Super members ‘want health and general insurance’
18 March 2013
Health and general insurance are the second and third-most popular products among super fund members, according to new research by CoreData…
Life Insurance
Young advisers urged to think for themselves
18 March 2013
Synchron is running a series of national workshops encouraging young advisers to consider the issues affecting their profession…
Retirees favour SMSFs for retirement solutions
11 March 2013
Consumers are unsure which type of super will offer the best retirement solutions, including life insurance options, according to new research from CoreData…
Partnership disputes expected to rise
11 March 2013
The number of partnerships that will end in an acrimonious dispute will increase in 2013, a Melbourne-based consultant has warned…
TAL named AFA’s life company of the year
11 March 2013
TAL has been named as the Association of Financial Advisers' life company of the year.
Guardian plans to give young advisers a helping hand
11 March 2013
A financial planning dealer group has come up with a solution to help younger advisers buy well-established practices…
Rantall signs on for another term at FPA
11 March 2013
The Financial Planning Association has confirmed Mark Rantall is staying on as CEO for the next few years…
Associations back code guidelines
04 March 2013
The Association of Financial Advisers and the Financial Planning Association have welcomed the Australian Securities and Investments Commission’s new guidelines on the approval of codes of conduct…
Life insurers report strong year
04 March 2013
Inflows to the individual lump sum life insurance market grew to $5.5 billion in 2012, up 10.4% from $5 billion the previous year, according to research house Plan For Life…
Losses push up PI rates
04 March 2013
Insurers are taking a cautious approach to writing professional indemnity cover for financial planners, citing concerns about an increase in disputes and litigation…
AIA profit jumps, but strong Australian growth offset by claims
04 March 2013
Hong Kong-based AIA Group has reported an 89% increase in profit to $US3.02 billion ($2.93 billion) for the year to November 30, and says its Australian business performed strongly…
New CFO joins Suncorp Life
04 March 2013
Jeremy Robson will join Suncorp Life as CFO from March 18, replacing John O’Farrell, who will move to the commercial insurance arm…
Life insurers raise revenue as profits remain flat
25 February 2013
Net policy revenue for retail life insurance products in the last calendar year was $6.6 billion, up from $6 billion in 2011, according to the Australian Prudential Regulation Authority…
AMP profit edges up, but life lapse rates rise
25 February 2013
AMP’s net profit increased 2.3% to $704 million in the year to December 31, thanks to strong earnings growth in wealth management and disciplined cost control…
Suncorp suffers life lapses
25 February 2013
Suncorp has blamed lower life insurance profits on lapses due to tough economic conditions – a problem it says affects the entire industry…
Centric expands Canberra office
25 February 2013
Centric Wealth has added to its Canberra presence with the appointment of Sean Ryan to the ACT team as a wealth adviser…
Critics welcome demise of FSC’s churn policy
18 February 2013
The Financial Services Council has abandoned its policy on “churning” of policies after encountering considerable opposition from the life insurance industry…
Advisers can’t get enough of Macquarie Life
18 February 2013
Macquarie Life has come up trumps in the latest Beaton Benchmarks Life Insurance Intermediaries Study, which measures advisers’ satisfaction with insurer performance…
Clearview hit by negative claims experience
18 February 2013
Clearview lost $600,000 for the December half compared to a profit of $12.2 million for the corresponding period a year earlier…
Working together to handle mental health claims
18 February 2013
Collaborating with medical practitioners is the key to successful outcomes for mental health claims, says Macquarie Life Head of Underwriting and Claims Sally Phillips…