Advisers Urged to Focus on Health Resilience
Life insurance advice in Australia must evolve beyond product provision to address clients’ ability to recover from illness and injury, according to Adam Crabbe,...
General Advice Gains Traction at Australian Riskinfocus Event
The role of general advice in life insurance is growing with Australian advisers taking part in a recent Australian Riskinfocus 26 CPD Tour panel...
Concerns Raised as Aussie Consumers Turn to AI for Advice
Three in five Australians say they would trust financial advice from AI programmes such as ChatGPT. The finding is revealed in a new report...
Record Financial Complaints in Australia
The Australian Financial Complaints Authority received a record number of complaints last year, up 14% on the 2024 figure to reach 111,373.
The increase in...
Zurich Australia to Acquire ClearView Wealth
Zurich Financial Services Australia has announced it is intending to acquire ClearView Wealth Limited, the parent company of ClearView Life Assurance in Australia. The...
Call to Return to Indemnity First Product Principles in Australia
Rising mental health claims are placing pressure on the sustainability of TPD insurance in Australia, prompting insurers, reinsurers, and regulators there to reassess product...
Australian Advisers Urged to Revisit Business Insurance
There are more than two million small businesses in Australia – around half of which have owners aged over 50 – but where a...
Claim Denials Drive Rise in Life Insurance Complaints
More than 100,000 complaints were lodged with the Australian Financial Complaints Authority in the last financial year, with just 2.4% relating to life insurance.
During...
Australian Former Adviser Jailed
An Australian former financial adviser, Anthony Paul Torre, has been sentenced to six years imprisonment, backdated to commence 29 January 2025. He was sentenced...