Risk People as at 18 April 2018
/- Head appointed by MetLife
- Sentry Advice award winners
Australian investors more trusting of human advisers
/A CFA survey looked at whether retail investors trust human advice over electronic advice.
Read MoreInquiry calls for ban on life insurance genetic testing results being used in underwriting
/A temporary ban has been placed upon predictive genetic testing when underwriting life insurance policies.
Read MoreRisk People as at 4 April 2018
/- MetLife appoints new head
- ING appoints new head
- AMP makes changes to Wealth Solutions and Customer leadership teams
- AMP CEO announces departure
Risk Product, Company and Regulatory Updates as at 4 April 2018
/- CommInsure to rollout new underwriting engine and IP premium increase
- Fee waiver campaign extended by AIA
- Life Super Quotes Service launched by Riskinfo, RiskinfoNZ launched
New practice management platform flagged by AMP - New super fund addresses Australian account erosion
- Adviser builds new practice
- SMSF admin business sold by OneVue
- CBA to potentially sell Indonesian life business
- Lifecycle default option launched by Industry fund
- TAL to refund funeral insurance customers
PJC doubts self-regulation of the life insurance industry
/The Parliamentary Joint Committee is questioning the risk industry's ability to self-regulate.
Read MoreASIC market integrity report released
/Latest ASIC market integrity report shows their continued efforts to improve the Australian financial markets.
Read MoreRoyal Commission examining financial advice
/The Royal Commission will be investigating the financial advice industry during April.
Read MoreRisk Product, Company and Regulatory Updates as at 20 March 2018
/- Macquarie acquires equities specialist
- Prime Super unveils digital claims process
- Atlas Wealth expands operations
- MLC improves underwriting engine, launches virtual assistant
- Few systematic issues identified in life insurance
- WSU designs finance course to meet new standards
Risk People as at 20 March 2018
/- ClearView appointed state manager and heads
- MetLife appoints two managers
- Aon appoints new directors
- AFCA inaugural chair named
- Chief executive appointed at Decimal
- Finalists for the 2018 Chant West Award announced
- Life company of the year award winners announced
- AILA unveil new awards
- AMP retail sales head departs
Profit-first culture study: tired, incentivised staff make poorer risk decisions
/A study shows the impact workplace culture and norms have on individual compliance.
Read MoreRisk Product, Company and Regulatory Updates as at 6 March 2018
/- Macquarie offers OneCare
- BTFG names expanded APL insurers
- MTAA Super and MetLife from young members premiums
- ANZ applies life insurance code
- QBE sells operations to Zurich
- TAL gender diversity recognised
- CBL liquidators appointed
- CBA lodges response to class action claims and amended AUSTRAC
Risk People as at 6 March 2018
/- AFCA welcomes new chair
- Brookvine appoints product director
- ClearView appoints head
- MLC Life appoints executive
- Commonwealth Bank board appointments and departures
- FPA director steps down
Data breach laws coming into effect
/Businesses need to review their privacy and data security policies to align with new data breach laws.
Read MoreResearch: we need new retirement options
/A National Seniors report suggests a new form a retirement guarantee should be implemented to help Australians accommodate their increasingly longer lives.
Read MoreProductivity Commission: 'general advice' is a misnomer, get rid of it
/The Productivity Commission is calling for a change in advice terminology to encourage better consumer understanding of financial products.
Read MoreRisk Product, Company and Regulatory Updates as at 20 February 2018
/- AustralianSuper cuts premiums
- AMP discounts healthy clients
- AIA pain education program
- ANZ upgrade discount offer
- ClearView flat fee offer
- Melbourne financial businesses fined
- New chair appointed to life code compliance committee
- ClearView refunds poor sales practices
- CBA puts away money for regulatory costs
Risk People as at 20 February 2018
/- Centrepoint announces executive officer
- NAB appoints regional GM
- Fortnum appoints executive
- TAL appointed sales head
- AIA appoints chief
- Chant West founders retire
BNP Paribas completes blockchain technology test
/BNP Paribas has completed testing on blockchain technology for the ASX, with implementation imminent.
Read MoreRoy Morgan survey shows phone sales lead life insurance sales
/A new Roy Morgan survey shows how different groups of Australians rely on remarkably different channels to buy life insurance.
Read More