Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1811 - 1820 of 7046 results for "Insurance"

South Australian wealth firms merge

KANIKA SOOD  |  WEDNESDAY, 13 MAY 2020
... wealth advisory firm. It specialises in financial solutions (wealth management, auditing, finance, superannuation and insurance) to business owners, investors, families and high net-worth individuals. Wotherspoon was Adelaide's first truly independent ...

ASIC bans RC case study adviser

HARRISON WORLEY  |  TUESDAY, 12 MAY 2020
... Sekhon did not take into account her clients' specific circumstances, and in some cases failed to consider existing insurance arrangements and the potential impact on retirement savings of products she recommended. Finally, former ClearView adviser Alan ...

Insurer invokes financial hardship policy

ELIZA BAVIN  |  MONDAY, 11 MAY 2020
... affected by the pandemic to recover, and to aid the general functioning of the economy. "ASIC expects insurers to handle insurance claims with utmost good faith and to deal with complaints genuinely, promptly, fairly and consistently," the regulator ...

Macquarie advice shift offers mixed results

HARRISON WORLEY  |  FRIDAY, 8 MAY 2020
... exchange movements. However, those impacts were partially offset by recent market movements, a reduction in contractual insurance assets and divestments by managed funds. Overall, Macquarie's net-profit of $2.7 billion is 8% on last year's result ...

AMP NZ wealth divestment off

ALLY SELBY  |  FRIDAY, 8 MAY 2020
... time, AMP said it was still on track to divest from its New Zealand wealth management business, as well as its life insurance business AMP Life.

Frontline worker death nominations spike

ELIZA BAVIN  |  THURSDAY, 7 MAY 2020
... chief executive of Catholic Super and Equipsuper has shared new data revealing a sharp increase in enquiries on life insurance and updates to death nominations for essential workers. Scott Cameron said the five offerings over which he serves as trustee ...

Insurtech investments down 54% in March quarter

KANIKA SOOD  |  THURSDAY, 7 MAY 2020
Life insurance startups saw their share of total and early-stage funding to insurtechs shrink, as total investment in the sector dropped in the March quarter. Insurtechs attracted US$912 million in the first quarter across the globe but the deal activity ...

QSuper not to appeal AFCA win

KANIKA SOOD  |  THURSDAY, 7 MAY 2020
... refused to refund Lam, saying on 27 May 2016, it sent Lam sufficient information to allow him to apply for changes to his insurance cover and qualify for a reduced premium. On 1 August 2019, AFCA decided the complaint in favour of Lam. QSuper appealed ...

Industry fund swaps insurers

KANIKA SOOD  |  WEDNESDAY, 6 MAY 2020
... and $1.179 both death and TPD. Members with death and/or TPD cover will no longer be able to elect to continue their insurance under an individual policy if they leave the fund. While IP had already transitioned to OnePath last year, the terms will be ...

Almost $1bn wiped off risk market

ELIZABETH MCARTHUR  |  WEDNESDAY, 6 MAY 2020
Overall risk insurance market inflows declined in 2019 breaking what was a decades long history of increases, year on year they were down by 4.5%. According to data from Plan For Life Actuaries, risk insurance inflows fell from $16.5 billion to $15.7 ...