The latest issue of Financial Standard now available as an e-newspaper
|Integrity Life has partnered with an affordable online Will-writing platform to encourage more Australians to put one in place.|
|Last week, the federal government announced exemptions for the insurance industry in relation to Royal Commission reforms.|
|OnePath Life is repaying customers to the tune of $35 million due to poor telephone sales practices.|
|Nearly 20% of Australians have lied on their life insurance application to get a cheaper policy, new research shows.|
|The life insurance industry has emerged as a key driver of global economic growth, new research shows.|
|Westpac announced the sale of its New Zealand life insurance arm, finding a buyer in Fidelity Life Assurance, which is backed by NZ Super Fund.|
|Commonwealth Bank has announced the sale of CommInsure General Insurance to the Hollard Group after divesting CommInsure Life and BoCommLife.|
|Despite the spate of superannuation funds increasing the cost of cover, new Rainmaker analysis shows group insurance premiums fell by 7% to a four-year low of $8.7 billion.|
|BT's LifeCENTRAL+ can now produce quotes for financial advisers wanting to alter life insurance policies for clients in less than 10 minutes.|
|The $31 billion government fund has informed members that their life insurance premiums will be increasing.|
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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