Publicly-listed Raiz has entered an agreement with Swiss Re to move away from the one-size-fits-all approach to insurance inside superannuation....
MetLife has secured the insurance mandate of Tasplan, following a tender process which will see the insurer deliver group life offerings to the fund’s 145,000 members....
AMP Limited has sought to rebut claims made during the Royal Commission that it engaged in misconduct in its deduction of superannuation fund members’ insurance premiums ...
ClearView has told the Royal Commission it has no intention of returning to direct life/risk insurance and will remain focused on the advised market....
Freedom Insurance has suspended direct insurance sales with its managing director, Keith Cohen, leaving the business immediately....
New research has shown that retail insurance cover customers could be “seriously damaging” their wealth through inappropriate indexation of premium costs....
The Financial Services Council has called on financial institutions to improve their response time to incidents, saying that action was urgently needed if they were going...
At least four of AMP’s corporate superannuation clients are in the process of reviewing their arrangements in the wake of successive rounds of hearings before the Royal C...
The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry has canvassed whether institutionally-owned superannuation funds shoul...
Individuals spent an astonishing $29.5 billion on health-related expenses in 2015-16, according to Zurich, and helping clients better understand the risk of illness could...
Life/risk insurers have been placed on notice that the Royal Commission may recommend measures to hold them responsible for psychiatric injury inflicted on clients by cla...
The Royal Commission has heard that Allianz is checking past compliance issues to see if they should have been reported to a regulator, in addition to its approximately 1...
From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...
Super director remuneration ...
No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...