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| | | The Australian market looks set to open higher after world markets rallied on hopes the US Federal Reserve would respond to mounting signs of weakness in the global economy. At 0750 AEST on Thursday, the September share price index futures contract ... |
| | | | Diversified financial group IOOF has reported statutory net profits after tax have risen by 28.4% to $99.5 million in its annual results released today. Chris Kelaher, managing director of IOOF, said it was a very pleasing result and had come despite ... |
| | | | "Don't push me cause I'm close to the edge I'm trying not to lose my head, ah-huh-huh-huh" - The Message by Grandmaster Flash and the Furious Five Recession worries, it seems, travel fast. After doing a tour of the USA, they are now doing the rounds ... |
| | | | Life risk insurance is enjoying steady growth and group risk sales have jumped as large deals change hands, latest figures show. Risk premium inflows increased to $9.5 billion in the year to March, an increase of 10.4% over the $8.6 billion collected ... |
| | | | TAL, formally Tower Australia, continues to reshape its insurance products, offering new features on its group life products to streamline adviser processes. TAL's group life and group salary continuance product offerings for the corporate market now ... |
| | | | Tower Australia has upgraded its technology and underwriting processes based on risk adviser feedback, including broader trade income protection terms. Brett Clark, chief executive of Retail Life, Tower, said the insurer spoke to risk advisers for feedback ... |
| | | | Telstra Super has made changes to its insurance design, reducing the price of income protection, death and total and permanent disability (TPD) cover. The fund, insured by TOWER Australia, has cut income protection and death and TPD premiums by up to ... |
| | | | Group insurance companies are experiencing a shift in the focus of super fund clients with an increasing impetus on innovation, simplicity and slick claims processes. As funds look to play their part in tackling Australia's under-insurance problem ... |
| | | | Over 200 planning groups will soon have mobile phone access to portfolio administration provider Praemium's V-Wrap platform with ready access to portfolio summary and market data services. Praemium's V-Wrap Mobile technology will provide financial planner ... |
| | | | Life insurer, Tower Australia, has taken a first step after the proposed FOFA banning of commissions on risk products. The insurance giant has joined with online financial portfolio administrator, Praemium which will give Tower access to its 200 planner ... |
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