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Showing 2261 - 2270 of 2326 results for "life insurance"

APRA releases tough standards for insurance industry

... requirements for approved actuaries to produce an annual financial condition report, as has been the practice in the life insurance industry for many years," APRA member Steve Somogyi says. The reforms are designed to provide clear guidance for the insurance ...

Zurich revamps its life risk products

... angioplasty to trauma cover; higher maximum cover levels; and needlestick and premium waiver options for the Zurich Term Life Insurance Plus offering. Zurich Australia head of life risk Chris Kirby says, "Zurich strives to constantly enhance its offerings ...

BankWest parent picks up RACV Financial Services

... 1.3 million members. SAFS services will continue to include advice and products within the wealth management and life insurance sector as well as other products from within the HBOS group. The deal would also allow HBOS to provide these services to BankWest ...

Clearview and MBF Life agree to correct unit pricing errors

... Prudential Authority (APRA) and ASIC, have both agreed to correct errors pertaining to the unit prices of some life insurance and superannuation products. The errors relate to external management fees that were allocated incorrectly to the unit prices ...

ASIC alerts super fund members about large exit fees

... theses funds. The funds in question are known as 'old style' or 'legacy' accounts and were most likely sold by life insurance companies before 1993 when compulsory superannuation began. The exit fees these funds charge are long-expiry fees and were designed ...

IFSA says international tax bill will attract $15 billion in capital inflow

... compared to overseas competitors," adds Gilbert. IFSA's 100 membership of the retail, wholesale funds management and life insurance industry is responsible for investing $770 billion on behalf of Australians.

AMP Capital Investors returns to favour

... of post-demerger results for AMP are encouraging and underline our continuing transformation from a traditional life insurance company to a modern wealth management company," chief executive officer, Andrew Mohl, said in a statement released to the Australian ...

Annuity asset test changes lead to strong inflows

Australian Prudential Regulation Authority (APRA) life insurance statistics have shown $10.9 billion of life office premiums were received during the September 2004 quarter, a 28 per cent increase from the same time last year, on the back of changes ...

Choice regulations offer no surprises as consultation moves to next phase

... Retirement Savings Accounts (RSA) in the default fund category. "We believe that all default funds should offer a life insurance component and RSA do not," said ASFA CEO Philippa Smith. The draft regulations and standard choice form can be found on the ...

Insurance continues slow downward slide

Life insurance premium inflows continued to slide but were offset by lower policy payments according to life insurance market data released today by the Australian Prudential Regulatory Authority (APRA). The data covers the quarter to June of this year ...