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Showing 1411 - 1420 of 2326 results for "life insurance"

Life Insurance Framework fear fading

ALEX BURKE  |  TUESDAY, 3 NOV 2015
The overwhelming majority of advisers are "glad" rather than "mad, sad or scared" about the looming Life Insurance Framework, according to Association of Financial Advisers chief executive Brad Fox. Despite continued uncertainty regarding specific LIF ...

Zurich cleans up at Plan For Life awards

ALEX BURKE  |  THURSDAY, 29 OCT 2015
Zurich has won in three categories at Plan For Life's 2015 Direct Life Insurance awards. Aside from the overall Direct Life Insurance Excellence Award, Zurich also picked up the Term Life and Customer Service for Life Companies awards. Held in Sydney ...

IAG appoints COO from Suncorp

ALEX BURKE  |  THURSDAY, 29 OCT 2015
... Peter Harmer, who will replace incumbent chief executive Mike Wilkins in November. Meanwhile, at Suncorp, interim life insurance chief executive Gary Dransfield will take over Milliner's position. "Mark is one of our sector's leading executives and we ...

MLC insurance sale to cost NAB $1.5bn

LAURA MILLAN  |  THURSDAY, 29 OCT 2015
... simplifying the superannuation business, which includes eight super funds and three administrators. MLC's current life insurance business includes $1.8 billion of premiums in force and approximately 1,000 employees. NAB values the life insurance business ...

NAB sells insurance business to Nippon Life

LAURA MILLAN  |  WEDNESDAY, 28 OCT 2015
National Australia Bank (NAB) has sold 80% of its MLC life insurance business to Japanese insurer Nippon Life for $2.4 billion. NAB will retain ownership of its superannuation, platforms, advice and asset management businesses. It will also retain the ...

Standing up for risk advisers

ALEX GAMBOTTO-BURKE  |  MONDAY, 26 OCT 2015
The Association of Financial Advisers remained a part of the Life Insurance Framework discussions to avoid a "lottery" in the Senate, according to chief executive Brad Fox. Speaking at the AFA 2015 National Adviser Conference in Cairns, Fox discussed ...

FEATURE: Reshaping insurance

ALEX BURKE  |  THURSDAY, 22 OCT 2015
... actuary to help us understand what would be fair value for our members in terms of giving them different forms of life insurance. And when it came to the more recent review, we found that AIA met the criteria. "We're not just looking for an insurer who ...

Financial System Inquiry response cut-out-and-keep guide

MARK SMITH  |  TUESDAY, 20 OCT 2015
... innovative product disclosure should be removed." Key measures: By end-2015: Address misalignment of incentives in life insurance. By end-2016: Develop legislation to broaden ASIC toolkit including greater banning and product intervention powers. Regulation ...

Government to lift advice standards by law

LAURA MILLAN  |  TUESDAY, 20 OCT 2015
... to consider if the new framework has raised the professional standards of advisers. The response's approach to life insurance is different to that recommended by David Murray's FSI report. "We support the retail life insurance industry's proposed reforms ...

Synchron appoints state manager

ALEX BURKE  |  THURSDAY, 15 OCT 2015
... said. He added, "We are delighted to appoint someone of Jason's calibre. With more than 12 years' experience in the life insurance industry, we believe he has the right skills, experience and relationships to help drive Synchron's business growth in ...