Academics, industry investigate longevity bonds
25 July 2016
New research on the risks associated with longevity bonds could prompt their return to investment markets following a failed attempt a few years ago…
Life Insurance
FSC calls for fast action on life reforms
25 July 2016
The Financial Services Council has urged the Federal Government to pass its Life Insurance Framework legislation as quickly as possible…
NAB reorganises wealth business
25 July 2016
With the sale of MLC’s life insurance business to Nippon Life nearing completion, NAB has merged the remaining wealth management operation with its consumer banking division…
Practices ‘should double up’ to keep clients
25 July 2016
Principals should aim to build long-term relationships with clients through their practices, rather than individual advisers, Kearney Group CEO Paul Kearney says…
FPA promotional drive connects with consumers
25 July 2016
The Financial Planning Association’s national campaign to promote quality advice is estimated to have reached 6 million consumers, resulting in 41,000 clicks online…
Life ad campaign aims to restore trust
25 July 2016
TAL has announced a major branding drive, with national TV advertising based on the slogan “This Australian life”…
TAL dominates direct life market
25 July 2016
TAL remains the leader in the direct life insurance individual lump sum market, with inforce premium of $307.6 million last year, according to a new Plan For Life report…
FPA adds to lobbying personnel
25 July 2016
The Financial Planning Association has enhanced its lobbying power with two new appointments…
Simple changes can reinvigorate disability cover: RGA
18 July 2016
RGA Australia has questioned the disability income insurance sector’s sustainability amid rising claims that are not offset by increasing premiums…
NZ proposes sweeping changes to adviser regulations
18 July 2016
The New Zealand Government will change its financial advice regulations to allow robo-advice…
Researchers warn of spike in hepatitis deaths
18 July 2016
There was a 63% increase in global viral hepatitis deaths in the 23 years to 2013, according to a new study…
Banks make progress on commission reform
18 July 2016
Rules governing the payment of sales commissions and incentives by banks are expected to be in place by March next year, according the Australian Bankers’ Association…
Synchron veteran retires
18 July 2016
Synchron’s long-serving Queensland State Manager Gerry Porter has retired, and will be replaced by Gee Vas…
Brexit poses problems for European industry
18 July 2016
The UK’s move to leave the EU will hit European life insurers, rating agencies have warned…
Education key to reducing diabetes amputations
18 July 2016
Rises in the number of amputations performed due to diabetes are avoidable if awareness of the illness is improved, according to Diabetes Australia CEO Greg Johnson…
AIA opens admin portal for advisers
18 July 2016
AIA Australia has set up a web-based self-service portal, allowing financial advisers to take more control when managing client account details…
Managers move to new owner Zurich
18 July 2016
With the sale of Macquarie Life to Zurich Life due to be completed later this year, two managers from the former have already moved to the new owner…
Asteron chief moves to Fidelity in NZ
18 July 2016
Fidelity Life has appointed Nadine Tereora as CEO, replacing Milton Jennings, who stepped down earlier this year…
Policy count paints worrying picture for life industry
11 July 2016
While life insurance revenue is growing, new data obtained exclusively by insuranceNEWS.com.au shows the market’s policy count has remained static for the past eight years…
Advisers want choice on platforms, study shows
11 July 2016
Many advisers still want multiple life insurers on platforms, according to the latest Investment Trends adviser technology report…