor channel in the country…
Freedom shuts advice business after staff depart
03 June 2019
Troubled direct life insurer Freedom Insurance will shut subsidiary Spectrum Wealth Advisers after an exodus of key personnel…
Actuaries Institute director joins Swiss Re board
03 June 2019
Swiss Re Life and Health Australia has appointed Annette King as a board member…
TAL offers premium incentive to healthy customers
03 June 2019
TAL has introduced a rewards program for policyholders who take preventative health measures…
IAG passes NZ life customers to Aon
03 June 2019
IAG New Zealand has handed its life insurance customers to broker Aon, after deciding to depart the sector…
Advisers learn about ethics code
03 June 2019
Life insurer TAL is running an ethics course to help advisers fulfil Financial Adviser Standards and Ethics Authority code requirements…