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 18 April 2018

  • TAL offers life coaching for those with mental illness

  • CommInsure enhances digital underwriting

  • Adviser education course launched by Asteron

  • AIA pushes for insurers to fund mental health treatment

  • MLC launched new underwriting engine

  • Predictive underwriting offered to tradies by ANZ

  • Commonwealth partners with Bravura

  • CBA enters into undertaking

  • Trustee Partners acquires advice group

  • AMP admits serious misconducts

  • AMP admits serious misconduct, misleading ASIC

  • CBA and subsidiaries enter into EU with ASIC

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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
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Fund Product, Company and Regulatory Updates as at 27 March 2018

  • CommInsure launches super funds digital claims

  • Evolutionary science inspires new managed investment fund

  • Zurich retains OnePath brand and hires specialist

  • New boutique launched by LSL

  • Former Hunter Hall portfolio manager launches new business

  • Asset managers urged to adopt code of conduct

  • Fidante partners with Latigo Partners

  • ASIC extends superannuation and retirement calculator transition period

  • ASIC suspends Red Summit AFS licence

  • Storm Financial directors penalised

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Fund Company, Product and Regulatory Updates as at 16 January 2018

  • New ETF supporting workplace gender equality
  • AustralianSuper removes insurance from product offering
  • MTAA Super cuts life premiums and renews insurer
  • Japanese broker enters Australian market
  • CommInsure pays after concerns over misleading advertising
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Risk Product, Company and Regulatory Updates as at 21 October 2017

  • CommInsure starts new annuity strategy
  • MLC Life adjusts health and wellbeing program
  • ANZ Wealth continuing to invest in insurance
  • New claims advocacy service launched by AFRM
  • Charitable option launched by AIA Vitality
  • BTFG reorganises advice business
  • Westpac faces Class Action over premiums
  • ASIC enforceable undertaking from Sentinel
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Risk Product, Company and Regulatory Updates as at 4 September 2017

  • CommInsure new platinum IP option
  • AMP confirms closure of range
  • AustralianSuper under-25’s default cover dropped
  • Advisers provided with cancer education by TAL
  • Influential advice business bought buy Infocus
  • AIA to buy CommInsure
  • AMP launches resource hub
  • TAL offers policy fee waiver
  • Digital claims tracker launched by MetLife
  • WTW start-up chatbot launched
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Risk Product, Company and Regulatory Updates as at 22 August 2017

  • HUB24 white label expansion

  • CBA looking to divest CommInsure

  • Suncorp considers Asteron partnership

  • TAL definition backdated

  • AMP reinsurance agreement

  • New ethical advice certification available

  • ICA denies undermining crackdown on corporate misbehaviour

  • ANZ pays further compensation

  • CBA to refund credit insurance

  • AFA election bylaws changed

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Risk Product, Company and Regulatory Updates as at 26 April 2017

  • CommInsure Total Care Plan Super product update
  • Asteron Life introducing discounts
  • Zurich launches new adviser app
  • New 'buy my clients' marketplace launched
  • Investment consortium buys majority stake in Focus Financial network
  • Parliamentary Committee says misconduct should be published
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Risk Product, Company and Regulatory Updates as at 4 April 2017

  • Elders adds another practice
  • Franklin Templeton launches global online adviser training portal
  • Evari: New digital insurance platform for SMEs
  • Rebate Financial Services and Capstone Capital AFSL cancelled
  • ASIC: CommInsure investigation results out
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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 4 October 2016

  • Specific wording changes to Macquarie Life's products inside Zurich
  • Combined powers: new financial advisory Evans Dixon
  • NGS Super migrates to TAL, terminating CommInsure
  • LIF reforms to be delayed until 2018
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