CBA to review more compensation cases
05 October 2015
A further 1598 cases have been registered with the Commonwealth Bank’s Open Advice Review program…
Life Insurance
BT changes terminal illness conditions
05 October 2015
BT has extended its life expectancy time provision for terminal illness conditions from 12 months to 24 following legislative changes…
Italian group adds Melbourne practice to network
05 October 2015
Italian-owned dealer group AZ Next Generation Advisory has bought its fourth local practice in as many months…
TAL remains top life insurer, as AIA mounts challenge
28 September 2015
TAL has kept its crown as Australia’s biggest life insurer by total annual premium, according to the latest data from Dexx&r…
AMP broadens Horizons in bid to raise education standards
28 September 2015
AMP has introduced more flexible study options and increased practical experience in a revamp of its Horizons education program…
Asteron helps advisers plan for commission changes
28 September 2015
Asteron Life has developed a tool to help advisers model the impact of proposed commission changes on their revenue…
AFA names education award finalists
28 September 2015
State winners in the Association of Financial Advisers excellence in education award have been announced…
ASIC bans life adviser, cracks down on pair
28 September 2015
Former AMP life adviser Lukas Zelka has been banned for three years by the Australian Securities and Investments Commission…
Group life insurers flag premiums concerns
21 September 2015
Premium sustainability remains the biggest issue facing the group life insurance sector, AIA Australia says…
ASIC bans former Meritum adviser
21 September 2015
Former Meritum Financial Group adviser Alfie Chong has been banned for five years…
Digital advice will cut costs, reach more clients: Westpac
21 September 2015
Digital advice may reduce advisers’ compliance costs, Westpac has told a Senate inquiry into financial advice…
Mental illness drives income protection claims
21 September 2015
Mental health issues are the most common cause of income protection claims for middle-aged people, Rice Warner research on group life insurance has found…
AFA names award finalists
21 September 2015
The Association of Financial Advisers and Zurich have announced the finalists for their adviser of the year and practice of the year awards…
TAL and Zurich named as life insurance value leaders
14 September 2015
TAL and Zurich have again been named outstanding-value life insurers in Canstar’s annual review of the industry…
NAB rolls out robo-advice
14 September 2015
NAB will provide “robo-advice” on insurance and superannuation to 40,000 customers…
Greenstone loses CEO to Cash Convertors
14 September 2015
Greenstone Financial Services CEO Mark Reid has left the life, health and funeral insurance distributor to become CEO of Cash Converters…
TAL puts obesity loading on new policies
14 September 2015
TAL is to charge higher premiums for overweight and obese customers, to reflect their greater risks…
MetLife grows retail distribution with YBR deal
14 September 2015
MetLife has expanded its retail life insurance business with a deal to supply the life component in Yellow Brick Road’s new home loan protection products…
AIA works with advisers on industry framework
14 September 2015
AIA will host forums across Australia to help advisers adjust to the Life Insurance Framework…
Client relationships key to avoiding clawback, advisers told
07 September 2015
The proposed life insurance clawback rule should pose no problem if advisers have won clients’ trust, according to the MD of adviser practice Mr Insurance…