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APRA Releases Final Guidance on Group Risk

In an effort to help address some of the sustainability issues experienced by the group insurance market, the Australian Prudential Regulation Authority has released a new guidance paper.

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0 · October 31, 2014 in Compliance & Regulation, Superannuation  

Winners Named in Direct Insurance Awards

Suncorp has taken out the top prize in the 2014 Plan For Life Direct Insurance Excellence Awards.

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0 · October 28, 2014 in Company News, Products  

BT Claims Consultant Wins Industry Scholarship

This year’s prestigious ALUCA TurksLegal Scholarship has been awarded to BT Financial Group Claims Consultant, Lara Neate, for her essay on the future of Australia’s life insurance industry.

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0 · October 28, 2014 in Associations, Claims, Conferences and Events  

Suncorp Insurance Remediation Complete

One year after agreeing to an independent review of its insurance business operations, the Suncorp Group has completed its remediation program.

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· October 28, 2014 in Company News, Compliance & Regulation  

Latest Appointments

Zurich has made two appointments within its distribution team, MetLife has announced three senior appointments, and software provider AdviserLogic has a new Training Manager and Product Specialist.

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· October 28, 2014 in Appointments, Company News, Technology  

Industry Backs Government Adviser Register

The Government’s new register of financial advisers has been given the thumbs up from industry stakeholders, ahead of its launch in March 2015.

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6 · October 27, 2014 in Compliance & Regulation  

CBA Royal Commission Unnecessary – Government

The Government will not establish a Royal Commission to investigate the advice failings of the Commonwealth Bank, saying enough inquiries have already been carried out.

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0 · October 27, 2014 in Compliance & Regulation, Dealer Groups  

News in Brief

RI Advice Launches Cashflow Solution; AMP Insurance Tracking to Plan; UHG Acquisition

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· October 24, 2014 in Claims, Company News, Dealer Groups, General, Services, Technology, Underwriting  

New Degree Requirement for CBA Licensee Staff

Planners aren’t the only financial advice staff expected to hold a degree under new educational standards announced by the Commonwealth Bank.

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0 · October 24, 2014 in Compliance & Regulation, Dealer Groups, Training  

Advice Critical for Insurance in Super

Comparing premiums for insurance inside super is like a ‘minefield’ according to one research executive, who has urged individuals to seek advice on whether they’re paying too much for cover.

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2 · October 23, 2014 in Products, Services, Superannuation