Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 2313 results for "life insurance"

Insurer sanctioned for over 10k breaches

MATTHEW WAI  |  WEDNESDAY, 2 SEP 2026
The Life Insurance Code Compliance Committee (Life CCC) has sanctioned a life insurer after it reported more than 10,000 breaches of the Life Insurance Code of Practice (Life Code) in relation to failure to provide timely, completed annual notices. ...

FEATURE | Group insurance | Dusk to dawn

KARREN VERGARA  |  FRIDAY, 28 AUG 2026
... for reviewing the wider disability and income support ecosystem - including the NDIS, workers' compensation, life insurance and other support schemes - to ensure people experiencing ill health can access the support they need as simply and efficiently ...

CBA, Colonial First State settle class action for $249m

KARREN VERGARA  |  WEDNESDAY, 26 AUG 2026
... action in in-principle for $22.5 million relating to Commonwealth Financial Planning (CFP), Financial Wisdom and its life insurance business Colonial Mutual Life Assurance Society (CMLA). Shine Lawyers alleged that CFSI as the superannuation provider ...

AIA Australia rejigs retail team, appoints new lead

KARREN VERGARA  |  TUESDAY, 25 AUG 2026
... Wellbeing, which operates with a separate AFSL to AIA Australia and offers personal advice to customers of CBA with life insurance and wealth needs, as chief executive and managing director. Phillips was named chief group insurance officer in October ...

Zurich completes ClearView takeover

VINNY VUCAGO  |  FRIDAY, 21 AUG 2026
... lessen competition in any relevant market. At the time, the ACCC said the two businesses overlapped in the supply of life insurance products, particularly through the retail financial adviser channel, however it noted the merged entity would continue ...

Industry reacts to Mulino's sweeping reforms

RIDDHIMA TALWANI  |  THURSDAY, 20 AUG 2026
... in-house. Treasury said the new adviser regime would initially apply only to APRA-regulated superannuation and life insurance entities. The New Class of Advisers will be prohibited from receiving commissions, bonuses and volume-based payments, which ...

Treasury expects regulators to do the heavy lifting

MATTHEW WAI  |  FRIDAY, 17 JUL 2026
... regulatory environment that supports innovation and competition will give Australians greater choice and help ensure life insurance remains affordable and accessible. "These settings are especially important as our industry looks to provide affordable ...

Final report into Life Code makes 85 recommendations

MATTHEW WAI  |  WEDNESDAY, 1 JUL 2026
The final report of an independent review of the Life Insurance Code of Practice (Life Code) has been finalised, proposing some 85 recommendations across aspects of mental health, customer vulnerability, claims handling, and sales practices. The review ...

Allianz Retire+ appoints senior manager

STAFF WRITER  |  THURSDAY, 25 JUN 2026
... retirement specialist (MyNorth Lifetime) at AMP. She has also previously held roles at Insignia Financial, MLC Life Insurance, BT Advice and ANZ. Chief distribution and marketing officers Catherine van der Veen and Lucy Foster said Anantharaj experience ...

Small fee increases cost nest eggs $77k: Vanguard

KARREN VERGARA  |  WEDNESDAY, 24 JUN 2026
... assumed a 6.4% nominal annual investment return, Superannuation Guarantee contributions of 12%, and standard tax and life insurance costs of $1733. The only difference was fees from one account charged 0.56% p.a. while the other charged 1.06% p.a. With ...
PREVIOUS
NEXT