Search ResultsShowing 1 - 10 of 100+ results for "Life risk"
CommInsure income protection off the menu
ELIZABETH MCARTHUR  |  TUESDAY, 18 FEB 2020
... Protection products will cease accepting new business from 31 March 2020. AIA said the move to streamline its retail advised life risk business is the next step in its integration of CommInsure Life. AIA and CommInsure came together under a Joint Cooperation ...
AIA income protection premiums jump
ELIZABETH MCARTHUR  |  FRIDAY, 14 FEB 2020
... Life made was to amend its income protection policies. KPMG research from November 2019 found that profitability in life risk insurance in Australia had dropped to the extent the industry is now loss-making. KPMG partner and head of insurance David Kells ...
ASIC bans direct life cold calling
HARRISON WORLEY  |  WEDNESDAY, 4 DEC 2019
... through ASIC's modification power in the Corporations Act, with a new legal instrument - ASIC Corporations (Hawking-Life Risk Insurance and Consumer Credit Insurance) Instrument 2019/839 - to prohibit unsolicited phone sales of direct life insurance ...
Life risk insurance not profitable: KPMG
HARRISON WORLEY  |  FRIDAY, 22 NOV 2019
Profitability in life risk insurance has dropped to the extent that the sector is now loss-making in aggregate, according to KPMG. The global consultant's analysis of the financial results of Australia's life insurers shows the sector made an ...
Priced out: Advice affordability at risk
ELIZABETH MCARTHUR  |  MONDAY, 9 SEP 2019
... unaffordable for ordinary Australians." This comes after MetLife research found 60% of advice clients believe the removal of life risk commissions would increase underinsurance. While the research found a majority of clients were willing to pay an upfront ...
Life insurance leaders fear for industry
ELIZABETH MCARTHUR  |  FRIDAY, 30 AUG 2019
... afford advice in the new climate also won't have default insurance cover. Touching on the potential removal of life risk commissions, Brooks said research shows commissions have their place and have value in the life insurance industry. Hackett added ...
Risk commissions must be retained: MetLife
JAMIE WILLIAMSON  |  THURSDAY, 29 AUG 2019
About 60% of advice clients believe the removal of life risk commissions would increase underinsurance in Australia, latest research shows. That is a key finding of MetLife's second annual What Clients Want: 2019 MetLife Adviser/Client Research ...
Risk commission changes imperil advice practices
KARREN VERGARA  |  WEDNESDAY, 5 JUN 2019
... interviewed between April and May 2019. It found the majority are worried the Royal Commission's recommendations on life risk commissions will have an adverse impact on their business if introduced in the next 12 months. The 2019 Adviser Experience Survey ...
Super, life risk face election test
HARRISON WORLEY  |  MONDAY, 6 MAY 2019
Superannuation is in the firing line once again as Australia prepares to head to the polls, with industry stakeholders calling for greater certainty over the future of superannuation reform. Campaigning in the lead up to the Federal election has once ...
Up close and personal: Women in financial services
JAMIE WILLIAMSON  |  FRIDAY, 8 MAR 2019
... the farm when Helen was born, cooking for the shearers, et cetera. Keep reading . Jodie Douglas, principal, Mad About LIFE Risk Advice Having first dipped her toes into the world of financial services, assisting customers with car loans, Jodie Douglas ...
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