Thu, 2nd Apr 2026

In the latest Financial Services News Wrap, AIA Australia reshuffles its leadership to enhance group insurance offerings and superannities, with notable appointments including Chris Healey as Chief Group Insurance Officer. This move emphasizes AIA's aim to promote healthier living through innovative products and digital pathways. Following the MLC Life and Resolution Life Australia merger into Acenda, over 200 employees have been laid off, sparking criticism and highlighting the need for clear communication during organizational transitions. APRA's Q4 2025 reports reveal impressive growth in life insurance underwriting profits, although individual lump sum risk and group lump sum risk faced losses. Potential property buyers are advised to observe crucial regulatory changes, such as tightened lending criteria and planned construction on defense forces land, while also preparing for possible cancellation of Queensland's First Home Owner Grant and Victoria's stamp duty concessions.n