26 February 2024
Resolution Life Australasia must reassess a melanoma patient’s trauma claim after a dispute ruling found that it carried out a “deficient” investigation into whether the man’s illness met terms covered by its policy...
26 February 2024
Slater & Gordon has provided an update on a $100 million class action settlement with Colonial First State in relation to adviser commissions and fees charged to super members...
26 February 2024
ClearView Wealth says it is making a “successful transition” from a diversified financial services company to a pure life insurance business, as demonstrated by its first-half results...
19 February 2024
Shine Lawyers has launched class action proceedings in the Federal Court against Rest Superannuation, alleging the fund wrongfully deducted income protection premiums from members’ accounts...
19 February 2024
The life insurance industry is ripe for an overhaul and offers technology vendors an exciting untapped opportunity, Austbrokers Life MD Ben Donald says...
19 February 2024
A complainant has won her dispute with the company that arranged a reinstated trauma policy after the Australian Financial Complaints Authority ruled she was misled over coverage terms and exclusions for cancer...
19 February 2024
Challenger has recorded stronger first-half results, supported by its core life business...
12 February 2024
Resolution Life is challenging a Federal Court decision rejecting its appeal against an Australian Financial Complaints Authority ruling about a gratuitous payment for a total and permanent disability claim...
12 February 2024
The Australian Financial Complaints Authority has ruled against a complainant whose insurer avoided his policy because he lied about his history of drug use...
12 February 2024
New Zealand financial services laws are in line for a shake-up after Commerce and Consumer Affairs Minister Andrew Bayly unveiled plans to address red tape and duplication of work by regulatory bodies...
12 February 2024
The Save Sorry Business Coalition has welcomed a $97 million financial resolution scheme for policyholders of failed funeral insurer Youpla Group...
12 February 2024
TAL has updated the courses offered on its adviser education platform TAL Risk Academy...
05 February 2024
The Council of Australian Life Insurers supports “strict” rules around the use of genetic test results in insurance underwriting, as Treasury consults on possible changes to the legislative set-up...
05 February 2024
The Actuaries Institute supports introducing legislation to regulate life insurers’ use of genetic testing results, the peak body says in a submission to Treasury...
05 February 2024
The Financial Advice Association Australia has flagged concerns over rising regulatory costs in a pre-budget submission...
05 February 2024
Treasury has begun consultation on proposed law changes that will provide greater flexibility for financial advisers to show they have met the conditions of an approved degree...
05 February 2024
The Australian Securities and Investments Commission is seeking Federal Court orders against former Wealth & Risk Management director Joshua David Fuoco for contempt of court...
05 February 2024
The Federal Court has dismissed Australian Securities and Investments Commission proceedings against Zurich over the insurer’s decision to “avoid” an income protection policy after an insured failed to disclose her history of hospital admissions for mental illness...
05 February 2024
TAL has appointed Westpac executive Georgina Croft as Chief Claims Officer...
05 February 2024
The Financial Advice Association Australia says this will be a “watershed” year for the profession as it sets out its expectations and priorities for the period...