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| | | ... desperately need it," the AFA stated. Choice has made recommendations related to adviser remuneration, including banning life insurance commissions and asset-based fees. Choice claims that life insurance commissions "create a perverse incentive for advisers ... |
| | | | ... was involved in some of the contraventions and breached his duty of care and diligence as a director. The firms, which sold life, funeral and accidental injury insurance issued by St Andrew's Life Insurance, were labelled one of the "most egregious" ... |
| | | | ... young Australians so it's not surprising there's a trend towards taking measures to reduce ongoing financial stress in later life," Cameron stated. "Prioritising voluntary contributions from a young age is one way people can set themselves up for a more ... |
| | | | ... takes up the permanent appointment, effective immediately. Prior to joining AFCA in June 2020, Cameron was employed at MLC Life, firstly as chief claims officer and then later as chief operating officer working with advisers, corporate, and superannuation ... |
| | | | Willis Towers Watson named Sarah Pendred as its head of due diligence and private equity for Australasia within its mergers and acquisitions practice. Pendred will take up the role on July 11 and report to WTW director Steve Torresan. She will be based ... |
| | | | ... he stayed with for more than a decade. In a statement, he said the decision to retire is a reflection of where he is at in life, adding that he wants to spend more time with his family. "This transition had been orderly and planned, and I will continue ... |
| | | | ... what they want, which is mobile capability, "she said. "People want to track their investments like they do their social life and other aspects of their life, in their own time, in the palm of their hand." Looking to the next 25 years, Mather said adviser ... |
| | | | The life insurer has hired a senior iCare NSW executive to the role. Jane McGovern will take over as MLC Life's chief risk officer on September 19. She replaces acting chief risk officer Edwina Star who had joined from PwC in March following the ... |
| | | | ... analysis has previously shown that two-thirds of all the super fees - in dollars - a member will pay over the course of their life will be paid after they've retired. Couple this with their much higher balances, and retirement super becomes the most ... |
| | | | MLC Life Insurance has made improvements to its Income Assure and Income Assure+ products following adviser feedback. As a response to cost-of-living pressures, MLC has afforded customers the option to 'inflation proof' their cover to ensure ... |
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