Risk Product, Company and Regulatory Updates as at 11 February 2020

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Risk Product, Company and Regulatory Updates as at 11 February 2020

  • FPA partners with Deakin University, launches pro bono support for bushfires

  • AMP adds insurers to MyNorth platform

  • Algorithms and artificial intelligence collide with ‘bionic’ advice

  • OneVue takes over Madison Financial Group

  • ClearView halts agreed value IP policies

  • New class action launched against AMP over adviser actions

  • ASIC update on financial advice-related misconduct and compensation

  • New class action launched against AMP over adviser actions

  • ASIC update on financial advice-related misconduct and compensation

  • Class action launched against CFS

  • Westpac facing class action over money laundering

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Risk Product, Company and Regulatory Updates as at 3 December 2019

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Risk Product, Company and Regulatory Updates as at 3 December 2019

  • OnePath terminal medical condition feature broadened to policies outside super

  • Aberdeen rolling out ‘bionic’ advice to increase engagement

  • Aviva global restructure

  • CommInsure sentenced for hawking (and new gift voucher campaign)

  • ASIC report on compliance with advice fee disclosure

  • APRA intervention on disability income insurance

  • APRA consulting on proposed revisions to insurance in super

  • Degrees added to FASEA-approved courses list

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