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Regulatory & Government

Shorten wavers on commissions but keeps stamp duty

08 August 2011

Commissions on life insurance sold within superannuation might have survived the legislators’ axe, but the Federal Government won’t be doing anything to disturb the states’ stamp duty on…

Europe delays Solvency II

08 August 2011

The European Parliament has proposed delaying the Solvency II deadline to January 1, 2014…

Insurance tax removal on the agenda

01 August 2011

The Federal Government has put insurance taxes back on the national tax reform agenda, saying it’s an inefficient way to collect revenue…

APRA scores well in satisfaction survey

01 August 2011

The Australian Prudential Regulation Authority has recorded some favourable scores in satisfaction ratings from the organisations it oversees…

ICA and Suncorp call for advising reforms

25 July 2011

The Insurance Council of Australia and Suncorp have urged the Federal Government to consider changing the advice regime under the Corporations Act to enable insurers to provide more flood…

No more time for opinions

25 July 2011

The Natural Disaster Insurance Review panel is now officially closed to all submissions following a last minute call for public comment…

Trans-Tasman broking is closer, says regulator

18 July 2011

Regulatory recognition that will allow Australian and New Zealand brokers to practise on both sides of the Tasman may be as little as 12 months away, according to Financial Markets Authority…

ACC surplus supports price drop

18 July 2011

New Zealand employers could soon reap the benefits of the country’s reduction in accident compensation claims, improved rehabilitation services and increased investment returns, with the…