The latest issue of Financial Standard now available as an e-newspaper
|Zurich Life & Investments and OnePath Life have added protection coverage from the COVID-19 vaccination into eligible life insurance policies to encourage more people to get vaccinated.|
|The big four bank announced its partnership with Australia's largest medical defence organisation to extend its business finance solutions to doctors and healthcare professionals.|
|Occupational exclusions in group insurance are under the microscope as the federal government reviews their fairness and appropriateness.|
|The industry superannuation fund has informed members the premiums they pay for death and total and permanent disablement cover is changing.|
|A boutique life insurer has won a mandate from the Royal Automobile Club of Western Australia (RAC).|
|APRA will publish more of life insurance data across its quarterly statistical reports.|
|The Financial Services Council (FSC) released the second draft of the Life Insurance Code of Practice 2.0 for public consultation.|
|Westpac has agreed to offload its life insurance business to TAL Dai-ichi Life Australia for about $900 million.|
|The corporate regulator is urging TPDinsurance providers to act on gaps in their processes by improving data capabilities after previously flagging concerns including declining claim rates, withdrawn claims and poor claims-processing times.|
|The US$30 billion merger between Aon and Willis Towers Watson is off, with Aon paying WTW a US$1 billion termination fee.|
Australian Ethical introduced a new high conviction fund to wholesale clients, investing in a range of sectors including local healthcare, renewables and technology stocks within the S&P ASX 300.
The super industry is calling for mandated consistency on portfolio holdings disclosure after it was recommended the Future Fund be exempt from disclosing commercially sensitive information.
Capstone Financial Planning has revoked the authorisation of Mark Babbage, the Victorian financial adviser jailed for breaching Western Australia's strict border restrictions to attend the AFL Grand Final.
Ellerston Capital will terminate the Morphic Global Opportunities Fund later this month as a result of dwindling funds under management.
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