Group life industry urged to learn from mistakes
01 June 2015
The Australian Prudential Regulation Authority wants group life insurers to create portfolios of business that are sustainable in the long term…
Life Insurance
Group life industry makes premium gains
01 June 2015
Group life premium inflow grew 15.1% to $5.6 billion in the year to March 31, according to the latest figures from Plan For Life…
Adviser register adds qualifications
01 June 2015
From today financial advisers must include their training, qualifications and professional association memberships on the financial adviser register…
Planners ‘behind the times’ on practice valuations
01 June 2015
Accounting firms are more proactive on mergers and acquisitions than their financial planning counterparts, Connect Financial Service Brokers CEO Paul Tynan says…
CBA advice review offers $500,000 in compensation
01 June 2015
Commonwealth Bank has offered $562,513 in compensation to its financial advice clients, but only $79,702 has been paid…
AFA hosts roadshows for female advisers
01 June 2015
The Association of Financial Advisers is to run a series of roadshows to promote the fifth female excellence in advice award…
Asteron eyes wholesale remuneration model
25 May 2015
Asteron Life is considering a wholesale product model that will let advisers build in commissions…
Group life bounces back, as income protection slides
25 May 2015
Group life insurance is back in the black, with the industry posting a $284 million pre-tax profit in the year to March 31…
MetLife adds to senior management team
25 May 2015
MetLife Australia has appointed Jeremy Simmons as Head of Operations and Matthew O’Halloran as Head of IT…
FPA urges advisers to fight negative image
25 May 2015
The Financial Planning Association has called on members to lobby their local MPs and promote the good work advisers do…
APRA group life reforms prompt mixed response
25 May 2015
Group life insurers’ responses to increased compliance rules have been varied, according to the Australian Prudential Regulation Authority…
Moody’s paints gloomy picture for life industry
25 May 2015
The Australian life insurance industry continues to face a gloomy outlook, according to a new report from Moody’s…
TAL owner reports direct life surge
18 May 2015
Dai-ichi Life has reported a 31.3% increase in new direct life net premium and a 27% rise in annual net premium for the year to March 31…
NZ life premium maintains growth
18 May 2015
New Zealand’s total annual inforce life insurance premium was $NZ1.9 billion ($1.76 billion) last year, after rising 43% over the past five years…
AFA conference puts focus on peer-to-peer learning
18 May 2015
The theme of this year’s Association of Financial Advisers national conference is “connecting knowledge with performance”…
Italian-backed dealer group buys famous name in financial advice
18 May 2015
Renowned financial advice business Eureka Whittaker Macnaught has been bought by AZ Next Generation Advisory, a subsidiary of Italian fund manager Azimut Group…
Advisers welcome Government’s small business package
18 May 2015
Financial advice practices are expected to take advantage of the Federal Government’s new small business package…
AMP flags further advice changes
11 May 2015
AMP says changing the way its advisers are paid for selling life insurance is only the first step in a reform process…
Online tool helps advisers make case for life cover
11 May 2015
TAL has built an online interactive claims-paid statistics tool to help advisers illustrate the need for life insurance…
NAB Wealth secures life reinsurance deal
11 May 2015
NAB Wealth has reinsured 21% of its inforce retail life insurance book, which will release about $500 million of capital…