13 November 2017
Maurice Blackburn Lawyers says a code of practice for insurance provided within superannuation must be binding and enforceable from the start to be effective in driving higher standards…
13 November 2017
Freedom Insurance Group expects a 3-11% rise in first-half net revenue compared with the corresponding period last year…
13 November 2017
The Australian Securities and Investments Commission has cancelled the financial services licence of one company and suspended another following continued breaches…
13 November 2017
Former Commonwealth Bank planner Ricky David Gillespie, previously banned from providing financial services, has pleaded guilty to forgery…
13 November 2017
Concerns about the deduction of insurance premiums from wages and salaries prompted 6.9% of complaints received by the Superannuation Complaints Tribunal in the third quarter…
13 November 2017
Australian Finance Group has appointed comparator Lifebroker to its life insurance referral program…
13 November 2017
AMP customers can securely log on to the life insurer’s apps on Apple’s iPhone X using facial recognition technology…
06 November 2017
AMP is assessing the way data is handled after internal staff expenses details were accidentally stored in a public cloud service by a third-party contractor…
06 November 2017
Westpac-owned BT Financial Group aims to have at least three “high-quality insurers” on its life insurance approved product list by March next year…
06 November 2017
Client retention remains a key issue for financial planners, despite actions to improve satisfaction rates and rising demand for advice, according to market researcher Investment Trends…
06 November 2017
The Financial Planning Association has welcomed an announcement from the Financial Adviser Standards and Ethics Authority clarifying its position on qualifications for individuals entering the profession…
06 November 2017
The Australian Prudential Regulation Authority is consulting on its proposal to amend Prudential Standard LPS 230, which applies to all life insurance companies including friendly societies…
06 November 2017
Jennifer Jackson, a Rehabilitation Consultant at CommInsure, has won this year’s Australasian Life Underwriting and Claims Association TurksLegal Scholarship for her essay on genetic testing…
06 November 2017
ANZ Wealth has introduced an online service to help advisers prepare for the Life Insurance Framework taking effect on January 1…
06 November 2017
The Financial Planning Association’s charity arm, the Future2 Foundation, has awarded $133,000 in grants this year to 14 charities that help socially and financially disadvantaged young Australians…
30 October 2017
The proposed insurance code of practice for superannuation trustees should have “regulatory solutions” involving the Australian Securities and Investments Commission, AustralianSuper says…
30 October 2017
Life insurers must address the implications of genetic testing, which is likely to become more widespread as costs fall, according to a discussion paper from the Actuaries Institute…
30 October 2017
Australian Prudential Regulation Authority Chairman Wayne Byres has flagged long-term changes in the financial sector as more life insurers are sold into foreign ownership…
30 October 2017
AMP’s wealth protection business grew its assets under management by $211 million to $125.3 billion in the third quarter…
30 October 2017
ANZ subsidiary OnePath recorded life insurance inforce premium of $1.61 billion in the year to September 30, little changed from $1.6 billion the previous year…