Insurance
Insurance
The Royal Commission allegations against IOOF caused ANZ chief executive, Shayne Elliott, to think twice about the advisability of the big banking group’s sale of its One...
Insurance
CommInsure will refund $12 million for unfair life insurance telephone sales to around 30,000 customers....
Insurance
Five terminal illness claims and two death claims have already been turned away by Hostplus for members unaware of the PYS changes and the fund believes this is just the ...
Insurance
Life insurers need to simplify their products and solve their technological legacy issues to retain and increase new business, according to Integrity Life....
Insurance
Zurich has secured a group insurance mandate from Queensland-based industry super fund Energy Super. ...
Insurance
ASIC has found that 60% of ‘activities of daily living’ claims are declined and AMP, Asteron, and Westpac had decline rates higher than expected....
Insurance
ANZIIF and LIPSWG have agreed to create a professional standards framework for the life insurance industry in a bid to lift confidence and create a significantly better e...
Insurance
Andrea Forbes has been appointed to drive customer retention and engagement for the firm’s group insurance arm....
Insurance
It is unclear what legal ramifications there are for super trustees who misidentify carve out members and the Government needs to create a communication campaign during t...
Insurance
Code subscribers self-reported 43 breaches during 2018-19, compared to 23 in the previous year, according to the Life Code Compliance Committee....
Insurance
The latest data has revealed the group life insurance market is already feeling the impacts of the Government’s legislation making insurance inside superannuation opt-in ...
Insurance
Insurance firms should be prevented from pressuring people to buy products over the phone, according to the Financial Services Council. ...
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 ...