APRA demands action on disability income cover
06 May 2019
The product design and pricing decisions behind disability income insurance may be harming the long-term interests of policyholders, the prudential regulator says…
Life Insurance
Consumer groups demand group cover inquiry
06 May 2019
The Financial Rights Legal Centre and the Superannuation Consumers’ Centre want an independent inquiry into universal terms for insurance in super…
AMP wealth management bleeds as Murray defends life sale
06 May 2019
AMP lost $1.8 billion from its wealth management arm last quarter as investors and superannuation fund members continued to dump the troubled group…
Freedom hands off policy admin as Swiss Re steps in
06 May 2019
Freedom Insurance will transfer its policy administration services to Genus Life Insurance…
REST switches to TAL as new insurance partner
06 May 2019
REST Super will switch life insurance providers from AIA Australia to TAL at the end of this year…
Industry inflows rise as TAL tightens grip
06 May 2019
Australian life risk premium inflows grew 2% to $16.3 billion last year, analyst Strategic Insight says…
Industry funds attack ‘watered down’ commission ban
06 May 2019
Industry Super Australia has joined the chorus of superannuation groups criticising draft laws to ban grandfathered trail commissions…
AFA opens award nominations
06 May 2019
Nominations are open for the Association of Financial Advisers awards program, including the categories adviser of the year, practice of the year, rising star, female excellence in advice and excellence in education…
Industry slams grandfathered commissions reform
29 April 2019
Super industry groups have attacked draft laws to ban grandfathered trail commissions, saying they don’t go far enough…
Former Breakaway AR banned for five years
29 April 2019
Queensland-based adviser Gregory Forster has been handed a five-year ban for providing inappropriate advice and failing to act in clients’ best interests…
Challenger sales take hit as advice market struggles
29 April 2019
Life annuity provider Challenger has recorded a drop in sales as fallout from the Hayne royal commission disrupts the financial advice market…
Aon to exit financial advice
29 April 2019
Aon is to sell its financial planning business, adding to the raft of large companies abandoning the sector to independents…
AFA ready to hit the road
29 April 2019
The Association of Financial Advisers will begin its national roadshow in Hobart on May 29…
TAL adds value with digital promotion
29 April 2019
TAL has mounted a digital marketing campaign to lift flagging consumer interest in life insurance…
Policy admin sale clears way for Freedom wind-down
15 April 2019
Freedom Insurance has reached an in-principle agreement to transfer its policy administration business to a third party…
Super funds seek separate claims reform treatment
15 April 2019
The Association of Superannuation Funds of Australia supports proposed claims handling reforms but says the sector should be viewed differently from other insurance providers…
FPA names new conduct tribunal head
15 April 2019
The Financial Planning Association has appointed Dale Boucher as Chairman of its Conduct Review Commission, after Graham McDonald stepped down for family reasons…
Aon appoints reinsurance broking boss
15 April 2019
Aon has appointed Danny Alexander as Head of Life Reinsurance Broking for Australia and New Zealand…
Integrity fills retail BDM roles, enhances product range
15 April 2019
Integrity Life has made a series of distribution appointments and rolled out product improvements in its retail business, which launched last month…
TAL helps advisers with grief management
15 April 2019
TAL’s Risk Academy has introduced a training course to help advisers support grief-stricken clients…