Life Insurance

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...

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...

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

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

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

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

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...

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

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

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

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