insuranceNEWS.com.au https://www.insurancenews.com.au/ General insurance and financial services news from Australia and around the world en-au admin@insurancenews.com.au Copyright 2021 Advisers back Canberra’s move to kill off FASEA https://www.insurancenews.com.au/life-insurance/advisers-back-canberras-move-to-kill-off-fasea https://www.insurancenews.com.au/life-insurance/advisers-back-canberras-move-to-kill-off-fasea Key peak bodies have expressed support for the Morrison Government’s decision to wind up the Financial Adviser Standards and Ethics Authority and introduce other measures that will reduce red tape...

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Mon, 14 Dec 2020 13:02:00 +1100
ASIC updates conflicted remuneration regulatory guide https://www.insurancenews.com.au/life-insurance/asic-updates-conflicted-remuneration-regulatory-guide https://www.insurancenews.com.au/life-insurance/asic-updates-conflicted-remuneration-regulatory-guide The Australian Securities and Investments Commission has updated its regulatory guide on conflicted and other banned remuneration to take into account recent legislative changes...

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Mon, 14 Dec 2020 13:01:00 +1100
Planners want Privacy Act to apply to all financial services firms https://www.insurancenews.com.au/life-insurance/planners-want-privacy-act-to-apply-to-all-financial-services-firms https://www.insurancenews.com.au/life-insurance/planners-want-privacy-act-to-apply-to-all-financial-services-firms Every financial services firm should be made to comply with the Privacy Act, the Financial Planning Association says in a submission to an issues paper from the Attorney-General’s Department...

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Mon, 14 Dec 2020 13:00:00 +1100
Trustees urged to improve member insurance outcomes https://www.insurancenews.com.au/life-insurance/trustees-urged-to-improve-member-insurance-outcomes https://www.insurancenews.com.au/life-insurance/trustees-urged-to-improve-member-insurance-outcomes Superannuation trustees have been urged to look into ways to improve outcomes for group insurance members after a new report found wide variations in the design and pricing of default cover...

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Mon, 14 Dec 2020 13:00:00 +1100
Zurich appoints Head of Group Insurance https://www.insurancenews.com.au/life-insurance/zurich-appoints-head-of-group-insurance https://www.insurancenews.com.au/life-insurance/zurich-appoints-head-of-group-insurance Zurich has appointed Darren Wickham as Head of Group Insurance in its Life & Investments’ leadership team...

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Mon, 14 Dec 2020 12:59:00 +1100
CBA clears regulatory hurdle to sell BoCommLife stake https://www.insurancenews.com.au/life-insurance/cba-clears-regulatory-hurdle-to-sell-bocommlife-stake https://www.insurancenews.com.au/life-insurance/cba-clears-regulatory-hurdle-to-sell-bocommlife-stake Commonwealth Bank of Australia expects to wrap up the sale of its 37.5% stake in Chinese insurer BoCommLife by the end of this month after the deal finally secured regulatory approval in China...

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Mon, 14 Dec 2020 12:56:00 +1100