Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 61 - 70 of 2136 results for "Life Insurance"

Westpac closes Specialist Businesses Division

JAMIE WILLIAMSON  |  THURSDAY, 20 JUL 2023
... deemed to lack sufficient scale, being platforms, superannuation and retirement products, investments, general and life insurance, auto finance, and Westpac Pacific. Jason Yetton was appointed to lead the review of each business and, in the three years ...

ASIC slaps interim stop order on ClearView

KARREN VERGARA  |  WEDNESDAY, 19 JUL 2023
ClearView has copped an interim stop order on two of its life insurance products after ASIC found deficiencies in its Target Market Determination (TMD). The interim stop order applies to Clearview Life's ClearChoice Income Protection Cover and Accidental ...

ClearView strengthens leadership team

KARREN VERGARA  |  MONDAY, 17 JUL 2023
... assumes the position of group executive for product and pricing, stepping up from his previous role as head of life insurance product and pricing, which he held since 2021. Kulikov's responsibilities will expand to include data and analytics, and product ...

Leigh Watson caps four decades in industry

ELIZABETH FRY  |  FRIDAY, 14 JUL 2023
... chief operating officer in Asia. Previously he served as chief executive of Asia at MLC. Having worked across the life insurance/reinsurance, funds management and superannuation sectors, he is keeping an eye out for non-executive opportunities, he said. ...

Federated Hermes secures $486m for private equity fund

ANDREW MCKEAN  |  WEDNESDAY, 12 JUL 2023
... Investments (LPPI) and Hostplus. Moreover, the fund expanded its investor base, attracting new participants like Samsung Life Insurance from Korea and other European investors. Federated Hermes chief investment officer Peter Gale said the successful ...

Life, funeral insurers cop $14m fine

KARREN VERGARA  |  WEDNESDAY, 5 JUL 2023
... injury insurance. Howden will also have to pay $100,000 in penalties. Select sold the products issued by St Andrew's Life Insurance under the brand names Let's Insure and FlexiSure. Parent company Bank of Queensland sold St Andrew's to Farmcove Investment ...

Adviser levy tripled, labelled "deeply unfair"

JAMIE WILLIAMSON  |  THURSDAY, 29 JUN 2023
... registration, administration of the adviser exam, the Financial Services and Credit Panel, and the review of the Life Insurance Framework. The release of the indicative cost recovery follows minister for financial services Stephen Jones confirming the ...

Anti-hawking laws could dampen super fund advice: Academic

KARREN VERGARA  |  TUESDAY, 27 JUN 2023
... in place, however they don't cover financial advice services. One outcome led to the ban of hawking direct life insurance in 2020. National Advice Solutions was recently convicted of cold-calling consumers, trying to convince them to switch their ...

TelstraSuper introduces new option, drops premiums

JAMIE WILLIAMSON  |  MONDAY, 26 JUN 2023
... superannuation is an important component of our members' financial safety net and we have worked closely with insurer, MLC Life Insurance, to provide affordable insurance premiums so that members have more money in their retirement whilst also benefitting ...

Westpac plans aggressive platforms play

JAMIE WILLIAMSON  |  WEDNESDAY, 21 JUN 2023
... scale. In addition to platforms, this comprised superannuation and retirement products, investments, general and life insurance, auto finance, and Westpac Pacific. Of these, nine have been sold off. Only Westpac Pacific remains, after an unsuccessful ...