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Showing 1651 - 1660 of 2326 results for "life insurance"

Risk adviser sentiment up in 2013

LAURA MILLAN  |  THURSDAY, 12 DEC 2013
... were also more optimistic about their current and immediate future sales volumes, and overall consumer demand for life insurance advice. However, 49.5% had a negative sentiment about the current regulatory environment and only 26.5% felt positive about ...

APRA issues draft group insurance PPG

ALEX DUNNIN  |  TUESDAY, 10 DEC 2013
APRA has written to life insurance chief executives announcing a new draft Prudential Practice Guide (PPG) for how they should handle operational and business issues and risks surrounding group insurance sold to super funds. The regulator said the PPG ...

Bankrupt adviser gets nine month ban

STAFF WRITER  |  TUESDAY, 3 DEC 2013
... The ban will be lifted when McCreath's bankruptcy ends. McCreath was an authorised representative of Australian Life Insurance Distribution Pty Ltd and provided statements of advice. He has the right to lodge an appeal with the Administrative Appeals ...

Kinetic Super appoints director to replace Fisher

JAMES FERNYHOUGH  |  TUESDAY, 3 DEC 2013
... representative. She has extensive board experience, including Adelaide Managed Funds Ltd, APA Ethane Limited and HCF Life Insurance. Kinetic Super chief executive Megan Bolton said: "Ms Fox brings remarkable experience in investments, regulatory frameworks ...

Rice Warner warns of massive TPD underinsurance

JAMES FERNYHOUGH  |  TUESDAY, 3 DEC 2013
... entitled 'Underinsurance in Australia', found that an average Australian couple aged 40 with children required life insurance cover of approximately 10 times annual earnings just to repay debts and maintain current living standards. To maintain the same ...

AIA hoping to increase engagement through fitness

LAURA MILLAN  |  WEDNESDAY, 27 NOV 2013
... entertainment and travel purchases. "We need to find new ways to connect and engage with Australians about the need for life insurance," AIA chief executive Peter Crewe said. "By shifting the conversation to that of preventative health and wellness ...

AustSuper denies member exploitation of group insurance

JAMES FERNYHOUGH  |  WEDNESDAY, 27 NOV 2013
AustralianSuper chief executive Ian Silk has denied that 'automatic acceptance' to the fund's group life insurance offering is being exploited. AustralianSuper's insurer, TAL, recently announced that its profits were down by almost 60% from the same ...

AIA adds Priority Protection range to three platforms

HARRY PAGE  |  THURSDAY, 21 NOV 2013
... process becoming the biggest group life insurer by market share in Australia. AIA Australia Limited is an independent life insurance specialist and one of the country's leading life insurers. Building partnerships is at the core of AIA's business strategy ...

Insurance profit falls 25% in 2013

LAURA MILLAN  |  WEDNESDAY, 20 NOV 2013
... Septembr 2013, down from $3.1 billion the year before, the Australian Prudential Regulation Authority (APRA) quarterly life insurance performance report showed. Indications that life insurance companies are experiencing a surge in claims seem to be confirmed ...

TAL's profits take a beating

JAMES FERNYHOUGH  |  MONDAY, 18 NOV 2013
... period last year. This hefty fall in profits demonstrates the severity of the crisis currently plaguing the group life insurance market. TAL chief executive Jim Minto said that the entire industry was in a "period of adjustment." "The reporting season ...