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Showing 1931 - 1940 of 7046 results for "Insurance"

Lowe snaps back at critics

ELIZA BAVIN  |  THURSDAY, 6 FEB 2020
... as a whole we have taken into account that there will be a material rebuilding effort and that government grants and insurance payments will assist many people," Lowe said. "On this basis, our assessment is that GDP growth for 2020 as a whole will be ...

AMP to pay $5m for churn

JAMIE WILLIAMSON  |  WEDNESDAY, 5 FEB 2020
... pay $5.175 million for failing to ensure its financial advisers complied with the best interests duty by engaging in insurance churn. In a case brought in June 2018, ASIC alleged that a number of AMP Financial Planning advisers engaged in 'rewriting ...

Former ANZ Wealth retirement head joins CoreLogic

KANIKA SOOD  |  TUESDAY, 4 FEB 2020
... manager of banking and finance solutions for Australasia. In her most recent role, Malev was ANZ's head of general insurance business. In the role, she was responsible for P&L, strategic partnership management, business strategy and execution, CoreLogic ...

FSC sheds light on cancer impact

HARRISON WORLEY  |  TUESDAY, 4 FEB 2020
New life insurance claims data shows the impact cancer continues to have on the lives of Australians, with more than $1.5 billion paid out in the last financial year. According to data produced in partnership between the Financial Services Council and ...

Corrupt adviser banned, AFSL canned

ALLY SELBY  |  TUESDAY, 4 FEB 2020
... The ASIC review found the Smart Solutions director recommended clients switch out of their existing superannuation and insurance products into higher fee paying products. It also found he had used a "layered advice" strategy which would confuse clients ...

Dealer group restructures leadership

ELIZABETH MCARTHUR  |  TUESDAY, 4 FEB 2020
... Trapnell will be stepping back from day-to-day involvement in Synchron. He has dedicated more than five decades to the life insurance and financial advice industries, and has led Synchron for more than 20 years. Unveiling Synchron's succession plan ...

Former dealer group chief to lead Australian Ethical

HARRISON WORLEY  |  TUESDAY, 4 FEB 2020
... difference." McMurdo has also previously served as chief executive of Centric Wealth Management. He also led AMP's life insurance business in New Zealand, as well as the wealth manager's local marketing efforts.

Sargon companies in administration

KANIKA SOOD  |  MONDAY, 3 FEB 2020
... if its Chinese creditors. In a statement to Financial Standard, Sargon said one of its creditors, Chinese state-owned insurance company Taiping Trustees has appointed McGrathNicol as administrator. The group also confirmed its chair, Robert Rankin, resigned ...

The PDS is weak: Rice Warner

ELIZABETH MCARTHUR  |  MONDAY, 3 FEB 2020
... to play in how a PDS functions. The insights explained that prior to the Superannuation Guarantee in 1992, the life insurance industry dominated the provision of long-term savings. "The life companies paid upfront commissions to salespeople for procuring ...

Ongoing fees, advice fees in super to be reformed

ELIZABETH MCARTHUR  |  FRIDAY, 31 JAN 2020
... additional commitments from the Royal Commission. The proposed new legislation also covers limiting avoidance of life insurance contracts. "We are on track to meet the accelerated timetable outlined in our implementation roadmap," Treasurer Josh Frydenberg ...