Life insurance product comparison websites do not provide the same level of service as advisers but receive a similar commission level, according to Rice Warner....

The Australian Prudential Regulation Authority and the Australian Securities and Investments Commission have kicked off the pilot project aimed at improving life insuranc...

An additional layer of assistance to help consumers make a claim would add more confusion and would be seen as a way to discourage consumers from making a claim, a panel ...

Further regulation for the life insurance industry was not necessary as self-regulation is efficient, less costly, and less time-consuming, according to the FSC....

Misalignment in what people are told financial services providers are going to do is the heart of where self-regulatory codes break down, according to a panel....

ASIC is set to send issue notices to super trustees to investigate their insurance arrangements....

ASIC has examined 60,000 documents as part of its CommInsure investigation and will deliver its findings by the end of the month....

A guidance note on group insurance data to improve consumer outcomes has been jointly released by life insurance and super bodies....

New research released by Pacific Life Re and Maurice Blackburn suggests lawyer advertising helped create a super insurance claims spike in 2013 but has been less effectiv...

A Parliamentary Committee has been told super funds need to be much clearer with members about the manner in which insurance premiums can erode account balances....

ANZ is arguing that a six-year time limit on late notified TPD claims could drive valuable premium reductions for super fund members....