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Financial Services

Opt-in plan has serious flaws for consumers: say critics

30 January 2012

The Federal Government’s opt-in proposals could have serious implications for clients with life insurance policies, the Association of Financial Advisers has warned…

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Life insurers increase assets

30 January 2012

Australian life insurers have lifted their total assets during the 12 months ending June 30 2011 to $235 billion, compared to $234 billion in the 12 months ending December 2010…

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Life insurance sales continue to grow

30 January 2012

Life insurance sales have continued to grow, with both inforce annual premiums and new business recording strong results for the 12 months ending September…

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Suncorp merges life insurance back office with super

30 January 2012

Suncorp Life has merged the back-office life insurance operation with its superannuation and investment businesses…

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Young Australians ignoring life insurance

30 January 2012

Young Australians have the lowest levels of life insurance, with just 36% holding some form of cover…

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Good growth for income protection

30 January 2012

Income protection premium inflows were up 11.4% during the 12 months ending September 2011, according to research house Plan for Life…

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More TPD cover for Qantas members

30 January 2012

MLC has sealed a deal to provide additional voluntary levels of total and permanent disability cover for Qantas Super members…

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Life insurance included in super review

30 January 2012

The suitability and cost of life insurance provided in default superannuation funds is to be reviewed by the Productivity Commission…

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