APRA urges super funds to back code
12 March 2018
The Australian Prudential Regulation Authority has urged superannuation fund trustees to sign up to the Life Insurance Code of Practice…
Life Insurance
AIA worker health study returns
12 March 2018
AIA Australia will hold its second annual survey of worker lifestyles, clinical indicators, stress and mental health, to understand impacts on wellbeing and productivity…
Super fund signs up for life code
12 March 2018
MTAA Super has signed up for the Insurance in Superannuation Working Group’s Life Insurance Code of Practice…
Report breaks down industry trends
12 March 2018
Smoking trends have changed little in the past five years, according to a Strategic Insights report on the life insurance industry…
APRA releases final revised reinsurance standard
12 March 2018
The Australian Prudential Regulation Authority has released a final revised Prudential Standard LPS 230 following consultation in November…
FPA roadshow focuses on education standards
12 March 2018
The next Financial Planning Association National Roadshow aims to inform members about proposed Financial Adviser Standards and Ethics Authority standards…
Former NAB insurance boss joins Rice Warner
12 March 2018
Former Head of Insurance in Super at NAB Tim Jenkins has joined actuarial firm Rice Warner to become EGM Super…
Investment income lifts industry results
05 March 2018
Life insurers recorded about $712 million in net profit for the December quarter, up from $489 million in the preceding quarter, according to latest figures from the Australian Prudential Regulation Authority…
OnePath looks to support funds and members
05 March 2018
ANZ Wealth has announced a series of initiatives linked to its OnePath business, in a bid to strengthen ties with superannuation funds and their members…
FPA board adds legal expert as ex-CEO leaves
05 March 2018
Jane Bowd has replaced Mark Rantall on the Financial Planning Association board…
O’Dwyer to address FSC conference
05 March 2018
Minister for Revenue and Financial Services Kelly O’Dwyer will speak at the Financial Services Council (FSC) Life Insurance Conference this month…
MLC recruits Reserve Bank information chief
05 March 2018
Sarv Girn has been appointed to the new role of Chief Innovation and Transformation Officer at MLC Life Insurance, starting in May…
Fidelity names new HR boss
05 March 2018
Tanya Hadfield has been appointed Head of People and Culture at Fidelity Life, replacing Stacey McDonald…
ANZ commits to super code
26 February 2018
ANZ says it will possess the first bank-owned retail superannuation funds to adopt the Insurance in Superannuation Code of Practice, to take effect in July…
Adviser banned over poor recommendations
26 February 2018
The Australian Securities and Investments Commission has banned Philip Leake from providing financial services for five years, after he failed to act in life insurance clients’ best interests…
Claims surge dents ClearView profit
26 February 2018
ClearView’s life insurance business made a net profit of $12.5 million in the half-year to December, down 2% due to higher than expected claims…
Planning unit drives Mortgage Choice gains
26 February 2018
Mortgage Choice says inforce premium grew 21.1% in the first half to $26.6 million, as the financial planning business expanded…
Investment sees Centrepoint suffer first-half loss
26 February 2018
The wealth manager attributes the loss in the six months to December 31 to significant investments in new advice technology, additional outsourced services for advice groups, and marketing and salaried advisers…
ASIC bans Brisbane adviser for five years
26 February 2018
Brisbane-based financial adviser Christopher Ramsay has been given a five-year ban for failing to act in clients’ best interests and giving inappropriate advice, the Australian Securities and Investments Commission says…
ANZ puts OneCare on the Wrap
26 February 2018
ANZ Wealth’s OneCare life insurance product is now available through Macquarie’s Wrap financial adviser platform…