Brought to you by:

Life Insurance

Challenger extends MS&AD reinsurance ties

01 April 2019

MS&AD Insurance Group will provide Challenger with ¥50 billion of reinsurance annually for the next five years, in an expansion of their strategic relationship…

FPA members win fight for CFP recognition

01 April 2019

Hundreds of advisers facing thousands of dollars in retraining costs have been granted a reprieve by the Financial Adviser Standards and Ethics Authority…

Zurich commits to OneCare features

25 March 2019

Zurich has reassured financial advisers it will not lose focus on OneCare’s customer-oriented features and service improvements when it starts operating the product this year…

FSC moves to prohibit genetic test disclosure

18 March 2019

The Financial Services Council will introduce a moratorium on life insurance genetic test results as a binding standard from July 1, following stakeholder feedback in the Life Insurance Code of Practice consultation…

Use budget to tackle legacy problems: FSC

18 March 2019

The Financial Services Council has urged the Federal Government to use next month’s budget to cut red tape preventing the retirement of substandard legacy financial products…

TAL doubles up on industry award

18 March 2019

TAL has been named the Association of Financial Advisers’ life company of the year for the second year running, beating AIA, OnePath Life and Zurich Financial Services…

CBA delays wealth management sale

18 March 2019

Commonwealth Bank of Australia has “suspended” the sale of its wealth management operations, including its financial advice business, to concentrate on Hayne royal commission recommendations…

FPA reaches out to uni students

18 March 2019

The Financial Planning Association has launched a new networking program aimed at attracting university students to the profession…

AFCA tells FSC to make super code compulsory

11 March 2019

The Australian Financial Complaints Authority has criticised plans to include the insurance in superannuation code as a voluntary commitment within the Life Insurance Code of Practice…

Industry urged to get real on innovation

11 March 2019

Life insurers must undertake a fundamental product redesign and underwriting transformation to be sustainable in the long term, consultant Oliver Wyman warns…

FPA online tool addresses FASEA confusion

11 March 2019

The Financial Planning Association has launched an online education portal to combat confusion about forthcoming higher education requirements for advisers…