|Group life insurance premiums are set to rise if the Federal Government implements proposed changes to default insurance in superannuation, according to KPMG.|
|A new underwriting education initiative from TAL will help advisers and clients better understand the underwriting process.|
|Latest Beddoes Institute research reports client satisfaction at claim time is driven by two key factors.|
|A group of former TAL executives have launched a new distributor of life insurance products backed by a global reinsurer.|
|The Federal Government's proposal to ban default life insurance in superannuation for younger members and those with low balances would supress retirement savings and cost the economy $2.46 billion annually, latest research from AIA Australia shows.|
|New research strongly backs the economic and health benefits of allowing life insurers to provide intervention and rehabilitation treatment for thousands of Australians each year.|
|Japanese life insurer Daido Life acquired a 14.9% stake in an Australian life insurer in an effort to expand offshore.|
|Latest Rainmaker group insurance research shows the share of superannuation fund members associated with a bank-aligned group insurer has halved in the last four years.|
|ANZ is expanding its Australian group insurance offering with the launch of new digital tools for trustees and members.|
|ANZ has agreed to sell its OnePath Life New Zealand business to a US-based global insurer.|
An advice licensee owned by HUB24 hired from BT Financial Group to fill a newly-created general manager role.
Futuro Financial Services has ended its partnership with AMP after seven years, becoming 100% privately-owned again.
Escala Partners is set to be acquired by a US-based wealth manager looking to expand its international footprint.
No RBA, growth in wages have remained stagnant - and that's just for the lucky few. The unlucky ones have, in effect, seen their incomes eroded by inflation (thank goodness prices haven't increased by much).
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