APRA released Quarterly Life Insurance Performance Statistics – March 2017. According to the statistics, in the year ended 31 March 2017: net policy revenue decreased by 1%, from $15.7 billion to $15.5 billion; net policy revenue recognised as a deposit...
Federal Treasury has issued a Post-implementation Review – Future of Financial Advice: Additional amendments for public comment which aims to examine the effects on industry and consumers of the implementation of the following measures introduced as part of the...
Treasury released Consultation Paper – Improving dispute resolution in the financial system on the proposed introduction of a new dispute resolution framework after the federal government’s recent acceptance of 11 recommendations outlined in a final report...
The Emergency Services Levy Insurance Monitor (ESLIM), Allan Fels, has issued a notice in Government Gazette No. 46 (7 April 2017), p. 1,189, under the Emergency Services Levy Insurance Monitor Act 2016 No. 23 (NSW), notifying a Public Inquiry into “matters...
An Inquiry is being conducted in to the Life Insurance industry. The committee will report on: the need for further reform and improved oversight of the life insurance industry; assessment of relative benefits and risks to consumers of the different elements of the...
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