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Showing 171 - 180 of 207 results for "Rice Warner"

Rice Warner: opt-in cost applies to advisers in regular contact

MATT WOODINGTON  |  TUESDAY, 30 AUG 2011
... based on the assumption that advisers are already in contact with clients at least once every two years, according to Rice Warner who made the calculation. The government yesterday said that the $11 per client includes "set-up costs and the cost of chasing ...

FOFA: Opt-in obligations, ASIC

ELISE BURGESS  |  MONDAY, 29 AUG 2011
... light, despite industry opposition that it will be too expensive for advisers to complete. Shorten has adopted the Rice Warner estimate that opt-in would only cost around $11 per client, as advisers need only contact their client through phone, email ...

ANZ launches new life cover for over 50s

MATT WOODINGTON  |  WEDNESDAY, 27 JUL 2011
... undergo medical tests or health questions to get ANZ 50+ Life Cover, which can be bought over the phone. According to Rice Warner Actuaries, direct life insurance sales now account for almost 18% of the Australian life market. The forthcoming ban on ...

Life insurance gap down 33pc

ELISE BURGESS  |  FRIDAY, 1 JUL 2011
... 2005 to $669 billion in June 2010, based on the survival needs of families and dependants after death according to Rice Warner Actuaries. Comparably, the level of life underinsurance is $3,073 billion on an income replacement basis while total and permanent ...

Direct insurance secures major player status

ELISE BURGESS  |  THURSDAY, 9 JUN 2011
... insurance industry and as a real competitor to advisers and group insurance alike. According to latest figures from Rice Warner Actuaries' latest Direct Life Insurance Report, direct accounted for 11.8 per cent of in-force business with total sale for ...

Planners wrapped with super app

ELISE BURGESS  |  TUESDAY, 17 MAY 2011
... available at itunes, with the promise of more features to come. The "working retirement calculator" app, developed by Rice Warner, is part of a suite of superannuation apps with the retirement program available for free online to promote the use of branded ...

Advisers sacked, fees halved in "doom" scenario

ALISON BEVEGE  |  MONDAY, 2 MAY 2011
... revenue halved by 2024 is alarmist, the Association of Financial Advisers said today. The report by research house Rice Warner Actuaries stated the figures in an analysis of the impact of Future of Financial Advice (FOFA) reforms. The report was undertaken ...

Dealer groups miss commissions

ALISON BEVEGE  |  THURSDAY, 28 APR 2011
... for insurance they did not need, including children with negative superannuation account balances. Research house Rice Warner has said 26 per cent of dormant superannuation accounts have active life insurance policies causing balances to dwindle.

New super products and mergers may result - insurers

ELISE BURGESS  |  THURSDAY, 28 APR 2011
... 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 more Australians ...

Life insurance consuming dormant super fund balances

ALISON BEVEGE  |  WEDNESDAY, 13 APR 2011
... to dwindle through unnecessary fees, new figures show but financial planners can help. According to research house Rice Warner, just over 12 million active life insurance policies were attached to superannuation funds as of June last year. Rainmaker ...