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...
ICIB Acquires Life and Health Risk Business
ICIB Brokerweb acquiring the life and health risk business of a Christchurch-based practice drew much reader interest this week...
ICIB...
Poll Result: Business Growth Ahead?
Financial advisers appear quite upbeat about the commercial prospects for their advice practices for the 2026 calendar year.
As we go to press, nearly three...
Reminder on New Adviser Training Course
There's just a few days left to register for Partners Life next New Adviser Training Course being held in February.
The insurer issued a reminder,...
Latest Poll: Poised for Business Growth?
With the new regulatory regime for financial advice now in place for nearly two years and the Conduct of Financial Institutions regime in full...
Chubb Extends Reward Offer
Chubb is extending its More is More Lifetime Reward offer until 31 March, 2026.
In an adviser update the insurer says "...this means that if...
Policy Cancellations – Your Verdict
Our latest poll result indicates that adviser practices are continuing to experience a higher rate of life policy cancellations since February this year, although...
Insurer to Pay $7 Million Penalty for Misleading Representations
General insurer Tower has been ordered to pay a $7 million penalty for misleading representations that resulted in more than $11 million in overcharges...