Union takes on Acenda over ‘chaotic’ job cuts
16 March 2026
More than 200 Acenda employees have been laid off following the merger last year of the MLC Life and Resolution Life Australia operations, according to the Finance Sector Union...
Life Insurance
Disability pension no offset against benefit: AFCA
16 March 2026
An insurer cannot reduce a policyholder’s payments for being unable to work by offsetting them with a disability pension unrelated to work capacity, the complaints authority has ruled...
Advice group celebrates claims milestone
16 March 2026
Specialist life adviser Australian Financial Risk Management says it has secured more than $400 million in claim payouts for clients since it launched in 1997...
‘Blunt super reforms harming members, families’
09 March 2026
Reforms protecting super members from paying multiple account fees and unnecessary premiums have led to unintended consequences, the Association of Superannuation Funds of Australia says...
Bid to close abuser payout loophole in super laws
09 March 2026
The federal government has proposed reforms to stop perpetrators of family violence from accessing their victims’ superannuation death benefits...
Widow denied payout over partner’s ‘reckless’ non-disclosures
09 March 2026
Zurich has won a claim dispute by arguing it would not have provided death cover to a man if he had disclosed mental health conditions, other medical issues and drug use...
Insurer warned over medical info consent breach
09 March 2026
An unnamed life insurer has been sanctioned for failing to obtain proper consent from customers to collect their medical details during underwriting...
Researchers help TAL overhaul mental health claims
09 March 2026
TAL has formed a partnership with health researchers aiming to improve outcomes for customers with income protection claims related to mental illness...
Sydney adviser wins Gwen Fletcher prize
09 March 2026
Financial Advice Association Australia has named Roland Xu the winner of its latest Gwen Fletcher Memorial Award...
Swiss Re names new Asia-Pacific life head
09 March 2026
Swiss Re has appointed Tamas Brown to lead its Asia-Pacific life and health business from next month...
Industry underwriting gain rises
02 March 2026
The life industry recorded an underwriting gain of $279 million in the December quarter, up sharply from $36 million a year earlier, according to Australian Prudential Regulation Authority data...
Shed builder’s injury claim collapses on missing proof
02 March 2026
A policyholder has lost a dispute over accident insurance due to a lack of medical evidence supporting his injury claim...
Analysts expect more mergers in push for scale
02 March 2026
The industry can expect more strategic mergers as life insurers respond to changes in the Australian market, according to an IBISWorld report...
MBS buys Honan life operation
02 March 2026
Adviser MBS Insurance has acquired Marsh-owned Honan Insurance Group’s life business for an undisclosed amount...
Streamlined ClearView makes profit gains
02 March 2026
Life insurer ClearView Wealth says its simplification drive helped raise first-half earnings...
Trustee misled policyholder, but coverage cut was fair
23 February 2026
A policyholder who did not understand that a total and permanent disability payment reduced his death cover has lost a dispute over the matter...
Life sales lift Challenger H1 result
23 February 2026
Australian wealth manager Challenger says its life business achieved an 11% rise in sales to $5.1 billion in the December half, driven by record annuity transactions...
St Andrews enters NZ with Golden launch
23 February 2026
St Andrew’s Insurance Group has started offering life products in New Zealand, with the launch of Golden Insurance...
Acenda recruits ex-bank exec for culture role
23 February 2026
Acenda says former Westpac executive Ross Miller joined last week as group chief people and culture officer...
AFCA backs regulator-approved, enforceable code
16 February 2026
A life insurance code that is approved by the Australian Securities and Investments Commission will send a “powerful signal” to consumers and key stakeholders, the financial services ombudsman says...