Major life insurer TAL, owned by Dai Ichi Life, has taken a 15.1% stake in Challenger in a move seen as lifting its annuities reach.
Bullying comes in all shapes and sizes and can be particularly insidious when people make life/risk claims, as Col Fullagar explains.
Major superannuation fund organisation, ASFA, has confirmed the degree to which insurance inside super avoids adverse genetic testing.
Life/risk columnist, Col Fullagar, laments that 12 years after he wrote a damning assessment of claims handling, too little has changed.
The impact of governance policies have contributed to placing insurance inside superannuation under threat, according to Mercer.
Amid the debate over genetic testing, the FAAA has pointed out that those with negative outcomes can still access group cover via super.
Some smelly situations can arise when advisers seek to place their own interpretations on policy terms and conditions says Col Fullagar.
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