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Showing 1 - 10 of 1211 results for %22life insurer%22

Advisers should leverage US tech blueprint: SIAA panel

KARREN VERGARA  |  TUESDAY, 14 MAY 2024
... incentivised in a bid to make advice more affordable and accessible for everyday Australians via banks, super funds, and life insurers. Vynokur predicts that the banks will "no doubt be back in this game but in a different way." Millions of Australians ...

FAAA calls for 'fairness' ahead of Budget

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... charged in total $47.6 million last financial year - more than any other sector including super funds, listed companies, and life insurers," Abood said. "The per-adviser amount almost tripled, to $2818 per adviser in the last year. These rapidly increasing ...

ClearView closes ClearChoice Super Rollover, launches trauma options

KARREN VERGARA  |  MONDAY, 13 MAY 2024
... the second option, covers catastrophic injuries and allows for a higher benefit payment to support customers impacted by life-altering events. ClearView group executive of product and pricing Nick Kulikov said with the new options, people can opt for ...

AustralianSuper announces insurance changes

ELIZA BAVIN  |  WEDNESDAY, 1 MAY 2024
... and/or Total & Permanent Disablement (TPD) cover from another super fund or insurer increase Death and/or TPD cover due to a Life Event have age-based or age-based plus extra (fixed) cover by providing detailed health information to its insurer, TAL ...

Aussies underestimate life insurance's importance: Investment Trends

ANDREW MCKEAN  |  TUESDAY, 30 APR 2024
There is a gap in perception among Australians of life insurance as a crucial component of financial stability, according to an Investment Trends Consumer Insurance Needs report. The report said out of the 20 million adult Australians, 6.7 million have ...

The risks and opportunities in advice: SIAA

KARREN VERGARA  |  TUESDAY, 30 APR 2024
... "Qualified Advisers" (QAs) who will not be financially incentivised. Many believe that super funds will have a leg up over life insurers and banks once financial advice expands to other service providers. "We're very supportive of the reforms. We've ...

UniSuper selects new group insurer

JAMIE WILLIAMSON  |  WEDNESDAY, 17 APR 2024
... default insurance offering has been improved to provide greater death and total and permanent disablement (TPD) cover at the life stages members most likely need it and less cover when they're younger; "Think of it as a curve that rises and falls according ...

Financial advice exodus has 'bottomed out': ClearView

ELIZA BAVIN  |  WEDNESDAY, 17 APR 2024
... a new cohort of financial advisers that are engaging customers by social media, podcasts, and digital tools. The life insurer said it has created a diversified distribution network with more than 1000 dealer groups, comprised of around 5000 advisers. ...

Life insurers struggle with code compliance

KARREN VERGARA  |  WEDNESDAY, 10 APR 2024
... breaches and complaints by some life insurers was another area of concern. McClelland said under-reporting limits a life insurer's ability to address issues effectively and improve operations. She urged all life insurers to review their processes for ...

IMF flags concerns over 'risky' private credit market

ELIZA BAVIN  |  TUESDAY, 9 APR 2024
... private credit waters, significantly upping their share of these less-liquid assets. This includes private-equity-influenced life insurance companies," it said. The IMF said though liquidity risks may appear limited at this current stage, a growing retail ...
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