Nine out of 10 advised clients believe the benefits of financial advice outweigh the costs, the Value of Advice Index has found.
National Australia Bank (NAB) has agreed to sell 80% of its life insurance arm to Japan's Nippon Life Insurance Co for about US$1.7 billion, said a person familiar with the matter.
The Council of Australian Life Insurers (CALI) has achieved a significant development in its Partner Program by securing Equisoft, a provider of digital solutions for the financial sector, as its inaugural corporate partner.
Bupa Health Insurance has introduced its latest marketing initiative, "Good health is contagious." The campaign was launched in response to findings from the Bupa Pulse Check survey, which showed a significant trend among Australians towards prioritising health and wellbeing.
More than 15 million Australians will have their private health insurance premiums rise by more than 3% in the biggest increase in five years.
AIA Australia (AIA) has rolled out a menopause support programme specifically designed for women aged 40 to 55.
Financial advisers are "deeply" concerned over the Federal Government's plan for a new advice model that will allow life insurers to provide "simple advice" to consumers.
The life insurance sector in Australia has expressed strong support for the Federal Government's recent move to initiate a consultation paper aimed at gathering public opinion on the application of genetic test results in insurance policies.
The Financial Advice Association Australia (FAAA) has announced the 2023 winners of the inaugural FAAA Awards across six professional categories.
Financial investment advisers have been identified as an area experiencing a skill shortage according to Jobs and Skills Australia (JSA).
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