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Showing 1 - 10 of 100+ results for "Life insurance"

AMP wants life insurance caps raised, fees lowered

CASSANDRA BALDINI  |  MONDAY, 27 JUN 2022
AMP has called for the federal government to review life insurance model fees and caps placed on financial advisers, warning the current climate will lead to an underinsured population. The wealth manager picked at old wounds in its submission to the ...

Life Code update expands consumer protections

JAMIE WILLIAMSON  |  WEDNESDAY, 22 JUN 2022
The latest iteration of the Life Insurance Code of Practice features more than 50 new consumer protections, including a ban on blanket mental health exclusions and greater limits on surveillance. The updated Code follows consultation with industry ...

Insurers to get new advocacy body

JAMIE WILLIAMSON  |  WEDNESDAY, 22 JUN 2022
Australia's life insurance industry will soon have a new peak body, the Council of Australian Life Insurers (CALI). Expected to launch later this year, CALI is the brainchild of a collective of life insurers who believe it is now time for the sector ...

MLC Life chief executive to depart

JAMIE WILLIAMSON  |  FRIDAY, 17 JUN 2022
... business and has overseen our return to profitability. He is a strong leader with a clear vision for the future of MLC Life Insurance as we face the challenges of a fast-changing life insurance sector and ever evolving customer needs." He also thanked ...

No more changes to risk commissions: ClearView

JAMIE WILLIAMSON  |  TUESDAY, 7 JUN 2022
... About 67% of financial advisers say they'd stop offering standalone risk advice if there are further changes to life insurance commissions. That's according to a survey conducted by ClearView, which found a further 20% are unsure if they'd continue providing ...

Risk inflows hit $17.6bn last year: Analysis

JAMIE WILLIAMSON  |  MONDAY, 16 MAY 2022
... 5.5% in 2021, with MetLife, NobleOak and QInsure seeing the greatest growth. Latest stats from Plan for Life show life insurance risk inflows increased from $16.7 billion in 2020 to $17.6 billion at 2021 end. MetLife, QInsure and NobleOak were the only ...

MLC Life Insurance joins forces with Insignia Financial

ANDREW MCKEAN  |  WEDNESDAY, 4 MAY 2022
... also enable submissions to be assessed sooner. From today, MLC MasterKey and Plum Super members insured by MLC Life Insurance will be able to lodge their claim digitally through LifeView. LifeView is MLC Life Insurance's integrated online platform that's ...

75% of Aussies don't understand group cover: MLC Life

JAMIE WILLIAMSON  |  THURSDAY, 28 APR 2022
... Australians understand what they're covered for, and many may not be adequately covered following recent reforms. MLC Life Insurance recently surveyed 1500 people and found that just a quarter claimed to understand what they're covered for under the ...

Macquarie responds to term deposit scam

CHLOE WALKER  |  THURSDAY, 28 APR 2022
... told Channel 9's A Current Affair that in early April she went to Macquarie to invest her late husband's $760,000 life insurance payout money in a 2.5% term deposit. Du Preez completed an online form with all of her personal information and was told ...

Integrity Life appoints chief technology officer

ELIZABETH MCARTHUR  |  TUESDAY, 26 APR 2022
... Commenting on his new position, Khurana shared some of his plans. "Integrity Life was established to transform the life insurance industry in Australia. We plan to use the latest, state of the art technology capabilities to make Integrity the most efficient ...
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