Actuary group calls for FOFA review
30 April 2018
Rice Warner has questioned why much of the financial advice industry has failed to meet consumers’ needs, and has called for a review of the Future of Financial Advice reforms…
Life Insurance
ClearView terminates Sony Life tie-up
30 April 2018
ClearView Wealth has ended a co-operation agreement with Sony Life, 16 months after it was established…
Asteron unveils flexible mortgage insurance for NZ
30 April 2018
Asteron has introduced a flexible mortgage insurance policy for the New Zealand market…
Pacific Life Re enhances underwriting platform
30 April 2018
Pacific Life Re has engaged a health and wellness consultant to help update its claims rules engine…
Meller goes as AMP acts to repair battered brand
23 April 2018
AMP has vowed to clean up its act after years of corporate deception by senior executives was exposed during the royal commission on financial services misconduct…
AMP faces shareholder class action
23 April 2018
An international law firm is preparing a class action for shareholders against AMP over its $1 billion stock price plunge since early last month…
BOQ sells life business to Freedom
23 April 2018
Freedom Insurance Group will buy the Bank of Queensland St Andrew’s life and loan protection business in a $65 million deal…
ASIC bans adviser for four years
23 April 2018
The Australian Securities and Investments Commission has banned former Suncorp financial adviser Gerald Grubwinkler from providing financial advice for four years…
REI Super adopts insurance code
23 April 2018
REI Super has adopted the Insurance in Superannuation Voluntary Code of Practice…
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…
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…