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Showing 131 - 140 of 326 results for "Onepath"

Regulators name laggard life insurance providers

KARREN VERGARA  |  MONDAY, 1 APR 2019
... income insurance claims showed AMP takes about 3.2 months to process, followed by AIA Australia at 2.5 months and ANZ OnePath at 2.4 months. In terms of dispute duration, the regulators found Hannover Re took 17.3 months on average to resolve two death ...

Banks move to derisk, workforces shrink

KANIKA SOOD  |  MONDAY, 25 MAR 2019
... advice. Commonwealth Bank has delayed its planned demerger but said it remains committed to exiting wealth. Meanwhile, the OnePath/IOOF transaction has been put on ice, pending the outcome of the APRA investigation. Finally, NAB is reportedly hunting ...

TAL goes back-to-back at AFA awards

HARRISON WORLEY  |  MONDAY, 18 MAR 2019
... recently. The life insurer took home the top gong as Platinum Winner of the AFA Life Company of the Year Award, beating AIA, OnePath Life and Zurich to the prize. The awards recognised the life insurance sector for its contribution to the advice profession ...

New reforms to smash major super funds

JAMIE WILLIAMSON  |  TUESDAY, 26 FEB 2019
AMP, Hostplus and ANZ OnePath will be hit hardest by the Protecting Your Super package, according to latest Rainmaker insight. More than five million superannuation accounts are set to benefit from the new legislation passed through the Senate last ...

Life risk commissions must also go: Hayne

KANIKA SOOD  |  MONDAY, 4 FEB 2019
... $6.1 billion to advisers in commissions for selling life insurance products over five years. MLC paid out $1.2 billion, OnePath paid $1 billion, TAL $840 million, Westpac $697 million (plus $158 million in grandfathered commissions on life insurance ...

Outflows dent IOOF advice, funds businesses

KARREN VERGARA  |  MONDAY, 4 FEB 2019
... will legally separate the pensions and investments business. It will also allow the business' independent trustee, OnePath Custodians, to separately consider the transfer of the business. Last December, APRA moved to impose licence conditions on ...

IOOF, ANZ deal not in best interests of members: Morningstar

JAMIE WILLIAMSON  |  WEDNESDAY, 16 JAN 2019
... of amendments to the contract of sale agreed between IOOF and ANZ, the research house said its base case remains that OnePath Custodians will not approve the successor fund transfer to IOOF. "Under the circumstances, we believe it will be difficult for ...

ANZ, IOOF revise wealth sale agreement

JAMIE WILLIAMSON  |  TUESDAY, 15 JAN 2019
... the legal separation of the pensions and investments business. It will also allow the business' independent trustee, OnePath Custodians, to separately consider the transfer of the business. A further provision will see the annual coupon rate of 14.4% ...

MGP shuffles leadership team

KARREN VERGARA  |  MONDAY, 14 JAN 2019
... industry spans custody, registry, managed accounts, investment research, wraps and superannuation. She previously worked at OnePath and BNP Paribas. Neil Pattinson was promoted to business development manager for New South Wales and Queensland. Pattinson's ...

TAL and Zurich lead inflows, CommInsure lags: Strategic Insights

KARREN VERGARA  |  WEDNESDAY, 9 JAN 2019
... Commission, ClearView registered a high 12.4% growth over the period. For the group insurance segment, MetLife (14.5%) and OnePath (5.7%) recorded well above-average percentage increases in annual inflows, Strategic Insights said. AIA Australia ($1.9bn) ...