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Showing 1501 - 1510 of 2326 results for "life insurance"

ClearView predicts end of independent financial advice

ALEX BURKE  |  WEDNESDAY, 1 APR 2015
... it must foster competition and take into account the real and tangible upfront costs associated with delivering life insurance advice, the validity of appropriate replacement business, the need to adequately support new client acquisition and the entry ...

Competition for annuities likely to remain low

LAURA MILLAN  |  FRIDAY, 27 MAR 2015
... recommendations, "the banks currently have capital constraints and have recently experienced losses and low returns in their life insurance businesses." For this reason, they are likely to prefer "allocating capital to high ROE mortgages rather than ...

Industry, government respond to Trowbridge report

ALEX BURKE  |  FRIDAY, 27 MAR 2015
... The government and industry bodies have responded to the recommendations in John Trowbridge's Review of Retail Life Insurance Advice. The Treasury was broadly supportive, with Assistant Treasurer Josh Frydenberg commenting that the report "makes a significant ...

Treasury starts consultation for higher advice standards

STAFF WRITER  |  FRIDAY, 27 MAR 2015
... The model would be applicable to personal advice on Tier 1 financial products, including shares, superannuation, life insurance and managed investment schemes, are set out in the diagram overleaf. Treasury confirmed that the closing date for submissions ...

AFA can't give Trowbridge report "complete support"

ALEX BURKE  |  FRIDAY, 27 MAR 2015
The Trowbridge report's recommendations will likely increase the cost of life insurance for Australians, the Association of Financial Advisers (AFA) cautioned. Specifically, AFA chief executive Brad Fox noted that because the Initial Advice Payment ...

Trowbridge releases final report

ALEX BURKE  |  THURSDAY, 26 MAR 2015
The final version of the Trowbridge Review on Retail Life Insurance Advice has been released. Initiated by the Financial Services Council (FSC) and the Association of Financial Advisers (AFA), it was designed as an independent review following the Australian ...

FSC announces life insurance award winners

ALEX BURKE  |  THURSDAY, 26 MAR 2015
The winners of the FSC's 2015 Life Insurance Awards have been announced. Speaking at the FSC Life Insurance Conference 2015, FSC chief executive Sally Loane congratulated NAB's Eleanor Hartmann (Young Achiever) and Sean McCormack (Leadership Award) ...

Life cover shifting to younger, lower-income households

ALEX BURKE  |  TUESDAY, 24 MAR 2015
Appetite for life insurance is growing in younger, lower-income households and dropping in older, more affluent demographic groups. This is the conclusion of TAL's 2015 Australian Financial Protection Index, based on an online survey of 1,266 Australians ...

Affinia develops life insurance advice tool

ALEX BURKE  |  THURSDAY, 19 MAR 2015
... Advisers has unveiled The Strategic Advice Cashflow Tool, software designed for delivering "best interest"-compliant life insurance advice. Affinia's tool comprises a "needs analysis and cashflow calculator" and forms a part of the group's risk management ...

FSC supports longer threshold for unclaimed life insurance

ALEX BURKE  |  THURSDAY, 19 MAR 2015
... Financial Services Council chief executive Sally Loane has applauded the Treasury's decision to extend the unclaimed life insurance threshold back to seven years. Since 2012, bank accounts and life insurance policies could be inactive for three years ...