Former AFA chief takes over in NZ
14 November 2016
Four years after leaving the Association of Financial Advisers, Richard Klipin has become CEO of another industry association – this time in New Zealand…
Life Insurance
MLC signs up five execs for push into group life
14 November 2016
MLC Life Insurance has flagged an increased presence in the group market, making five senior appointments to its team – including three from TAL’s group life operation…
FPA backs life commission regulations
14 November 2016
The Financial Planning Association has welcomed the revised Life Insurance Framework regulations on remuneration…
CommInsure rejects ‘poor behaviour’ accusations
14 November 2016
CommInsure says it has found no evidence of poor behaviour in the business following an independent review commissioned by parent Commonwealth Bank’s board…
Challenger to provide white-label annuities for Suncorp
14 November 2016
Challenger has added to its annuity distribution channels, signing a white-label deal with Suncorp…
AIA upgrades electronic claims
14 November 2016
AIA Australia is upgrading its eClaims service to improve the way employers help their workers make life claims…
FPA reveals award finalists
14 November 2016
The Financial Planning Association has announced the finalists in all six categories for its annual awards…
Life insurers want standard definitions, Gen Re says
07 November 2016
About 69% of the respondents to a Gen Re survey want minimum standard definitions in life insurance…
ANZ to sell OnePath life business
07 November 2016
ANZ has flagged the sale of its OnePath life insurance business, although it will continue distributing products from the division…
Humans still have edge over robots, advisers say
07 November 2016
Robo-advice is not ready to replace human-delivered financial planning, according to a global survey of advisers…
Claims, lapses offset BT Life premium gains
07 November 2016
BT Life says inforce premium grew 9% to $973 million in the year to September 30…
Super funds urged to raise game on income protection
07 November 2016
Superannuation funds must better segment their memberships to provide tailored income protection cover, according to Rice Warner…
AZ NGA continues along acquisition trail
07 November 2016
AZ Next Generation Advisory has bought its 13th financial advice practice – a former Financial Wisdom business in Perth…
Workplace health schemes misdirected, MetLife says
07 November 2016
Australian workers place more importance on depression and stress concerns than their employers, according to a workplace study by MetLife…
Nation’s life expectancy climbs again
07 November 2016
Life expectancy has reached new highs, according to the latest Australian Bureau of Statistics estimates…
ASIC bans Affinia adviser over life sales
07 November 2016
A former Affinia life insurance adviser has been banned for five years by the Australian Securities and Investments Commission…
Super industry bodies join forces on group life
07 November 2016
A number of superannuation industry organisations have formed a working group to examine group life insurance…
Group life premiums a growing source of discontent
07 November 2016
Complaints about group life insurance premiums have risen steadily over the past five years, according to the Superannuation Complaints Tribunal…
Life insurers ‘slow to meet’ consumers’ changing needs
07 November 2016
Generations X and Y want simple, transparent pricing and quick delivery of life insurance products, according to economist Michael Naylor…
Retiring advisers losing value in practice ‘fire sales’
31 October 2016
Advisers who have not made succession plans are putting their practices on the market hoping for big profits but ending up with fire sales, a business broker has warned…