The two entities have decided not to combine after reaching an impasse with the US Department of Justice. ...

Life insurance and group insurance inside superannuation will be exempt from the Government’s deferred sales model....

The Association of Superannuation Funds of Australia, Australian Institute of Superannuation Trustees and the Financial Services Council have updated the code, but it has...

The life insurer will consider repaying the $2.4 million it received in JobKeeper payments to keep staff members as its profits did not fall last calendar year after bein...

Total in-force group risk premiums increased by 2.9% to $6.6 billion over the 12 months to March 2021, according to data. ...

A Treasury review into exclusions in superannuation insurance could leave new workers in hazardous industry at risk if they are stapled to their previous insurance, accor...

Premium increases for individual disability income insurance have been needed to improve the sustainability of that type of insurance, according to the prudential regulat...

Agreed value individual disability income insurance contributed to significant sustainability issues in the life insurance market and insurers need to design flexible pro...

From 1 July, a non-arm’s length capital gain made by a segregated current pension asset will be treated as non-arm’s length income and will be taxed at the highest margin...

There is a risk of an increase of fees and comprising the independence of proxy advisers if reforms go ahead, according to Dimensional Fund Advisers. ...

Exposure draft legislation to facilitate the identification of super assets in family law proceedings via information from the tax office has been released for consultati...