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Life Insurance

Advisers move away from life cover

16 September 2013

Life insurance has become less prominent in financial planners’ business mixes, according to an Investment Trends study…

Practice sales slow before ‘huge transition’

16 September 2013

A predicted exodus of financial advisers from the industry following the Future of Financial Advice reforms has failed to materialise, according to financial services business brokers Connect CEO Paul Tynan…

TAL adds to life market share

09 September 2013

Major institutions continue to dominate the life insurance industry, with TAL aggressively chasing new business, according to the latest figures from research house Dexx&r…

NDIS paper wins ALUCA scholarship

09 September 2013

CommInsure Senior Rehabilitation Consultant Linda Winterbottom has won the Australasian Life Underwriting and Claims Association TurksLegal Scholarship…

ASIC bans Wealthsure MD

02 September 2013

The Australian Securities and Investments Commission has permanently banned Wealthsure MD Darren Pawski from managing any financial services licensee…

SFG result rises on expansion and fee growth

02 September 2013

Financial advisory and insurance group SFG Australia says acquisitions and increased income from insurance and mortgage broking fees have helped improve annual returns…

Consumer groups demand action on funeral cover

26 August 2013

A coalition of 11 consumer and age advocacy groups has called on insurers to provide full disclosure on the cost of funeral cover, introduce capped policies and improve compliance…

Snowball upbeat as Suncorp Life profit drops

26 August 2013

Suncorp Life’s profit slumped from $251 million to $60 million in the year to June 30 as higher discount rates, lower interest income and higher lapse rates took their toll…

Profit drops in life industry

26 August 2013

The life insurance industry recorded net profit of $2.6 billion last financial year, according to the Australian Prudential Regulation Authority…