Feedback Sought on Genetic Test Ban for Aussie Insurers
The Australian Treasury is seeking feedback on draft regulations supporting a ban on the use of adverse genetic test results in life insurance underwriting...
Advisers Urged to Revisit Trauma Insurance
MetLife in Australia is urging advisers to reconsider the role of trauma insurance, saying many Australians remain financially exposed to the impact of serious...
Advisers Urged to Road Test AI
Financial advisers in Australia could cut the cost of producing Statements of Advice by up to half by embedding artificial intelligence into their workflows,...
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...