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Showing 1491 - 1500 of 2326 results for "life insurance"

BTFG posts solid result

MARK SMITH  |  MONDAY, 4 MAY 2015
... 2012. Life in-force premium and general insurance gross written premium saw growth of 13% and 8% respectively. A Life Insurance lapse rate of 12.8% (as of September 2014) stacks up well against a market rate of 16.3%.

Institutions and independents tackling risk reforms

ALEX BURKE  |  THURSDAY, 30 APR 2015
AMP has announced reductions in upfront commissions for licensed advisers on all life insurance policies, adopting a hybrid commission structure. At the same time, members of Australia's largest independent adviser network, Centrepoint Alliance, have ...

FEATURE: Where next for risk advice?

ALEX BURKE  |  TUESDAY, 28 APR 2015
... Initiated by the Financial Services Council and the Association of Financial Advisers, the Trowbridge Review on Retail Life Insurance Advice was designed as an independent review following the Australian Securities and Investments Commission's Review ...

TAL pays out $1bn

DARREN SNYDER  |  MONDAY, 27 APR 2015
Life insurance payouts at TAL increased by 12.3% to $948 million during 2014. In a recent announcement TAL said majority of claims were taken out to help people while still living and that payment in the event of a death now accounts for 47.4% of benefits ...

AFA calls for adviser leadership

ALEX BURKE  |  FRIDAY, 24 APR 2015
... Advisers chief executive Brad Fox has said that advisers and licensees should take leadership roles in "pre-empting" life insurance reforms. Signalling the controversial Trowbridge Report as being the catalyst for self-directed industry reform, Fox said ...

Industry needs to act after Trowbridge report failure

ALEX BURKE  |  TUESDAY, 21 APR 2015
... Matthew Rowe. In a newspaper column, Rowe explained that this was because of disagreements between key members in the Life Insurance and Advice Working Group and "leaked submissions". The result, he argued, is an industry that urgently needs to "[repair] ...

Don't blame "churning" on advisers: Synchron

LAURA MILLAN  |  MONDAY, 20 APR 2015
Risk advice dealer group Synchron has asked industry stakeholders not to blame "churning" of life insurance policies only on advisers and demanded that insurers improve product design. Synchron noted that in the United Kingdom and in South Africa, "companies ...

Life insurance risk inflows reach $14.2bn

DARREN SNYDER  |  MONDAY, 20 APR 2015
Life insurance risk market inflows grew by 11.2% during 2014, reaching about $14.2 billion, according to the latest report from Plan For Life. The report shows all companies experienced increases in their risk business with the highest percentage growth ...

Trowbridge proposals will hit consumers hardest

ALEX BURKE  |  MONDAY, 20 APR 2015
... the FSI and Trowbridge recommendations, saying they are "unworkable, impractical and do not acknowledge the value life insurance advisers provide to consumers." He noted that the hybrid remuneration model proposed in ASIC's October 2014 Review of retail ...

Frydenberg sets fuse on Trowbridge time bomb

MARK SMITH  |  WEDNESDAY, 15 APR 2015
... an end to non-commission benefits, the inclusion of more providers on approved product lists and introducing a Life Insurance Code of Practice. "I think these are all really worthy of consideration," said Frydenberg. "My preference is that it is the ...