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Showing 101 - 110 of 6389 results for "Insurance"

ASIC strips institutional broker's AFSL

ANDREW MCKEAN  |  THURSDAY, 16 NOV 2023
... Financial Complaints Authority (AFCA) and uphold its client compensation commitments, including professional indemnity insurance coverage. The institutional broker, formerly authorised to provide financial product advice and custodial services to both ...

HUB24 unveils new offering for lower balance clients

CHLOE WALKER  |  WEDNESDAY, 15 NOV 2023
... needs evolve, advisers can easily transition them across to our Core and Choice offers with minimal unintended or costly insurance or tax consequences." Meanwhile, Vanguard Australia head of financial adviser services Balaji Gopal said the ability to ...

Australian Unity sells advice arm to Fortnum, Nestworth

ANDREW MCKEAN  |  TUESDAY, 14 NOV 2023
... wellbeing of approximately 60,000 Australians. It will manage over $40 billion in funds under advice, $200 million in life insurance premiums, and leverage a network of 400 advisers across Australia. Australian Unity wealth and capital markets chief ...

Treasury unveils advice reforms draft legislation

KARREN VERGARA  |  TUESDAY, 14 NOV 2023
... first tranche of legislation". "Another piece of important news for our members is confirmation that commissions on life insurance (Recommendation 13.7) can continue to be paid to advisers, with a one-off written consent from the client before the beginning ...

Insurers drop allocation to risk assets: Research

CASSANDRA BALDINI  |  MONDAY, 13 NOV 2023
... exposure to risk in the coming six months. Janus Henderson, in collaboration with Investment Trends, released its 2023 Insurance Asset Management Report, which draws on insights from 25 firms across general, life and health insurance, with 50% of the ...

Challenger duo joins Allianz Retire+

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2023
... customer strategy and experience at Challenger - a role they were appointed to in February 2020. Allianz Australia Life Insurance chief executive Adrian Stewart said he is thrilled to have van der Veen and Foster join the leadership team. "Catherine ...

Legalsuper hits members with increased fees

ANDREW MCKEAN  |  MONDAY, 6 NOV 2023
... 2021. Meanwhile, starting 1 January 2024, legalsuper will no longer apply a 15% tax rebate on premiums for members with insurance in their superannuation account. The rebate amount will now be directed to the fund to cover account administration expenses. ...

Westpac reports $7.2bn profit

KARREN VERGARA  |  MONDAY, 6 NOV 2023
... Federal Court of Australia against BT Funds Management (BTFM), Westpac Securities Administration (WSAL) and Westpac Life Insurance Services (TAL Life Insurance Services) (WLIS), a former Group subsidiary. Superannuation fund members alleged that between ...

MLC Life names operations, people chiefs

KARREN VERGARA  |  TUESDAY, 31 OCT 2023
MLC Life Insurance made two executive appointments who will each lead the operations and human resources departments. Jane Murray has been named chief operating officer after serving as chief operating and people officer for the last nine months. Murray ...

Rival bidder seeks to acquire Diverger

KARREN VERGARA  |  MONDAY, 30 OCT 2023
... acquisitions within our combined areas of operation and the opportunity to cross sell asset finance, novated leasing and insurance broking". COG anticipates commencing the due diligence process immediately and entering a scheme implementation deed before ...