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...
Australian Complaints Body Flags ‘Systemic’ Industry Failures
The Australian life insurance sector continues to face systemic weaknesses in record keeping, policy design and claims handling according to the most recent Systemic...
Insurer Deploys Australian-First Claims Engine
Global insurtech provider, UnderwriteMe has launched its claims engine for Zurich Australia, marking the first implementation of the technology in Australia.
This latest development extends...
Aussie Risk Business Green Shoots, But Capacity Constraints Remain
There appear to be genuine signs of recovery in Australia’s retail life insurance sector according to industry specialist firm, NMG Consulting. But these green...
‘Significant Contraction’ in Aussie Adviser Workforce Flagged
Unlike New Zealand’s growing financial advice sector, in Australia hundreds of financial advisers are expected to exit the industry ahead of new education standards...
Latest Poll – Support Team Costs?
Economically it has been a tough couple of years with many industries feeling the pinch, but how are financial advisers faring, has your practice...
Australian Advice Firms Enter New Era of Talent Scarcity
Financial advice practices in Australia are facing the most competitive talent market in a decade, with new research revealing sharp increases in remuneration, surging...