ASIC clears CommInsure of pressuring GPs
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The Commonwealth Bank's life insurance arm, CommInsure, has been cleared in a second major report.
The Commonwealth Bank's life insurance arm, CommInsure, has been cleared in a second major report.
Governments, banks, energy suppliers, supermarkets and other holders of customer's personal data need to change the way they look at data to maintain their social licence to hold it, the head of the Productivity Commission says.
The government must pursue insurance legacy product rationalisation more vigorously.
Around 800,000 Australians plan to make changes to their life insurance over the next two years without a financial adviser.
The trend towards foreign buyers entering the Australian market will continue as regulatory headwinds grow.
Life insurance can be a tricky business at times. Let us help you take the guesswork out of it for you.
Despite a tough year for life insurers, at MLC the business is moving from strength to strength.
Suncorp Life is shutting the doors to its Guardian Advice and Suncorp Financial Planning businesses.
For consumers, a life insurance policy with a trusted provider is the difference between recovery or terrible upheaval.
Radical changes to how much advisers can receive in life insurance commissions are unlikely to make customer premiums any cheaper, experts say.
The life insurance sector is facing issues in every direction.
Conflicted remuneration in the life insurance industry is on its last legs thanks to a reform plan that aims to put the interests of consumers ahead of financial advisers.
Australia's financial advice industry is rigged with hazardous remuneration structures that fuel a sales culture among planners - perpetuating distrust among consumers burnt by dodgy advice.
An auction of MLC's life arm is slated to begin in the next three months, with JPMorgan expected to head the process which could fetch about $2 billion for the division.
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