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Showing 2681 - 2690 of 7046 results for "Insurance"

Industry fund signs on to insurance code

HARRISON WORLEY  |  THURSDAY, 19 APR 2018
A super fund with more than $1.5 billion in assets under management has adopted the Insurance in Superannuation Voluntary Code of Practice. REI Super is the latest fund to adopt the voluntary code, with implementation of the code set to begin on 1 July ...

Royal Commission case study: advice put retirement in ruins

JAMIE WILLIAMSON  |  THURSDAY, 19 APR 2018
... in a HESTA superannuation account and $52,000 in a Cbus account. Between them they had about $300,000 in life and TPD insurance through super. Liabilities reported to the adviser included a $444,000 mortgage, a personal Westpac loan for $40,000, two ...

ASIC totally unprepared for advice reforms: Tynan

ALEX BURKE  |  THURSDAY, 19 APR 2018
... said. Tynan also rubbished the idea of so-called 90-day exceptions only lasting for that period. "If you look at a life [insurance] product in the '90s, it was brought out and sold, and the commission went to the adviser. That adviser could be dead ...

Suncorp names new chair

HARRISON WORLEY  |  THURSDAY, 19 APR 2018
... enjoyed a long executive career, having previously held directorships with Whitehaven Coal, Spark Infrastructure, and insurance subsidiaries of Westpac. Prior to joining Suncorp she was the inaugural chairman of the Australian Payments Council, leaving ...

Cardena Private Wealth adds life insurance

KANIKA SOOD  |  WEDNESDAY, 18 APR 2018
The boutique wealth manager and advisory firm has signed onto MBS Insurance's life insurance offering, after 12 months of using its personal insurance consultancy for clients. Risk consultancy MBS will now advise Cardena's client base of high-net-worth ...

MLC, Colonial First State make key appointments

JAMIE WILLIAMSON  |  WEDNESDAY, 18 APR 2018
... Commonwealth Essential Super range of products and services, including investments, superannuation and retirement products, insurance and managed accounts. Prior to his most recent role, Wall served as head of retail platforms. He is also a former head ...

MLC launches digital underwriting platform

KANIKA SOOD  |  TUESDAY, 17 APR 2018
MLC life insurance has launched a new digital underwriting platform and is promising to provide "instant quotes" for life insurance cover in as little as five minutes. The digital tool will query a comprehensive database of industry standard questions ...

Advice not yet a real profession: Kell

ALEX BURKE  |  TUESDAY, 17 APR 2018
... industry" that emerged in the 1980s. He noted that a key part of the industry, especially in its early years, was life insurance agents under a "very much sales-driven model, with commission-based remuneration." "As the industry grew, in part to serve ...

Yarra Capital executive joins AUI board

KANIKA SOOD  |  TUESDAY, 17 APR 2018
... achieving income and capital appreciation over the longer term. About 40% of its investments were in financials and insurance, as at June 2017. It is invested in the big four banks: CBA (8%), ANZ (7%), WestPac (6%) and NAB (6%). AUI added Challenger ...

Freedom acquires bank insurance arm

KARREN VERGARA  |  TUESDAY, 17 APR 2018
Freedom Insurance Group (FIG) announced it will acquire a bank's insurance arm for $65 million. FIG has entered into an agreement to purchase St Andrew's Insurance from the Bank of Queensland in a bid to diversify its insurance products. The specialist ...