TAL introduces wellness program
15 February 2016
TAL has joined the ranks of life insurers with wellness programs, launching its Health Sense: Fit For Life scheme…
Life Insurance
AIA reboots digital presence to enhance customer focus
15 February 2016
AIA Australia has made its website more customer-focused, by allowing access through any mobile device or tablet…
Investments, tax pull down MetLife earnings
08 February 2016
MetLife has reported a 16% slump in operating earnings to $US5.5 billion for last calendar year, driven by lower investment earnings and the tax treatment of its UK subsidiary Metropolitan Life…
NGA snaps up eighth practice in less than a year
08 February 2016
Next Generation Advisory has bought its eighth financial advice practice in less than a year, adding Melbourne-based Empowered Financial Partners for $2.8 million…
Super body concerned about timescale for adviser degrees
08 February 2016
Commonwealth Bank has paid $2 million to clients under its review of poor advice, with a further $900,000 outstanding…
Advisers ‘still have much to learn’ about insurance bonds
08 February 2016
More advisers are recommending insurance bonds to clients, but many still need to learn about the products’ role, according to Austock Life Head of Product and Relationships Richard Atkinson…
TAL chief joins FSC board
08 February 2016
TAL Group CEO Brett Clark has joined the Financial Services Council board…
Advisers ‘want more efficient platforms’
08 February 2016
Financial advisers say efficiency and support are key areas for improvement on platforms, an Investment Trends study shows…
Friendly societies record mixed insurance results
08 February 2016
Noble Oak Life reported a $2.4 million after-tax loss for last financial year, while other friendly societies selling funeral and insurance bonds recorded positive results, according to an Australian Prudential Regulation Authority industry report…
AFA adds to advocacy team
08 February 2016
The Association of Financial Advisers (AFA) has bolstered its advocacy team with the appointment of Troy Nutley as Senior Adviser, Policy and Professionalism…
FPA attacks education transition plan
01 February 2016
The Financial Planning Association has rejected the Federal Government’s proposals for older advisers to transition to new education standards…
TPB proposes privacy code of conduct
01 February 2016
The Tax Practitioners Board has released a draft confidentiality-of-client-information code for tax financial advisers…
Consumers lose out under new education standards: AFA
01 February 2016
Forcing experienced advisers to study for degrees will produce no benefits for consumers, the Association of Financial Advisers warns…
Aviva sues Centrepoint over PIS sale
01 February 2016
The sale of Professional Insurance Services’ Singapore business has come back to haunt Centrepoint Alliance…
Asteron develops flexible commission options
01 February 2016
Asteron Life has introduced new commission options to give advisers greater flexibility…
Life insurers trailing on technology adoption
01 February 2016
The life insurance industry is a laggard when it comes to using technology to generate new business innovations, according to a Swiss Re report…
Life discontinuances on downward trend
01 February 2016
Discontinuance rates in individual lump sum life insurance have continued to fall, dropping to 13.8% in the year to last September 30, according to Dexx&r…
AIA juices up member benefits
01 February 2016
AIA has increased incentive offers to retain customers, including premium discounts and Boost Juice, Rebel Sport and JB Hi-Fi vouchers…
ASIC puts ClearView life adviser under supervision
01 February 2016
A Queensland-based ClearView adviser has been ordered to undergo further training and supervision as part of an Australian Securities and Investments Commission enforceable undertaking…
CommInsure wins Prime group deal
01 February 2016
Prime Super has appointed CommInsure as its group life insurer, effective from May 1…