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Life Insurance

Industry hits out at Canberra over new disciplinary body

14 October 2019

The Government’s decision to set up a disciplinary system for financial advisers appears to have blindsided the industry, which had been preparing for the launch of its own monitoring scheme on January 1...

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ASIC expects to release TPD findings this month

14 October 2019

The Australian Securities and Investments Commission expects to release this month its findings on the industry’s handling of total and permanent disability claims, a spokesman told insuranceNEWS.com.au today...

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ASIC bans adviser for 7 years

14 October 2019

The Australian Securities and Investments Commission has banned a Queensland-based financial adviser for seven years for inappropriate insurance advice...

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AMP unites banking and wealth businesses

14 October 2019

AMP Limited has merged  its banking and wealth management businesses under a new banner, AMP Australia...

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Super sector scrutiny coming soon

14 October 2019

The superannuation sector is set to come under political scrutiny yet again with a series of hearings to be held next month...

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AMP singled out in Choice Shonky Awards

14 October 2019

AMP Superannuation has more “zombie accounts” being eaten away by insurance and fees than any other super fund, Choice says...

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Raising the standards: working group takes off

14 October 2019

The Australian and New Zealand Institute of Insurance and Finance and a working group of life insurers are establishing a framework to help lift professional standards across the life insurance industry...

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Taking control: MetLife and SuperFriend in claims pilot

14 October 2019

MetLife and SuperFriend are trialling a program to help claims managers provide intensified support to customers...

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NZ financial advice disclosure requirements released

14 October 2019

Financial Advice New Zealand has welcomed draft regulations around new disclosure requirements for financial advisers, but says they need fine-tuning...

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MLC Life recruits ex-NSW Treasury director

14 October 2019

MLC Life has appointed Andrea Forbes as Executive Lead – Relationship Management in its group insurance team...

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Integrity launches group insurance for tiny business

14 October 2019

Integrity Life is launching a new combined group insurance product for small to medium businesses...

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