Financial Advice Network Boosts its Board
Pro bono Financial Advice Network (PFAN) has appointed Eima Alkheder and Ben Donald to its board.
Donald is a life insurance specialist at Life Advice Partners, with active industry involvement through insurer advisory boards, and the...
APRA Signals Urgent Need for TPD Product Reform
TPD policies are no longer meeting the realities of modern claims experience according to APRA's Jane Magill.
Speaking at the All Actuaries Summit 2026, Magill – the regulator's Executive Director, Life, Private Health Insurance and...
Judge Backs Zurich in TPD Medical Test
A NSW Supreme Court judge has ordered a TPD claimant to undergo a neuropsychological assessment sought by Zurich.
The judge ruled the assessment was likely to produce evidence material to determining whether the claimant was...
Strong Support for Documented Claims Philosophy – Poll
The results of our latest poll appear to reinforce the evolving nature of life insurance advice in Australia - particularly when it comes to claims handling.
As we go to press, a significant majority of...
PPS Mutual Milestone – Are Others Missing an Opportunity?
Australia’s only mutual life insurer says it would welcome new mutual entrants into the local market, arguing greater competition and member-focused models would benefit both advisers and consumers.
In marking 10 years since the soft...
AustralianSuper and TAL Cut Claim Lodgement Times by 80%
One year since TAL launched its digital claims option for AustralianSuper members, data from the insurer shows significant improvements in how quickly and easily members can access support.
During the past 12 months around 35%...
TPD Sustainability Pressures Topic of Industry Debate
Australia’s financial regulators have warned life insurers they must take more decisive action to address mounting sustainability pressures in the TPD insurance market, following a high-level industry round table debate.
Hosted by APRA and ASIC,...
Zurich Clears Hurdle to Acquire ClearView
Zurich has cleared a major regulatory hurdle in its proposed takeover of ClearView Wealth, after the Australian Competition and Consumer Commission (ACCC) approved the deal during phase one of its review.
The ACCC clearance condition...
New CEO for Vital Business Partners
Vital Business Partners (VBP) has appointed former Godfrey Pembroke CEO Mark Fisher to lead the group.
Fisher will join the firm on 1 June replacing Nathan Jacobsen who was appointed Chief Operating Officer of VBP...
CALI Urges Government to Share CSLR Burden
CALI's CEO Christine Cupitt is set to meet with Financial Services Minister Daniel Mulino at a round table discussion later this week at which she will argue for fairer treatment of financial advisers -...