Claim Complaint – Insurer Goes Beyond
After an insurance ombudsman service had recommended an insurer should pay 50% of a life insurance benefit from a policy the company had deemed...
FMA Spotlight on Risk Commissions – Poll Result
There was strong interest this week in our latest poll result canvassing whether advisers agreed with the FMA's focus on the...
Latest Poll – FMA Focus on Risk Commissions
Our poll this week centres around the FMA’s latest Financial Conduct Report and seeks to understand if advisers agree with the regulator monitoring the advice...
Risk Commissions Under Regulator’s Spotlight
The FMA’s new Financial Conduct Report, which sets out its regulatory priorities for the 2026-27 financial year, includes a focus on managing conflicts from...
Soft Commissions – Poll Result
A majority of advisers, it seems, believe the FMA has no cause to be concerned about soft commissions in the life insurance sector, although...
Support for Health and Life Insurers Removal from Climate Reporting Rules
The Financial Services Council says the Government has made the right call by removing health and life insurers from climate reporting rules, which it...
Latest Poll – Soft Commissions
Our latest poll question follows the FMA publishing the findings of its engagement with insurers on how they manage their customers’ interests during periods...
FMA Raises Concerns Over Soft Commissions
There was strong reader interest this week in the FMA highlighting insurers' management of their customers’ interests during periods of short-term sales campaigns and...
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...