12 February 2024
New Zealand financial services laws are in line for a shake-up after Commerce and Consumer Affairs Minister Andrew Bayly unveiled plans to address red tape and duplication of work by regulatory bodies...
12 February 2024
The Save Sorry Business Coalition has welcomed a $97 million financial resolution scheme for policyholders of failed funeral insurer Youpla Group...
12 February 2024
TAL has updated the courses offered on its adviser education platform TAL Risk Academy...
05 February 2024
The Council of Australian Life Insurers supports “strict” rules around the use of genetic test results in insurance underwriting, as Treasury consults on possible changes to the legislative set-up...
05 February 2024
The Actuaries Institute supports introducing legislation to regulate life insurers’ use of genetic testing results, the peak body says in a submission to Treasury...
05 February 2024
The Financial Advice Association Australia has flagged concerns over rising regulatory costs in a pre-budget submission...
05 February 2024
Treasury has begun consultation on proposed law changes that will provide greater flexibility for financial advisers to show they have met the conditions of an approved degree...
05 February 2024
The Australian Securities and Investments Commission is seeking Federal Court orders against former Wealth & Risk Management director Joshua David Fuoco for contempt of court...
05 February 2024
The Federal Court has dismissed Australian Securities and Investments Commission proceedings against Zurich over the insurer’s decision to “avoid” an income protection policy after an insured failed to disclose her history of hospital admissions for mental illness...
05 February 2024
TAL has appointed Westpac executive Georgina Croft as Chief Claims Officer...
05 February 2024
The Financial Advice Association Australia says this will be a “watershed” year for the profession as it sets out its expectations and priorities for the period...
05 February 2024
Financial Advice New Zealand has named Nick Hakes as CEO, replacing Katrina Shanks, who left for a similar position at the Australian and New Zealand Institute of Insurance and Finance...
05 February 2024
AMP has picked TAL as the default insurance provider for its 270,000 superannuation members after a “comprehensive” tender process...
05 February 2024
Pacific Life Re has appointed Andrew Gill, previously EVP for Asia and Australia, to run its global protection business after changing its organisational structure...
18 December 2023
Life insurers have been told they need to further improve their pricing practices or face the prospect of regulatory action from the Australian Prudential Regulation Authority and the Australian Securities and Investments Commission...
18 December 2023
Super Consumers Australia says life insurers are falling “well short of basic standards” after its analysis of claims data revealed worrying trends...
18 December 2023
Laws around the use of genetic test results should be tightened so that life insurers will not be able to discriminate against Australians, medical researchers say, as Treasury consults on proposed regulatory intervention measures...
18 December 2023
The Financial Advice Association of Australia has backed Australian Taxation Office draft determinations clarifying rules around tax deductibility of fees, including for life insurance advice...
18 December 2023
The Financial Markets Authority has censured Go Financial Solutions for failing to comply with its obligations as a licensed financial advice provider..
18 December 2023
Suncorp-owned Asteron Life says Jon Lloyd is now Manager Employee Insurance, leading the portfolio and pricing team. He was previously Business Development Manager Employee Insurance...