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Showing 141 - 150 of 2141 results for "Life insurance"

ASIC response to Freedom Insurance saga continues

JAMIE WILLIAMSON  |  WEDNESDAY, 17 AUG 2022
... now-defunct insurer to come forward. Freedom Insurance went out of business after ASIC's review of the sale of direct life insurance and subsequent Royal Commission hearings uncovered the then-listed insurer's shocking and harmful sales tactics. In September ...

MLC Life Insurance launches wellbeing service

CASSANDRA BALDINI  |  TUESDAY, 16 AUG 2022
MLC Life Insurance has launched its Vivo health, wellness and recovery service to support its customers wanting to improve wellbeing throughout all life stages. All customers insured by MLC Life Insurance will be supported by Vivo under one brand. It's ...

MSC Trustees adds to board

JAMIE WILLIAMSON  |  MONDAY, 15 AUG 2022
... roles at a range of listed and unlisted trustees. Meanwhile, O'Connell brings more than 30 years' experience across life insurance, financial advice, superannuation and custody. This includes roles with Citigroup, NAB and BNY Mellon. As a result of their ...

Integrity Life picks AGI as group life administrator

CASSANDRA BALDINI  |  MONDAY, 15 AUG 2022
Integrity Life has named Australian Group Insurances (AGI) as its group life insurance administrator. AGI combines a custom-built digital cloud solution and powerful administration technologies with group insurance specialists to deliver a customised ...

NEOS Life appoints sales, culture leads

JAMIE WILLIAMSON  |  WEDNESDAY, 10 AUG 2022
... acquisitions and client services within AMP's group insurance business. "He's passionate about the benefits life insurance provides to families and communities, and is keen to bring that passion to NEOS," the insurer said. Also commenting, Georges ...

What the QAR should focus on: MLC Life

CASSANDRA BALDINI  |  TUESDAY, 9 AUG 2022
MLC Life Insurance has said the Quality of Advice Review (QAR) should focus on how to ensure Australians can access financial advice, regardless of their wealth. Ahead of Michelle Levy's draft report due later this month, MLC Life said it believes ...

FSC analyses super, advice developments

ANDREW MCKEAN  |  MONDAY, 1 AUG 2022
... is met and a review of key terms of advice (personal advice and general advice). Moreover, the retention of the Life Insurance Framework, retention of the Australian Financial Services Licence and support for principles-based regulation were also other ...

TAL completes acquisition of Westpac Life

CASSANDRA BALDINI  |  MONDAY, 1 AUG 2022
TAL Dai-ichi Life Australia Pty Limited has completed its acquisition of Westpac's life insurance arm, almost one year after it was announced. From today all of Westpac's life insurance business and existing policies will transfer over to TAL Group. ...

Claim support a key skill for advisers: Report

CASSANDRA BALDINI  |  THURSDAY, 21 JUL 2022
Financial advisers across Australia now play a greater role in supporting clients through life insurance claims, with almost 80% of advisers saying it's a key part of their offering. TAL commissioned The Value of Financial Advisers at Claim Time to ...

Latest AFCA data shows big shifts in complaints

JAMIE WILLIAMSON  |  WEDNESDAY, 20 JUL 2022
... only received 100 complaints about the same issue in FY21. Interestingly, complaints about the same issue in the life insurance sector also increased significantly. Complaints about interpretation of product terms and conditions rose from 45 to 234 ...