FPA survey reveals well-educated membership
23 April 2018
More than 3200 Financial Planning Association members have responded to a questionnaire on the most recent Financial Adviser Standards and Ethics Authority industry education proposals…
Life Insurance
AIA seeks industry role in mental health treatment
16 April 2018
AIA Australia and New Zealand CEO Damien Mu has called for a sweeping overhaul of federal legislation to allow life insurers to fund early intervention and treatment for mental health conditions…
OnePath enhances adviser portal
16 April 2018
ANZ says changes to its OnePath life insurance adviser portal will speed the claims process and improve monitoring of progress…
ANZ expands predictive underwriting for tradies
16 April 2018
ANZ is rolling out a predictive underwriting system that makes its OneCare insurance application process easier for tradespeople, following a successful three-month pilot program in Victoria…
FPA members let rip on FASEA proposals
16 April 2018
A Financial Planning Association member questionnaire about recent announcements from the Financial Standards and Ethics Authority has prompted a wave of feedback, with more than 1700 responses in the first 24 hours…
TAL offers mental health program for claimants
16 April 2018
TAL is to introduce Remedy Healthcare’s MindStep mental health program to its life insurance customers…
MLC switches on digital underwriting
16 April 2018
MLC Life Insurance has launched a digital underwriting platform as part of its $400 million digital infrastructure transformation…
CommInsure teams with fintech on digital service
16 April 2018
CommInsure has partnered with technology company UnderwriteMe Australia to provide simpler online life insurance applications…
FPA names education council head
16 April 2018
The Financial Planning Association has elevated Sharon Taylor to the role of Chairman of the Financial Planning Education Council…
Codes ‘fall short in deterring misconduct’
09 April 2018
More regulatory oversight is needed to restore public trust and deter poor practices in the life insurance industry, according to the Parliamentary Joint Committee on Corporations and Financial Services…
MPs call for moratorium on genetic test data
09 April 2018
The parliamentary inquiry into the life industry has recommended a ban on insurers using predictive genetic test results…
Royal commission turns spotlight on planners
09 April 2018
The royal commission on financial services misconduct will focus on financial planning and wealth management in its second round of public hearings, starting next Monday…
Lawyers slam life insurance self-regulation
09 April 2018
Maurice Blackburn has savaged the life insurance industry’s self-regulated code of practice, calling it inadequate and a failure…
MetLife appoints group life exec
09 April 2018
MetLife has appointed Stephen Sefton as Head of Group Product, responsible for expanding the group life insurance offering…
FPA seeks feedback on education standards, ethics code
09 April 2018
The Financial Planning Association has sent a questionnaire on proposed Financial Adviser Standards and Ethics Authority standards to its 13,700 members and affiliates…
TAL launches mental health program
09 April 2018
TAL has partnered with Remedy Healthcare to introduce the healthcare provider’s MindStep mental health program to its customers, in a bid to strengthen its mental health capabilities…
FSC calls for advisory council on genetics
26 March 2018
The Financial Services Council has called for the establishment of a genetics and insurance council to discuss policy with the Government…
Super members paying too much for cover: O’Dwyer
26 March 2018
Minister for Revenue and Financial Services Kelly O’Dwyer has raised concerns that superannuation members do not receive value for money from default insurance premiums…
TAL to refund funeral cover customers
26 March 2018
TAL Direct will offer refunds totalling $900,000 to 1200 Insuranceline customers after the insurer breached the terms of funeral insurance policies…
FMA adviser survey exposes poor conduct
26 March 2018
New Zealand life insurance advisers are engaging in practices that are not in clients’ best interests, according to an industry review by the Financial Markets Authority…