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

Search Results

Showing 1851 - 1860 of 2326 results for "life insurance"

Dealer groups miss commissions

ALISON BEVEGE  |  THURSDAY, 28 APR 2011
... Dealer groups today welcomed the future of financial advice reforms - but unanimously disapproved of the banning of life insurance commissions within superannuation funds. MLC & NAB Wealth, AMP and AXA, and BT Financial Group said they were happy the ...

New super products and mergers may result - insurers

ELISE BURGESS  |  THURSDAY, 28 APR 2011
... outside super if they want to stay on a commissions basis structure,' said Richard Weatherhead, director and head of life insurance of Rice Warner Life insurer CommInsure said it supports the reforms that improve the quality of financial advice and enable ...

Less conflict, more interest: FOFA

MICHELLE BALTAZAR  |  THURSDAY, 28 APR 2011
... Australia's largest life insurers and they acknowledge that the world will go on and that the real challenges in life insurance are not affected by us outlawing fees and commissions on insurers." He explained that because superannuation is compulsory ...

Super insurance commission ban not what it seems

ALEX DUNNIN  |  THURSDAY, 28 APR 2011
... advisers an estimated $460 million in lost revenue. But as big as this figure is, it's only 15% of total estimated life insurance commission revenue, as according insurance researcher Plan For Life, life insurance risk premiums were $9.4 billion last ...

CBA funds get small Q1 lift

MATT WOODINGTON  |  WEDNESDAY, 27 APR 2011
... (CBA) registered a 0.2 per cent rise in its funds under administration during the March 2011 quarter and its Retail Life insurance premiums also experienced growth. The bank reported that strong investment market returns had driven its funds under administration ...

Clients want commissions - AFA

ELISE BURGESS  |  WEDNESDAY, 27 APR 2011
Financial planning clients want commissions to remain on life insurance products, according to research by the Association of Financial Advisers. The AFA research, conducted by CoreData and sponsored by AIA Australia, surveyed corporate super and life ...

Planners train up for social media regulations

ELISE BURGESS  |  TUESDAY, 19 APR 2011
... they present. The subscription-based app, 'Insight: Advisor Series', can be accessed online and was launched by Life Insurance Marketing Research Association (LIMRA) and social mediaware firm Socialware. Chad Bockius, chief executive, Socialware said ...

Merger gets Japan FSA thumbs up

ELISE BURGESS  |  MONDAY, 18 APR 2011
The $1.2 billion merger between TOWER Australia and Dai-ichi Life Insurance Company (Dai-ichi Life) continues after Financial Services Agency of Japan (FSA) gives the green light. The FSA has now approved the proposed acquisition of the remaining shares ...

Life insurance consuming dormant super fund balances

ALISON BEVEGE  |  WEDNESDAY, 13 APR 2011
More than 25 per cent of dormant superannuation accounts have active life insurance policies causing balances to dwindle through unnecessary fees, new figures show but financial planners can help. According to research house Rice Warner, just over 12 ...

Funds to talk insurance

ALISON BEVEGE  |  FRIDAY, 8 APR 2011
... Australia's underinsurance problem if they communicated more with members, AIA Australia's chief executive told the 2011 Life Insurance Conference in Sydney this week. Damien Green, head of the Australian arm of the pan-Asian life insurance group, said ...