Risk Product, Company and Regulatory Updates as at 11 June 2019

Risk Product, Company and Regulatory Updates as at 11 June 2019
  • TAL launches Health Sense Plus

  • ClearView publishes research paper on commissions

  • Zurich is now the proud owner of OnePath Life

  • Spectrum Wealth Advisers closes its doors early

  • OnePath educates staff in mental health

  • FPA launches free health and wellbeing program for advisers

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Risk Product, Company and Regulatory Updates as at 19 February 2019

  • Clearview updates LifeSolutions pricing

  • MLC MySuper goes from single strategy to lifestage

  • Delays for MLC sale

  • Westpac looking at selling in-house planners

  • Fourth report on four major banks released

  • FASEA adjusts adviser exam

  • Freedom Insurance Group suspends trading

  • ASIC appeals Federal Court decision on Westpac breaches

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Risk Product, Company and Regulatory Updates as at 20 November 2018

  • ANZ releases new underwriting engine

  • TAL product updates

  • Zurich and Oxford join income protection study

  • ClearView launches LaVista Licensee Solutions

  • ASIC now able to hire outside the box

  • FSC issues revised code draft

  • FASEA still working on details of education standards framework

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Risk Product, Company and Regulatory Updates as at 6 November 2018

  • Tasplan appoints MetLife as group insurer

  • AMP risk business closed after sale

  • New life insurance reporting standards launched

  • ClearView upgrades LifeSolutions

  • Asteron Life product update

  • TAL Accelerated Protection upgrades

  • MLC offering 10 per cent premium discounts via digital underwriting platform

  • ASIC inviting consultation on proposed licensee competence requirements

  • AFA and FPA apply for Code Monitoring job

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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
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Risk 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
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Risk Product, Company and Regulatory Updates as at 10 July 2017

  • Easton to acquire advice group
  • AIA launches health website
  • Fortnum partnering with fintech company
  • Optimo launches automated advice platform
  • MLC partners on underwriting solution
  • FSC finalised trauma definition
  • ASIC further clarifies use of 'independent'
  • Call for commission ban
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Risk Product, Company and Regulatory Updates as at 24 January 2017

  • New app for clients to see snapshot of financial position
  • ClearView and Sony Life sign agreement
  • CommInsure wins NFS mandate, loses TWUSuper
  • Bridges acquires Heritage Bank advice firm
  • Omnium and YTML sign technology partnership deal
  • CPA introduces new financial planning subjects
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Risk Product, Company and Regulatory Updates as at 21 September 2016

  • AMP enhances Elevate Online
  • Macquarie maintains premiums after Zurich move
  • ClearView increases IP premiums
  • MBS Insurance joins forces with Pitcher Partners Sydney
  • Allegianz AFSL cancelled
  • Life insurance parliamentary review
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