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Showing 1461 - 1470 of 2326 results for "life insurance"

AIA sees $1.9bn premium growth

DARREN SNYDER  |  FRIDAY, 17 JUL 2015
AIA recorded the highest percentage growth among Australia's life insurance risk premium inflows during the 12 months to March 2015 according to Plan for Life data. AIA grew 20.2%, recording $1.87 billion in inflows, seeing them jump from fifth to third ...

Advisers should beware industry "frenemies"

ALEX BURKE  |  WEDNESDAY, 15 JUL 2015
... Institute white paper, Connected Convenience, Fox said that multiple industries - including supermarkets selling life insurance products, industry funds providing internal advice to members, accountants with Australian Financial Services Licences and ...

Rice Warner highlights $1.8trn insurance gap

ALEX BURKE  |  TUESDAY, 14 JUL 2015
... gap in Australia, according to Rice Warner's Underinsurance in Australia report. The report is based on levels of life insurance, total and permanent disability (TPD) and income protection as at June 30, 2014. The "gap" is determined by comparing the ...

AIA renews commitment with SuperFriend

STAFF WRITER  |  TUESDAY, 14 JUL 2015
... assistance for members suffering from mental health issues. Mental illness is one of the top three claims in the life insurance industry, estimated to cost around $160 million dollars a year in income protection and disability claims. "Occupational rehabilitation ...

ASIC bans former risk adviser

ALEX BURKE  |  THURSDAY, 9 JUL 2015
ASIC has banned a life insurance adviser from former Macquarie Group subsidiary Risk Advice Specialists. Risk Advice Specialists, which described itself as "100% backed by Macquarie," was a boutique risk-focused dealer group established in 2012. It ...

FSC revamps board, policy team

LAURA MILLAN  |  FRIDAY, 3 JUL 2015
... Foreign Affairs and Trade. Economist Spiro Premetis also joined the FSC in 2014 as policy manager for economics and life insurance and was previously a departmental liaison officer with the Commonwealth Treasury. The FSC Board now comprises: Chairman ...

AustralianSuper to pay early insurance to terminally ill

DARREN SNYDER  |  WEDNESDAY, 1 JUL 2015
... savings yet the country's largest industry fund has gone a step further and negotiated for the early release of life insurance benefits. AustralianSuper head of insurance, Richard Weatherhead, said the super fund wanted to make sure members are not forced ...

ASIC reviews One Big Switch, bans adviser

DARREN SNYDER  |  TUESDAY, 30 JUN 2015
... compliance with financial services laws, Kemp Strang Lawyers found advertising that suggested an "average 30% saving on life insurance" may have been false or misleading. This took into consideration that pricing for the product depended on the health ...

Trowbridge salutes risk reforms package

ALEX BURKE  |  FRIDAY, 26 JUN 2015
Life Insurance and Advice Working Group (LIAWG) chair John Trowbridge has applauded the industry-led risk reforms package. After the industry bodies behind the LIAWG - the Association of Financial Advisers, Financial Planning Association of Australia ...

Risk reforms ignore key adviser concerns

ALEX BURKE  |  THURSDAY, 25 JUN 2015
... the reform improved on the initial Trowbridge report, but it failed to address the fact that the real trigger for life insurance churn is "Australia's love-affair with yearly renewable premium rates." Trapnell said that because premiums become more expensive ...