17 September 2018
Freedom Insurance Group, under fire at the Hayne royal commission for its sales tactics, has dumped direct telephone calling for several products and appointed Deloitte to conduct a review of its strategy and operations…
17 September 2018
AMP was the slowest insurer to resolve life claims last financial year, but also had the lowest rejection rate, data provided by 10 insurers to the royal commission shows…
17 September 2018
TAL breached professional standards and its actions fell below community expectations when it tried to halt income protection policy payments for a nurse who was suffering depression and anxiety, the Hayne royal commission heard last week…
17 September 2018
The Australian Securities and Investments Commission has taken Dover Financial Advisers and its former director Terry McMaster to court…
17 September 2018
The Financial Planning Association has released the seven submissions it has made to the Financial Adviser Standards and Ethics Authority during the year…
17 September 2018
Specialist life insurer PPS Mutual has appointed Richard Hopwood to the new role of State Manager Queensland…
10 September 2018
Insurance in superannuation complaints handling is often too slow, while some trustees have automatically defaulted members as smokers, the Australian Securities and Investments Commission has found in a review…
10 September 2018
Suncorp has signed the share sale deed to pass its Australian life insurance business to TAL Dai-ichi Life for $725 million…
10 September 2018
The Australian Securities and Investments Commission has banned James Phillip Allen from providing financial advice for three years, after he failed to act in clients’ best interests…
10 September 2018
Former Munich Re Australasia MD Heinrich Eder has been appointed an independent non-executive director of Integrity Life…
10 September 2018
Freedom Insurance Group is holding a strategic review of its business following an “initial discussion” with the Australian Securities and Investments Commission…
10 September 2018
Yellow Brick Road has reported a 10.6% rise in premium under management to $18.2 million for last financial year…
10 September 2018
OnePath has extended its claims support system to retail clients making mental health claims through their total and permanent disability insurance…
03 September 2018
A review of direct life insurance sales has found significant numbers of consumers cancelling policies or letting them lapse following “shocking” sales tactics…
03 September 2018
Freedom Insurance Group has reported a 6% fall in net profit to $13.2 million for the year to June 30…
03 September 2018
Advice clients are not taking up health and wellbeing programs associated with their life insurance policies, according to an Investment Trends report…
03 September 2018
S&P Global Ratings has downgraded its rating on AMP Life to A+ from AA-…
03 September 2018
Four competing class actions filed against AMP in the Federal Court have been transferred to the Supreme Court of NSW…
03 September 2018
TAL is waiving life insurance premiums for up to six months for farmers hit hard by the drought in NSW and Queensland…
03 September 2018
MetLife Australia has established a digital platform for lodging and tracking life insurance claims through superannuation fund Statewide…