Steadfast adds life cover to the mix
22 April 2013
Steadfast has moved into the life insurance market, in a newly branded joint venture with Sydney financial planning business Steadfast Life…
Life Insurance
PIS chief steps down
22 April 2013
Peter Walther, the CEO of Centrepoint Alliance’s financial planning business Professional Investment Services (PIS), has resigned after 18 months with the company…
Stanton to run Western Pacific
22 April 2013
Nathan Stanton has been appointed Head of SFG’s adviser business Western Pacific Financial Group…
Life industry enjoys year of growth
15 April 2013
Life insurance inflows increased 11.7% to $11.5 billion last year, according to the latest Plan For Life data…
Life claims top $4 billion
15 April 2013
Life insurers paid more than $4 billion on claims last year, according to the latest Risk Store report…
Super tribunal sees drop in death disputes
15 April 2013
Death benefit distribution was the second-largest dispute category for the Superannuation Complaints Tribunal in the three months to December…
Death brings consumers to life
15 April 2013
Half of all Australians admit a death in the family would make them consider buying life insurance, according to a survey…
Standards board lets accountants keep commission payments
08 April 2013
Accountants will be allowed to accept commissions, but only with “informed consent” from clients, the Accounting Professional and Ethical Standards Board has ruled…
Critical illness remains underinsured
08 April 2013
Fewer Australians have disability and critical illness protection than hold life cover, according to research by TAL…
Macquarie Life, Budget Direct and MLC win Canstar awards
08 April 2013
Products that speed disability claims, help drivers avoid hail damage and let customers quickly obtain basic personal cover are winners of the Canstar Innovation Excellence Awards…
Clients ‘lacking cover when they need it most’
08 April 2013
Life insurer Asteron has found the age 49 is a “danger year” for clients as it’s the average age Australians are diagnosed with a life‐threatening disease.…
New tool helps AIA cut application time
08 April 2013
AIA Australia says it can now process cleanskin applications within 24 hours…
Brokers face penalties for using ‘financial adviser’ tag
25 March 2013
Individuals who sell general insurance products cannot call themselves financial planners or advisers under the new Corporations Amendment Bill…
Macquarie Life takes inaugural FSC award
25 March 2013
The winners of the inaugural Financial Services Council Life Insurance Awards were announced in Sydney last week…
FPA warns industry of degree requirement
25 March 2013
The Financial Planning Association has launched an advertising campaign reminding planners that from July 1 they must have an approved degree to obtain practitioner membership status…
AFA aims to help women’s careers
25 March 2013
The Association of Financial Advisers has launched a national initiative to support women in the industry…
Use profits to value practices, owners urged
25 March 2013
Practice management consultants Business Health has launched a financial planning practice valuation tool that uses profit multiples…
Top life companies hold on to market share
18 March 2013
The major life insurance groups largely protected their market shares last year, according to a report by Dexx&r…
Staff hold the key to a practice’s success: Fox
18 March 2013
Staffing decisions can seriously affect a practice’s performance and the satisfaction levels of workers and management, a US financial planning dealer group has warned…
Industry speakers set agenda at FSC life conference
18 March 2013
The Financial Services Council Life Insurance Conference on Thursday will address the issues of changing consumer demand and regulation, among others…