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Life Insurance

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…

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…

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…

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…

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…

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…

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…

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…