BT extends phone service for trauma claims
30 April 2012
Processing times for trauma insurance claims have been slashed since BT Financial Group began offering a telephone service…
Life Insurance
Life insurers enjoy good results
23 April 2012
The life insurance market grew 10.4% last year, with all major insurers reporting stronger inflows, according to actuaries Plan For Life…
Mental health claims costing billions
23 April 2012
Australian business loses more than $6.5 billion a year by failing to provide early intervention and treatment for employees with mental health conditions, Chartered Secretaries Australia estimates…
AIA revamps retail sales operations
23 April 2012
AIA has increased its retail sales team by 35% as it moves to a new way of supporting advisers and dealerships…
Challenger reports stronger annuity sales
23 April 2012
Challenger has recorded a strong March quarter for sales of its annuity products and predicts it will meet 2012 financial year sales targets…
New online service to compare health insurance
23 April 2012
Insurance comparison website choosi.com.au is to add a health section. The website already offers a comparison on life, funeral and income insurance packages…
AFA moves focus on to FOFA rules
16 April 2012
The Association of Financial Advisers is moving on from opposing the new Future of Financial Advice reforms to concentrate on the regulations being created by the Australian Securities and Investments…
Ripoll reassures advisers on reforms
16 April 2012
The Federal Government has outlined the benefits of its financial advice reforms, reassuring the sector that the advantages outweigh the costs…
Insurers face review after merger proposal
16 April 2012
The proposed merger of AGEST Super and AustralianSuper will initially leave their separate life insurers in place…
Life practices commanding strong prices as demand grows
16 April 2012
Demand for life insurance adviser practices are “unprecedented”, according to Forte Asset Solutions Director Stephen Prenderville…
FSC relaunches LifeWise campaign
16 April 2012
The Financial Services Council has relaunched its LifeWise campaign to encourage more people to take out life insurance cover…
FPA praised for role in FOFA
16 April 2012
The global standards body has praised the Financial Planning Association’s role in securing changes to the Future of Financial Advice reforms…
CommInsure picks up OnePath sales boss
16 April 2012
CommInsure has poached OnePath Head of Insurance Sales Kevin Goss for a similar role…
Advisers drawn to social media sites
16 April 2012
More than 1000 Financial Planning Association members have joined a forum the association has set up on the social media site LinkedIn…
FPA members can become tax agents
02 April 2012
Members of the Financial Planning Association can now be formally recognised under the Tax Agent Services Regulations…
Dealer group dumps insurers
02 April 2012
WHK Group has dropped CommInsure and MLC from its approved list of life insurers…
GPG pleased with Tower and ClearView investments
02 April 2012
Investor Guinness Peat Group sees a bright future ahead for both its Tower and ClearView investments, according to the company’s latest annual report…
Direct life sales ‘still a challenging market’
02 April 2012
Aggregators will not be a long-term distribution model for life insurance, according to NMG Consulting Executive Director Mark Prichard…
Consumers ‘know little about life insurance’
02 April 2012
Consumers are happy with the life insurance cover they have within a super fund, but they don’t know anything about the policy, according to Canstar Head of Wealth Management Stephen Mitchell…
Genome testing a looming issue for insurers
02 April 2012
The expansion of genome testing could make some people uninsurable, according to a Swiss Re expert on life and health research…