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Showing 161 - 170 of 459 results for "AST"

Life insurers paid $6.9bn in claims in 2015

MARK SMITH  |  WEDNESDAY, 11 MAY 2016
Mainstream life insurance companies paid out a total of just over $6.9 billion in claims in 2015, according to figures from The Risk Store. The statistics show that a total of 89,291 claims were paid for an average $77,279 per claim. Put another way ...

KPMG targets super to fix deficit

MARK SMITH  |  THURSDAY, 28 APR 2016
Superannuation tax concessions should be reduced to fix Australia's ballooning structural deficit, according to global audit, tax and advisory services provider KPMG. The company has specifically recommended that the annual income threshold at which ...

Asteron Life upgrades adviser facility

DARREN SNYDER  |  WEDNESDAY, 27 APR 2016
Pending remuneration changes in the life insurance industry has led to Asteron Life launching its upgraded adviser service fee facility. The enhanced facility enables an automated collection and payment service for advice fees charged to clients, which ...

Ausbil wins industry fund mandate

MARK SMITH  |  WEDNESDAY, 20 APR 2016
Ausbil Investment Management has been awarded an Australian equity mandate by a prominent industry super fund. Prime Super has tasked the fund manager with managing $100 million through its Australian Active Equity Strategy. Managed by chief executive ...

LIF expected before parliament this week

ALEX BURKE  |  THURSDAY, 11 FEB 2016
The Life Insurance Framework is expected to be put to the House of Representatives by Assistant Treasurer Kelly O'Dwyer this week. The government released exposure draft legislation in December 2015, based on the framework, which O'Dwyer said at the ...

Asteron creates LIF-ready adviser commissions

ALEX BURKE  |  MONDAY, 18 JAN 2016
Asteron Life has announced a new selection of adviser commission options for its life insurance products. The new options are customised commission rates, new hybrid rates or wholesale rates for fee-for-service models. The customised rate includes a ...

Advice beats direct insurance for Aussie consumers

ALEX BURKE  |  MONDAY, 14 DEC 2015
The majority of Australian consumers prefer to purchase insurance policies through financial advisers rather than directly. This is the conclusion of Asteron Life's Attitude to Life Adviser Insights report, which surveyed 1,515 Australians across every ...

The world of ASFA according to Twitter

MICHELLE BALTAZAR  |  TUESDAY, 1 DEC 2015
A rocket scientist, an Oscar winner and a literary figure walked into a bar. No, wait, a superannuation conference. It was the superannuation conference that launched a thousand tweets. 1,493 to be exact over a three-day period. This may sound miniscule ...

AFA gives Education, Michael Murphy awards

MARK SMITH  |  TUESDAY, 27 OCT 2015
The Association of Financial Advisers (AFA) has given out the 2015 AFA Excellence in Education Award and the Michael Murphy Award. Charles Badenach of Main Street Financial Services has been awarded the 2015 AFA Excellence in Education Award. The award ...

Super becoming the fifth estate

ALEX DUNNIN  |  MONDAY, 14 SEP 2015
After finishing school in 1979 and before I started university I worked for three months as a kitchen hand in the New Zealand tourist resort of Milford Sound. On my half days off each week I would sometimes join one of the launch cruises that would ...