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| | | ... representing about $2.7 trillion managed by 100 members across Australia's wholesale and funds management, superannuation, life insurance, adviser networks and trustee companies has added several recommendations to its pre-Budget submission this year. ... |
| | | | Westpac's wealth management and insurance arm yielded $1.2 billion in revenue in the six months to 31 March 2018, an increase of 5% on 2H17. Overall BT Financial group added $404 million in cash earnings to Westpac Group's interim results, with the ... |
| | | | ... many of whom are Australians serving its customers across wealth management, superannuation, financial advice, life insurance, asset management and banking," Murray said. "It is a significant financial institution and needs to play a role within the ... |
| | | | ... an $11 billion industry superannuation fund recently joined AMP in a role that will focus on new and existing group insurance clients. Former Local Government Super chief executive Peter Lambert moved to AMP in April. He joined the wealth manager as ... |
| | | | ... its members desire. The fund also said it employs 55 financial advisers across the nation to provide superannuation, insurance and retirement strategy advice. "In our experience, UniSuper members are showing a clear preference for face-to-face advice. ... |
| | | | ... advisers act as authorised representatives of the business (proprietary and aligned). The bank already sold its life insurance business, under the MLC brand, to Nippon Life in 2015. In a media briefing, NAB chief executive Andrew Thorburn said the divestment ... |
| | | | An overwhelming number of people who work in life insurance believe the industry needs government backing so it can properly regulate. In a survey conducted by DST Systems, a large number of respondents (85%) want to engage with ASIC to strengthen the ... |
| | | | ... O'Dwyer, saying: "AFCA will be able to deal with complaints about financial firms including banks, credit providers, insurance companies and brokers, financial advisers, managed investment schemes and superannuation trustees." "It will operate significantly ... |
| | | | ... balances. The two entities have worked together since 1988. In November 2017 the super fund reduced the rate of life insurance and TPD premiums by 7%, locked in for three years. It previously did the same for income protection cover. |
| | | | ... advice, and also whether statutory carve-outs to the ban on remuneration - including the recent carve-out in relation to insurance commissions - should be maintained. The FPA has already responded in part, saying in a communication to members that it ... |
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