Flexibility in a life insurance policy is a great benefit for customers. It’s a big reason why the wide range of universal life products have been so popular. Drew Gurley However, flexibility in ...

ASSISTANT Treasurer Josh Frydenberg has taken on board recommendations made by the financial services industry to improve life insurance, a sector the corporate supervisor believes is dogged by bad ...

The Department of Financial Services has sought explanations from insurance councils on rising commissions failing to boost ...

MIAMI – A pair of insurance agents based out of Miami are facing felony charges after state investigators said they stole clients’ identities, took out fraudulent life insurance policies without their ...

Emkay sees the possibility of draft commission regulations being released this month with some emphatic provisions toward ...

The Quality of Advice Review has stated there are benefits of retaining commission for life insurance but admits it could result in lower-quality advice for consumers. There were currently a number of ...

Life/risk advisers should not be viewed in the same manner as those providing investment advice and can’t simply replace commission revenue with fee revenue in the same way investment advisers managed ...

According to sources, the DFS has written to both life and general insurers through industry councils, seeking detailed ...

Many insurers are now facing scrutiny from the Insurance Regulatory and Development Authority of India (IRDAI) for ...