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Showing 1551 - 1560 of 2326 results for "life insurance"

Labor considers ban on insurance commissions

LAURA MILLAN  |  TUESDAY, 14 OCT 2014
The Labor Party will consider introducing a ban on life insurance adviser commissions into its policy platform in response to last week's damning report on life risk advice from the Australian Securities and Investments Commission (ASIC). Speaking at ...

AFA questions ASIC life report

LAURA MILLAN  |  TUESDAY, 14 OCT 2014
... Fox raised concerns over the methodology of Australian Securities and Investments Commission's (ASIC) report on life insurance advice that was released last week. He told the media that there were questions over the methology of the report and also the ...

Upfront commissions linked to bad advice

JAMES FERNYHOUGH  |  FRIDAY, 10 OCT 2014
... adviser." ASIC gave one example where an adviser recommended a 50-year-old client on $56,800 a year to raise her annual life insurance premium from $1,676 per annum to $10,772 per annum. Half of this was to be paid through her superannuation, a figure ...

One third of risk advisers non-compliant, ASIC says

JAMES FERNYHOUGH  |  THURSDAY, 9 OCT 2014
Financial advisers specialising in life insurance must lift the quality of advice and ensure that the interests of their clients are given priority, the Australian Securities and Investments Commission (ASIC) has said. ASIC reviewed more than 200 advice ...

PROFILE: UniSuper CEO Kevin O'Sullivan

JAMES FERNYHOUGH  |  THURSDAY, 9 OCT 2014
... city, he studied commerce and actuarial science at the University of Toronto. His first job was as an actuary at life insurance company Canada Life. It was there that his lifelong association with pensions began. But in 1990, eight years into his time ...

Damien Mu elected to FSC board

JAMES FERNYHOUGH  |  WEDNESDAY, 8 OCT 2014
... the number of directors on the FSC board to 14, representing the investment management, retail superannuation and life insurance industries. Of those 14, three are women.

Insurers worried about striking balance between claims and price

STAFF WRITER  |  TUESDAY, 30 SEP 2014
... thing the industry could be doing to address current sustainability challenges was either educating members on life insurance products or the role employment can play in rehabilitation. To 40% of respondents, the greatest challenge to implementing a ...

Guardian and Asteron help launch pro bono adviser service

ALICE URIBE  |  FRIDAY, 19 SEP 2014
... this concept over the past two years and are very grateful for the assistance we have had from Guardian Advice and life insurance company Asteron Life. We are launching with a small network of senior advisers across the country and have many more on ...

Young Australians clueless about life insurance

JAMES FERNYHOUGH  |  WEDNESDAY, 17 SEP 2014
One in five younger Australians knows nothing about his or her life insurance through superannuation, a new report commissioned by the Association of Superannuation Funds of Australia (ASFA) has found. Overall the report found 40% of Australians had ...

IOOF embeds insurance panel to platform

LAURA MILLAN  |  MONDAY, 15 SEP 2014
... Protection and Zurich's Wealth Protection are the products available on the panel. These offerings include life insurance, temporal and permanent disability (TPD) and income protection. "Advisers and their clients will benefit from a flexible retail ...