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October 17, 2016

Direct insurance under the pump as review finds higher denial rates

October 17, 2016/ Jessica Lloyd

Claims denials for direct policies were as high as retail and group policies put together. 

Read More
October 17, 2016/ Jessica Lloyd/
Insurance News
ASIC, APRA, direct insurance
October 17, 2016

ASIC's review of life insurance claims

October 17, 2016/ Jessica Lloyd

ASIC has released its review into the claims processes of the Australian life insurance industry. 

Read More
October 17, 2016/ Jessica Lloyd/
Insurance News
APRA, ASIC
October 17, 2016

Launch of standard trauma definitions

October 17, 2016/ Jessica Lloyd

The FSC has laid out its proposed standard trauma definitions for cancer, severe heart attack, and stroke. 

Read More
October 17, 2016/ Jessica Lloyd/
Insurance News
FSC, Trauma
October 17, 2016

AFA: members vote for LIF

October 17, 2016/ Jessica Lloyd

After the AFA's EGM, the vote to remain in support of LIF reforms was laid. 

Read More
October 17, 2016/ Jessica Lloyd/
Insurance News
LIF, AFA
October 17, 2016

Risk People as at 18 October 2016

October 17, 2016/ Jessica Lloyd
  • New AFA life insurance sub-committee set up, taking nominations
  • CBA appoints new chair
  • AFA awards
Read More
October 17, 2016/ Jessica Lloyd/
Insurance News
AFA, CBA
October 17, 2016

Risk Product, Company, and Regulatory Updates as at 18 October 2016

October 17, 2016/ Jessica Lloyd
  • TAL offering recipes, healthy lifestyle info
  • AMP launches new advice practice
  • NAB and Nippon Life close deal
Read More
October 17, 2016/ Jessica Lloyd/
Insurance News
TAL, AMP, AMP Advice, NAB, Nippon Life, MLC
October 10, 2016

Domestic violence contributes to poor financial wellness and low super

October 10, 2016/ Jessica Lloyd

Women in Super has launched its domestic violence charter. 

Read More
October 10, 2016/ Jessica Lloyd/
Funds News, Insurance News
Women in Super
October 10, 2016

Trust in banks low, new options exciting

October 10, 2016/ Jessica Lloyd

Consumers are getting excited about finally having some viable alternatives to traditional banking, which has held the market hostage for far too long. 

Read More
October 10, 2016/ Jessica Lloyd/
Funds News, Insurance News
EY Bank
October 04, 2016

FPA working with unis to provide better financial advisory education

October 04, 2016/ Jessica Lloyd

The three states that don't currently provide financial planning courses or education at university level are now in talks to solve the issue. 

Read More
October 04, 2016/ Jessica Lloyd/
Insurance News, Funds News
FPA, FPEC, Universities
October 04, 2016

Taking issue with insurance within super - how it's not working as well as it might

October 04, 2016/ Jessica Lloyd

We take a quick look at what some are saying about how insurance within super should change. 

Read More
October 04, 2016/ Jessica Lloyd/
Insurance News, Funds News
Productivity Commission, Government, Rice Warner, Choice
October 03, 2016

Risk Product, Company, and Regulatory Updates as at 4 October 2016

October 03, 2016/ Jessica Lloyd
  • 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
Read More
October 03, 2016/ Jessica Lloyd/
Insurance News
Zurich, Macquarie Life, Evans Dixon, Evans & Partners, Dixon Advisory, NGS Super, TAL, CommInsure, LIF
October 03, 2016

Risk People as at 4 October 2016

October 03, 2016/ Jessica Lloyd
  • Zurich's new distribution team
  • TAL Business Partnership Program award goes to AFRM
  • AFA Rising Star finalists
  • Former LUA president passes away at age 85
Read More
October 03, 2016/ Jessica Lloyd/
Insurance News
Zurich, TAL, LUA
September 23, 2016

Who is looking to buy insurance (and who is not)

September 23, 2016/ Jessica Lloyd

Recent data from over 10,000 internet site searches reveal who is looking for insurance cover, which type of cover they want, and how much of it they seek. 

Read More
September 23, 2016/ Jessica Lloyd/
Insurance News
CANSTAR, MLC Insurance, Zurich, ClearView, OnePath, AIA Australia, TAL
September 23, 2016

The corporate psychopath - how many do you have leading your company?

September 23, 2016/ Jessica Lloyd

Since the GFC, the term 'successful psychopath' has entered the mainstream. Recent research has revealed that there are as many diagnosable psychopaths in the corporate world as there are in prison. 

Read More
September 23, 2016/ Jessica Lloyd/
Insurance News, Funds News
Nathan Brooks, Successful psychopath
September 23, 2016

Risk People as at 21 September 2016

September 23, 2016/ Jessica Lloyd
  • AFA appoints new president and vice president
  • AFA 2016 adviser and practice awards
  • AFA and TAL Female Excellence in Advice Awards
Read More
September 23, 2016/ Jessica Lloyd/
Insurance News
AFA, TAL, Female Excellence in Advice Award, Adviser of the Year Award, Practice of the Year Award
September 23, 2016

Risk Product, Company and Regulatory Updates as at 21 September 2016

September 23, 2016/ Jessica Lloyd
  • 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
Read More
September 23, 2016/ Jessica Lloyd/
Insurance News
AMP, Macquarie, ClearView, MBS Insurance, Pitcher Partners, Allegianz, Govern
September 13, 2016

Got something to say about FOS? Review under way, comments open

September 13, 2016/ Jessica Lloyd

The FOS has opened up its email inbox to comments as it undergoes dispute resolution review, along with two related organisations. 

Read More
September 13, 2016/ Jessica Lloyd/
Funds News, Insurance News
FOS, Superannuation Complaints Tribunal, Credit and Investments Ombudsman
September 05, 2016

New 'simple' trauma cover launched in UK

September 05, 2016/ Jessica Lloyd

New insurance products that favour the younger, poorer, less interested customer are emerging, like this new top-three-medical-conditions-only product from the UK. 

Read More
September 05, 2016/ Jessica Lloyd/
Insurance News
AIG, AMP
September 05, 2016

No royal commission into life insurance and financial services

September 05, 2016/ Jessica Lloyd

Bill Shorten wants a royal commission into the financial services industry, saying that not enough is being done and the 'rip-offs' continue. 

Read More
September 05, 2016/ Jessica Lloyd/
Insurance News, Funds News
Government
September 05, 2016

Post-divorce financial suffering: Swiss women winning, Korean women not so much

September 05, 2016/ Jessica Lloyd

An interesting study has looked at why there were such vast differences in the financially negative impacts of a divorce on women from six OECD countries. 

Read More
September 05, 2016/ Jessica Lloyd/
Insurance News
Divorce, Government
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