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Growing advice group in commissions fight
ELIZABETH MCARTHUR  |  THURSDAY, 24 OCT 2019
A relatively new advice association has picked up members at a rapid pace as it takes up the fight to retain life insurance commissions.
Whistleblower calls out approved product lies
ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2019
A new paper on the consumer impact of Approved Product Lists (APLs) claims institutionally-aligned Australian Financial Services Licensees (AFSLs) are funneling new clients into in-house products, potentially in breach of Best Interest Duty obligations.
Life industry steps toward trust
HARRISON WORLEY  |  FRIDAY, 11 OCT 2019
Two industry groups have partnered to create a new life insurance standards framework.
Integrity Life focuses on SMEs
ELIZA BAVIN  |  TUESDAY, 8 OCT 2019
Integrity Life has launched a combined group insurance offering aimed at small to medium sized businesses with as few as five employees.
Mental health tops TPD claims
HARRISON WORLEY  |  TUESDAY, 8 OCT 2019
The underlying causes of total and permanent disability claims have been revealed in new research, and mental health tops the list.
Integrity Life launches lifetime discount offer
ELIZA BAVIN  |  THURSDAY, 19 SEP 2019
Integrity Life has launched an 8% discount for the lifetime of a policy across its lump sum products, designed to ensure sustainable pricing for its life insurance products.
Life insurance leaders fear for industry
ELIZABETH MCARTHUR  |  FRIDAY, 30 AUG 2019
Some of the biggest names in Australia's life insurance sector have shared their biggest concerns for the future of the industry.
Risk commissions must be retained: MetLife
JAMIE WILLIAMSON  |  THURSDAY, 29 AUG 2019
About 60% of advice clients believe the removal of life risk commissions would increase underinsurance in Australia, latest research shows.
Members still lack group insurance awareness: MetLife
KRISTI CHENG  |  THURSDAY, 29 AUG 2019
Superannuation members still do not realise they are entitled to life insurance via their super funds despite concerted effort to raise awareness, new research finds.
CommInsure sale stalls, sold for discount
KARREN VERGARA  |  FRIDAY, 23 AUG 2019
The Commonwealth Bank will sell its life insurance business for $150 million less than originally agreed as the sale experiences delays and regulatory roadblocks.
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