Congress speakers chosen for their inspiration
02 September 2019
The Financial Planning Association line-up of experts speaking at the FPA Congress in November are intended to inspire delegates to embrace the changes happening in the industry...
Life Insurance
CBA signs sale agreement with AIA over CommInsure
26 August 2019
The Commonwealth Bank of Australia has signed a joint cooperation agreement with insurer AIA to progress the sale of CommInsure Life, at a $150 million discount from its original price...
Super fund and insurer awareness campaign only had limited results
26 August 2019
Thirty-five per cent of super fund members who were aware of legislative changes to insurance in super chose to keep their life insurance, new research shows...
Advised consumers more likely to monitor their insurance
26 August 2019
Significantly higher numbers of people who receive financial advice regularly check that their insurance arrangements still meet their needs, a survey finds...
AIA records strong improvement in new business value
26 August 2019
Strong performance in Australia led to a 17% improvement in new business value in AIA’s other markets in the first half of the year compared to 2018, AIA says...
MetLife wins at ANZIIF awards
26 August 2019
MetLife has been awarded life insurance company of the year at the Australian Insurance Industry Awards...
Universities offer discounts for FPA members
26 August 2019
Members of the Financial Planning Association will be offered discounted course fees on their postgraduate studies after a deal between the body and five higher education providers...
Insurer launches mental health support for advisers
26 August 2019
Insurer TAL is launching a mental health course for financial advisers...
Study finds link between advisers and under-disclosures
19 August 2019
Life insurance sold through the adviser channel has a higher level of under-disclosure than policies bought directly from insurers, new research has found...
Challenger takes hard knocks from financial advice disruption
19 August 2019
Challenger is warning investors it is still struggling with a challenging financial advice environment and it doesn’t expect any improvement in domestic local sales next financial year...
Adviser banned for three years
19 August 2019
Financial adviser Tarandeep Aujla has been banned for three years, with the Australian Securities and Investments Commission saying he failed to act in his clients’ best interests...
Life advice practices MBS and CRA to merge
19 August 2019
Life and business risk planning practices MBS Insurance and Complete Risk Analysis (CRA) are merging to create one of the industry’s largest life advice groups...
MetLife adds value to customer experience
19 August 2019
MetLife has appointed Lina Saliba as Head of Customer Experience...
PPS Mutual makes key changes
19 August 2019
Insurer PPS Mutual is strengthening its relationships with its advice partners with two senior appointments...
AFA names awards finalists
19 August 2019
The Association of Financial Advisers has announced its finalists for Adviser of the Year and the AFA Rising Star awards...
Ethics code: organisations want to monitor compliance
19 August 2019
A consortium of financial planning professional organisations have made a submission to monitor industry compliance with the Code of Ethics published by the Financial Adviser Standards and Ethics Authority..
Zurich nabs Delaney for CEO role
12 August 2019
Zurich has appointed TAL COO Justin Delaney as its new CEO, Life and Investments, replacing Tim Bailey...
AMP reaches revised agreement with Resolution
12 August 2019
Resolution Life will take on the risk for all claims experience and insurance lapse losses from last month until the acquisition of AMP Life is completed, under a salvaged deal with the financial services giant...
CBA life sale aims for end of year
12 August 2019
The Commonwealth Bank’s disposal of its various life insurance businesses and interests is expected to be completed by the end of the year, the bank says...
Advice bodies warn against consequences of new powers
12 August 2019
The Financial Planning Association and the Association of Financial Advisers are warning that the use of the corporate regulator’s new product intervention powers may lead to significantly higher costs for consumers...