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Showing 861 - 870 of 2306 results for "Life Insurance"

Direct life insurance failing consumers: ASIC

KARREN VERGARA  |  THURSDAY, 30 AUG 2018
A comprehensive ASIC review of direct life insurance found sales practices and products that offer little to no value are leading to poor consumer outcomes. The practises of 11 life insurance providers selling direct-to-customers were examined and included ...

BT overhauls life cover limits and definitions

JAMIE WILLIAMSON  |  WEDNESDAY, 29 AUG 2018
... announced a raft of enhancements to its Protection Plans products, including updated medical definitions and increased life insurance cover for farmers and homemakers. Previously capped at $3 million, farmers will now be able to access up to $5 million ...

More risk advisers offloading practices

KARREN VERGARA  |  WEDNESDAY, 29 AUG 2018
Pressures of the Royal Commission, the Life Insurance Framework and educational reforms are prompting risk advisers to hurriedly sell their practices at discount prices, a merger and acquisitions expert says. Radar Results principal John Birt said there ...

TAL waives life premiums for drought-stricken farmers

KANIKA SOOD  |  TUESDAY, 28 AUG 2018
... Brett Clark said the support will ensure that farmers in drought-affected areas and their families can maintain the life insurance cover they need and provide some financial relief during this difficult time. "We understand that in these challenging ...

MetLife partners with industry fund for digital tool

HARRISON WORLEY  |  TUESDAY, 28 AUG 2018
MetLife Australia partnered with an $8 billion industry superannuation fund to launch its digital life insurance tool designed to speed up claims tracking and lodgment for fund members. Statewide Super partnered with MetLife to launch the new digital ...

Life insurers take the Royal Commission stand

HARRISON WORLEY  |  TUESDAY, 28 AUG 2018
... According to the Commission, the sixth round of hearings will consider issues associated with the sale and design of life insurance products, in addition to the handling of claims under life insurance and general insurance policies. The administration ...

Life insurance sector strengthens

KARREN VERGARA  |  FRIDAY, 24 AUG 2018
The life insurance industry turned in a solid FY18, latest APRA statistics show. In the year to 30 June 2018, life insurers' total revenue stood at $37.6 billion, up 11.5% higher than the previous corresponding period. This was driven by net policy ...

ClearView results up despite adviser earnings drop

HARRISON WORLEY  |  FRIDAY, 24 AUG 2018
... financial services firm ClearView increased underlying net profit after tax (NPAT) in its wealth management and life insurance arms during FY18, however financial advice earnings dropped. Releasing its FY18 results yesterday, ClearView said advice arm ...

Foreign owners take over life insurance: KPMG

KARREN VERGARA  |  TUESDAY, 21 AUG 2018
Foreign companies continue to gain the lion's share of Australia's life insurance industry, with the recent sale of CommInsure and OnePath set to boost foreign ownership from less than half to 66%, KPMG research shows. According to the Life ...

TAL appoints customer operations lead

KANIKA SOOD  |  WEDNESDAY, 15 AUG 2018
... Matt Paterson. He has 15 years' experience in financial services, with a strong focus on wealth management and life insurance. In his most recent role, he was a principal at customer experience company Limebridge Australia. He has also spent 12 years ...