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Insurance

LIF to be introduced this week

MARK SMITH  |  MONDAY, 10 OCT 2016
The legislation for the Life Insurance Framework will be formally introduced into parliament this week, the Minister for Revenue and Financial Services Kelly O'Dwyer has confirmed.

Industry bodies united on group insurance

JAMIE WILLIAMSON  |  MONDAY, 10 OCT 2016
On the eve of the Financial Services Council publishing its Life Insurance Code of Practice, industry bodies have collectively reinforced their beliefs on the purpose of group insurance in superannuation.

Adviser commission reforms pushed back

JAMIE WILLIAMSON  |  WEDNESDAY, 5 OCT 2016
The start date to phase down risk commissions is deferred and the Life Insurance Framework (LIF) will apply to all channels of financial advice, Kelly O'Dwyer has confirmed.

NAB and Nippon Life complete sale

DARREN SNYDER  |  TUESDAY, 4 OCT 2016
A $2.4 billion sale of National Australia Bank's life insurance business to Nippon Life was finalised yesterday.

CommInsure under fire again

JAMIE WILLIAMSON  |  TUESDAY, 4 OCT 2016
The Commonwealth Bank has released an update on the ongoing independent review into its life insurance division CommInsure, following further accusations of misconduct.

NGS cuts ties with CommInsure

JAMIE WILLIAMSON  |  TUESDAY, 27 SEP 2016
NGS Super has terminated its longstanding partnership with CommInsure, awarding the mandate for its insurance offering to a rival life company.

Risk inflows reflect boost in market

JAMIE WILLIAMSON  |  THURSDAY, 22 SEP 2016
Strategic Insight, formerly known as Plan for Life, has released its report on individual and group risk premium inflows for last financial year, showing an overall boost in the market.

Adviser feedback drives Elevate Online refresh

KERRIE SYDEE  |  MONDAY, 19 SEP 2016
AMP has launched a series of updates to its Elevate Online platform, in the hopes of streamlining the adviser user experience.

Pitcher Partners enters into joint venture

ALEX BURKE  |  MONDAY, 12 SEP 2016
Pitcher Partners has entered into a joint venture partnership with a risk specialist.

ClearView updates LifeSolutions suite, increases premiums

KERRIE SYDEE  |  MONDAY, 12 SEP 2016
ClearView has made a number of changes to its LifeSolutions product suite and increased income protection premiums, effective as of 21 October 2016.