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APRA Reports Growth in Life Insurance Profit

The life insurance industry recorded a net profit of $3 billion for the year ending March 2013, according to the latest statistics from the Australian Prudential and Regulatory Authority (APRA)

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Comments are closed · May 22, 2013 in Company News, Compliance & Regulation, General  

Advisers Agree Insurance Is Too Expensive

Life insurance is too expensive, but it does depend on the type of product; according to the majority of readers responding to our latest poll.

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Comments { 5 } · May 21, 2013 in General, Polls  

News in Brief

TAL Reports Profit Growth; Former Insurance Broker Sentenced; Rubik Continues Expansion

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Comments are closed · May 21, 2013 in Company News, Compliance & Regulation, General, Technology  

Affluent Clients Active on Social Media

Social media is one of the most cost effective and direct ways for advisers to target high net worth individuals, according to one marketing expert.

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Comments { 0 } · May 21, 2013 in General, Technology  

BT Insurance Upgrade Focuses on Super Solutions

BT Financial Group has released a series of enhancements to its insurance offer, effective from 20 May.

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Comments are closed · May 21, 2013 in Products, Remuneration, Technology  

Dealer Group Appointments

Affinia and Suncorp Advice have both announced key appointments this week.

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Comments are closed · May 21, 2013 in Appointments, Dealer Groups  

$4 Million Terminal Illness Claim Appeal Fails

An appeal against an insurance company which declined to pay out a $4 million terminal illness claim has been dismissed by the South Australian Supreme Court, because the client survived for over 12 months.

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Comments are closed · May 21, 2013 in Claims, Compliance & Regulation  

AMP Upgrades Insurance Offers

AMP has made a series of enhancements to both the Elevate and Financial Lifestyle Protection (FLP) product suites, which take effect today.

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Comments are closed · May 20, 2013 in Conferences and Events, Products, Underwriting  

New Risk-Specialist Boutique Licensee Launched

Another risk-specialist licensee has entered the market, in response to what its creator calls an increasing demand for targeted insurance advice support services.

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Comments are closed · May 20, 2013 in Dealer Groups  

PJC Recommends Enshrinement of ‘Financial Planner/Adviser’

The legal enshrinement of the terms ‘financial planner’ and ‘financial adviser’ looks set to proceed, following a recommendation tabled in Parliament.

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Comments { 0 } · May 16, 2013 in Associations, Compliance & Regulation