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life/risk
Insurance
As the insurers scramble to navigate increasing mental health concerns, the Australian Psychological Society has called on them to “urgently” address discrimination again...
Insurance
The Federal Government has been urged to drop the minimum age for automatic insurance cover inside superannuation to 21, rather than age 25....
Insurance
The Association of Superannuation Funds of Australia has told the Royal Commission that if the Government wants the insurance inside superannuation code to be mandatory i...
Insurance
Life insurance companies are now under a legal obligation to provide consistent data on claims and disputes to the Australian Prudential Regulation Authority and the Aust...
Insurance
The Joint Parliamentary Committee on Corporations and Financial Services has rebuffed an FSC proposal to allow life/risk insurers to participate in getting injured worker...
Insurance
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....
Insurance
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 ...
Insurance
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....
Insurance
Freedom Insurance has suspended direct insurance sales with its managing director, Keith Cohen, leaving the business immediately....
Insurance
New research has shown that retail insurance cover customers could be “seriously damaging” their wealth through inappropriate indexation of premium costs....
Insurance
The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry has canvassed whether institutionally-owned superannuation funds shoul...
Insurance
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...
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 ...