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OnePath and AIA are Five Star Winners again

Canstar Cannex have announced this year's winners of their Five Star Outstanding Value awards for 2012. Last year's winners OnePath and AIA have again taken out the Overall awards - for OnePath this is the fifth year in a row. Canstar Cannex claim that "the...

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AIA announced ANZIIF Life Company of the Year

The Australian and New Zealand Institute of Insurance and Finance (ANZIIF) has named AIA as the 2012 Life Insurance Company of the Year. The award was presented at a gala ceremony in Sydney which honoured the achievements within the Australian insurance market. In accepting the award...

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SMSFs required to have an Insurance strategy

Superannuation regulations have been introduced imposing additional obligations on trustees of SMSFs effective from 7th August 2012. Trustees are now required to consider whether their fund should take out insurance policies for its members. This must be documented in either the fund's investment strategy or...

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ASIC warning regarding Funeral Insurance

ASIC has advised that as part of its broader review of advertising of financial services and products it is specifically monitoring funeral insurance marketing for misleading or deceptive practices. Research conducted by ASIC has shown that some consumers do not understand the difference between prepaid funeral...

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National Health Report Card released

While Australians are generally healthy, the latest national report card on health from the Australian Institute of Health and Welfare (AIHW) warned that there are several areas where Australia compares less favourably to other developed countries. Australia has relatively high death rates from heart disease, diabetes...

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Help for the Mentally Ill seeking insurance

A new website has been launched by the Mental Health Council of Australia (MHCA) and Beyond Blue to provide assistance to Australians who have experienced a mental illness to understand their rights and responsibilities when accessing insurance or making a claim. The website is called www.mentalhealthandinsurance.org.au...

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TAL wins Life Company of the Year Award

TAL (formerly known as Tower Australia) has been named the winner of the 2011 Plan for Life/AFA Life Company of the Year Award for the second year in a row. The award is based on the performance of each insurer against certain key criteria and...

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