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Showing 1351 - 1360 of 2326 results for "life insurance"

Govt change could spell more severe LIF bill: FPA

KERRIE SYDEE  |  THURSDAY, 21 APR 2016
A change in government could impact the severity of the recently lapsed Corporations Amendment (Life Insurance Remuneration Arrangements) Bill 2016, according to Financial Planning Association of Australia (FPA) chief executive officer Dante De Gori. ...

Government boosts ASIC with $127m package

ALEX BURKE  |  WEDNESDAY, 20 APR 2016
... regulatory reform"; and $57 million to enhance specific surveillance of the financial advice, responsible lending and life insurance industries. On top of this, the Government will also implement the proposed industry funding model for ASIC, so that ...

Commissions survive as life remuneration bill flatlines

ALEX BURKE  |  TUESDAY, 19 APR 2016
The Corporations Amendment (Life Insurance Remuneration Arrangements) Bill 2016 has lapsed due to prorogation, leaving the future of risk adviser remuneration unclear. The reforms in the bill banning volume-based payments, capping commissions and implementing ...

CommInsure appoints independent review panel

ALEX BURKE  |  MONDAY, 18 APR 2016
... assessment." The goal of the panel will be to address issues where CommInsure's claims committee recommends a "complex life insurance claim" be denied; in these instances, the new panel, plus CommInsure managing director Helen Troup, will independently ...

Zurich insurance appoints CFO, updates app

KERRIE SYDEE  |  FRIDAY, 15 APR 2016
... business, said the upgrade to the Adviser Flipchart app is a 'game-changer' for advisers seeking to engage clients on life insurance, increasing not only the effectiveness of that engagement but also the rate of client understanding of - and advocacy ...

Regulators defended in calls for Royal Commission

DARREN SNYDER  |  MONDAY, 11 APR 2016
... services industry has been subject to no less than 14 separate reviews into the superannuation, financial advice and life insurance sectors over a recent period of time. Some of these have led to legislation, increased regulation and better consumer ...

Government releases draft life insurance regulations

ALEX BURKE  |  FRIDAY, 8 APR 2016
The Government has released an exposure draft of the Corporations Amendment (Life Insurance Remuneration Arrangements) Regulation 2016 bill. The amended regulation allows temporary inclusion of stamp duty in commissions for death benefits while the ...

Life Insurance Risk Market inflows up 6.6%

KERRIE SYDEE  |  FRIDAY, 8 APR 2016
Overall life insurance risk market inflows continued to climb but at a slower rate in 2015, up 6.6% from $14.4bn to $15.4bn according to research from Plan for Life. All leading companies experienced increases in their risk business led by TAL (19.3%) ...

Global institutions join sustainable investment group

DARREN SNYDER  |  THURSDAY, 7 APR 2016
... joining the CFI include AllianceBernstein (AB); Babson Capital Management - a subsidiary of Massachusetts Mutual Life Insurance Company (MassMutual); CrA(C)dit Agricole CIB; European Investment Bank (EIB); HSBC Group; International Finance Corporation ...

Super governance at top of APRA agenda

MARK SMITH  |  MONDAY, 21 MAR 2016
... review have been addressed, and identify where further improvements in practices are still needed." In general and life insurance, APRA is conducting stress testing with a focus on "prudential soundness" following period of underperformance in the industry. ...