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APRA, ASIC release life insurance statsBY ELIZABETH MCARTHUR | TUESDAY, 20 OCT 2020 12:05PM
APRA and ASIC have published the latest data on life insurance claims and disputes, demonstrating the difference financial advisers make when it comes to TPD and trauma claims.Read more: TAL, ASIC, APRA, Westpac, Asteron, MLC, OnePath, CommInsure, MoneySmart, AIA, Zurich
AIA Australia's newly launched advice business has named a chief executive to lead its efforts, as the life insurer brings some Commonwealth Financial Planning advisers into the fold.
Yesterday's Standing Committee hearings on financial advice suggested the corporate regulator and industry superannuation funds are the only ones benefiting from increasing costs.
The superannuation startup geared at self-employed workers is looking to raise $1.5 million, as it sets it sights on 60,000 members in five years.
The Australian Financial Complaints Authority (AFCA) has made changes to its procedures to weed out complaints where the consumer didn't really suffer any financial harm.
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