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Showing 101 - 110 of 2296 results for %22direct insurance%22

NZ advisers begin new licensing regime

KARREN VERGARA  |  FRIDAY, 17 MAR 2023
... as an entity (company or partnership) named on a Financial Advice Provider licence. FMA director of deposit taking, insurance and advice Michael Hewes said this figure includes licences issued to sole operators, as well as small firms and large entities ...

ASIC bans Queensland adviser

ANDREW MCKEAN  |  WEDNESDAY, 15 MAR 2023
... situation were incomplete or inaccurate. The regulator also found that Allen failed to reasonably consider a client's insurance options when recommending a client consolidate their superannuation. He didn't provide a reasonable assessment of ...

CALI hires policy director from FPA

KARREN VERGARA  |  TUESDAY, 14 MAR 2023
... driving solutions for - the other area which has most concerned members is an inability to support clients with life insurance strategy and implementation," Marshan wrote on his LinkedIn page. "So when the opportunity arose to help more Australians get ...

FPA voices concern on proposed CSLR, FAR laws

ANDREW MCKEAN  |  FRIDAY, 10 MAR 2023
... managers of the entities resorting to the scheme. "We are also keen for the overdue review of professional indemnity insurance to be commenced. A properly functioning PI sector would substantially reduce the calls on a CSLR." The FPA also took issue ...

Government introduces FAR, CSLR Bills

ANDREW MCKEAN  |  WEDNESDAY, 8 MAR 2023
... FAR will be jointly administered by APRA and ASIC with the regulators having powers to disqualify accountable persons and direct entities to reallocate responsibilities to address risks. Meanwhile, the CSLR aims to provide monetary compensation to eligible ...

TIP Group to acquire advice firm

CASSANDRA BALDINI  |  TUESDAY, 7 MAR 2023
... deferred payments. Last June, TIP acquired boutique firm Burman Invest, which was set up by Julia Lee, formerly of Bell Direct. At the time, the group said it was focused on identifying businesses with a "sustainable" and "competitive" advantage.

Optimum Pensions urges super trustees to insure mortality risk

ANDREW MCKEAN  |  TUESDAY, 28 FEB 2023
Optimum Pensions has urged super trustees to insure life expectancy and mitigate mortality risk to meet Retirement Income Covenant objectives. Optimum Pensions' ' The difference between insured and uninsured retirement products ' whitepaper said trustees ...

ClearView offloads managed investments unit

KARREN VERGARA  |  FRIDAY, 24 FEB 2023
ClearView will solely focus its efforts on life insurance after flagging that it found a buyer for its managed investments business as it also continues to review the future of its superannuation fund. Human Financial, an investment management and technology ...

Commonwealth Super Corp hires former MTAA investments lead

ELIZABETH FRY  |  FRIDAY, 17 FEB 2023
... investment officer of the merged entity. Before joining MTAA, Brown served as a prudential supervisor a the Private Health Insurance Administration Council for the three years to 2005 Earlier, he worked as an assistant manager of investments at Medibank ...

Netwealth reports significant growth

ANDREW MCKEAN  |  WEDNESDAY, 15 FEB 2023
Netwealth has reached $62.4 billion funds under administration (FUA) and posted record earnings in its H1 FY23 results. Netwealth's FUA grew 10.2% to the prior corresponding period (pcp). The company's underlying EBTIDTA, excluding non-cash share-based ...