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Showing 71 - 80 of 189 results for ANZ life insurance

RECAP: Advice in the Royal Commission spotlight (Days 6- 9)

KANIKA SOOD  |  FRIDAY, 27 APR 2018
... falsifying details". However, NAB failed to disclose Meyn's conduct to FPA, of which he later became a member. Meanwhile, ANZ said it anticipated a $50 million bill for RC-related legal and other costs. IOOF updated the market on its proposed acquisition ...

ANZ, NAB bottom lines take a hit

KARREN VERGARA  |  TUESDAY, 24 APR 2018
ANZ and NAB painted a bleak profitability outlook for shareholders, flagging massive losses ahead of their 2018 half-year reporting period in early May. ANZ will incur a loss of $632 million from the sale of its life insurance, and pensions and investments ...

ANZ blames systems for inadequate controls: RC

KARREN VERGARA  |  MONDAY, 23 APR 2018
ANZ has blamed its systems and processes for failing to adequately monitor in-house financial advisers as well as its authorised representatives within three of its aligned dealer groups. Week two of the Royal Commission tasked with scrutinising advice ...

AMP admits to serious misconduct in RC submissions

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
... NAB details serious compliance concerns in RC advice submission Commonwealth Bank refunding millions in fees for no service ANZ issues last minute RC submission correction Royal Commission must cast net wider *This story was updated at 5pm.

Tradies test predictive underwriting

KARREN VERGARA  |  FRIDAY, 13 APR 2018
ANZ Wealth's new artificial intelligence-powered underwriting capability has completed a successful test phase with a group of tradespeople. From next week plumbers, carpenters, electricians and builders aged between 20 and 40-years-old can access the ...

CommInsure, OnePath enhance digital experience

JAMIE WILLIAMSON  |  WEDNESDAY, 11 APR 2018
... announced added online claims functionality to its OneView Life adviser portal. Lodging a claims form online, advisers can notify ANZ of their client's intention to lodge a claim. This enables ANZ to capture required information via the form, expediting ...

Zurich hires risk strategy specialist, retains OnePath brand

KARREN VERGARA  |  TUESDAY, 20 MAR 2018
Zurich confirmed it will keep the OnePath brand following its acquisition of the life insurance business from ANZ, and it will operate alongside Zurich's own life insurance brand. The life insurer has also appointed a risk strategy specialist. Life ...

Super industry wants tougher insurance code

KARREN VERGARA  |  MONDAY, 19 MAR 2018
... funds to sign the Insurance in Superannuation Voluntary Code of Practice before March 31, despite its several shortcomings. ANZ, AustralianSuper, MLC, MTAA Super, REST Industry Super and Telstra Super are all among the latest signatories to meet the ...

Wearables driving life insurance engagement

KARREN VERGARA  |  FRIDAY, 2 MAR 2018
... understand and manage their own health and be rewarded for doing so," TAL general manager of innovation Dan Taylor said. An ANZ white paper released last year shows new technologies and social trends are redefining approaches to healthy living and inspiring ...

ANZ adopts life insurance code

KARREN VERGARA  |  TUESDAY, 20 FEB 2018
ANZ will be the first bank-owned retail superannuation fund to adopt the voluntary Insurance in Super Code of Practice. ANZ's Smart Choice Super, OnePath MasterFund, Retirement Portfolio Service and Oasis Superannuation MasterTrust will be covered by ...