Category | Services

PJC Told Insurer-Funded Rehab Payments Would Increase Trust

Specialist claims management group, AFRM Claims Advocacy (ACA) has thrown its support behind calls for life insurers to be allowed to fund rehabilitation services, claiming it will improve consumer trust in the sector. (more…)

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0 · June 19, 2018 in Associations, Claims, Compliance & Regulation, Services  

ASIC Begins Court Proceedings Against Westpac Over Poor Advice

ASIC has begun court proceedings against Westpac, alleging that one of its former financial advisers breached best interest duties and provided inappropriate advice. (more…)

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0 · June 15, 2018 in Company News, Compliance & Regulation, Dealer Groups, Services  

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Underwriting Platform Boosts MLC Auto-Acceptance Rates

MLC Life Insurance has claimed that its new digital underwriting platform has trebled the number of customers who have received auto-acceptance on their policy application since launching two months ago. (more…)

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0 · June 15, 2018 in Company News, Products, Services, Technology, Underwriting  

Life Insurer Funded Treatments Would Benefit Thousands

New research has reinforced the call for life insurers to be allowed to fund rehabilitation costs not covered by private health insurance, claiming more than 10,000 people would benefit each year from life insurer funded services and treatments. (more…)

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0 · June 6, 2018 in Associations, Claims, Services  

OnePath Launches New Portal For Group Life Members

ANZ has expanded its OnePath service offering to superannuation fund trustees and members with the launch of new digital tools that allow them to access information about ongoing life insurance claims. (more…)

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0 · June 5, 2018 in Company News, Services, Superannuation  

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AIA Extends Fee Waiver Offer For Second Time

AIA Australia has further extended its ‘Two for Two’ fee waiver offer, which was due to end on 31 May, until the end of August. (more…)

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1 · June 5, 2018 in Company News, Products, Services  

AIA to Retain CommInsure Product Lines

AIA Australia will initially keep open its own product lines as well as those of CommInsure following the completion of the acquisition of the latter, according to AIA Australia Chief Executive, Damien Mu. (more…)

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0 · May 29, 2018 in Company News, Products, Services  
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ASIC to Target Non-Bank Advisers

ASIC is likely to target smaller financial advice groups and individual advisers now that it had a better understanding of the key areas of concerns in the advice process, a financial services legal firm has claimed. (more…)

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4 · May 29, 2018 in Compliance & Regulation, Dealer Groups, Products, Remuneration, Services  
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Mass Exodus of Advisers Predicted

More than 50 per cent of financial advisers are predicted to leave the industry in the next five years driven out by higher educational standards and further regulatory changes, according to Adviser Ratings. (more…)

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3 · May 25, 2018 in Compliance & Regulation, Dealer Groups, Products, Services  

TAL to Provide Mental Health Coaching for Claims Staff

TAL will provide mental health coaching for senior staffers and claims managers as part of its efforts to assist policyholders working through claims related to mental illness. (more…)

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0 · May 22, 2018 in Claims, Services