Risk Product, Company and Regulatory Updates as at 14 May 2019

Risk Product, Company and Regulatory Updates as at 14 May 2019
  • AIA Australia discounts lump sum policies

  • OnePath announces adviser portal improvements

  • Integrity Life announces product enhancements

  • Asteron Life exiting stage left

  • Life Code Compliance Committee (LCCC): still work to do

  • Australasia Wealth Services and Management licence suspended

  • Westpac paying back over 30 per cent of fees-for-no-service

  • APRA sends letter, demands action from disability income providers

  • FSC says no to civil penalties for voluntary industry code

  • Adviser AFS licences revoked due to dual authorisation with other licensee

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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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