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Showing 2951 - 2960 of 7046 results for "Insurance"

Former Financial Wisdom adviser banned

EMMA RAPAPORT  |  FRIDAY, 29 SEP 2017
... cutting and pasting customer signatures onto a letter nominating Houghton as their adviser; Completed and submitted insurance application forms on behalf of clients with incorrect information; Failed to make reasonable enquires into clients' relevant ...

ASIC adds life insurance to school curriculums

KARREN VERGARA AND JAMIE WILLIAMSON  |  THURSDAY, 28 SEP 2017
ASIC is ramping up its financial literacy initiatives that plans to incorporate life insurance in curriculums across primary and secondary schools. Already the regulator is undertaking an extensive program with state and territory governments to train ...

Advisers can scale via workplace super clients

KARREN VERGARA  |  WEDNESDAY, 27 SEP 2017
... natural point of contact for members beyond super needs by providing specialist advice whether it be general advice, insurance, mortgage broking or something else altogether. The companies an adviser provides workplace super advice for could potentially ...

CommInsure executive joins AMP

ALEX BURKE  |  WEDNESDAY, 27 SEP 2017
A former CommInsure executive has joined AMP as senior manager, insurance governance. Vicky Galanis joins AMP from CommInsure, where she was executive manager - life claims. Prior to that, she was head of individual insurance claims at AXA. Galanis ...

Life insurers challenged by waning planner loyalty

JAMIE WILLIAMSON  |  WEDNESDAY, 27 SEP 2017
... levels will benefit from lower attrition levels." This is of particular importance given the changing nature of life insurance advice as planners prepare their businesses for the impact of the Life Insurance Framework (LIF). The research shows planners ...

NZ manager launches retirement product

EMMA RAPAPORT  |  MONDAY, 25 SEP 2017
... age 65, increasing by 0.10% each year thereafter. If the value of a member's investment in the fund falls to zero, an insurance policy guarantees them the same income payments for the rest of their life, provided by Lifetime Retirement Income. Simplicity ...

Hiking life premiums is short-term thinking: ANZ Wealth

KARREN VERGARA  |  THURSDAY, 21 SEP 2017
... and will create sustainable businesses for financial advisers, according to a new ANZ whitepaper. ANZ Wealth's Life insurance: The case for change report said life insurers are lifting premiums as a result of legacy products designed about 20 years ago ...

Lazy LIF planning means advice businesses at risk

JAMIE WILLIAMSON  |  THURSDAY, 21 SEP 2017
... the majority of risk advisers are still not prepared for impending changes to remuneration to be brought by the Life Insurance Framework taking effect in January 2018. A study of 200 risk advisers commissioned by Zurich found about 65% remain unsure ...

AIA acquires CBA life insurance businesses

JAMIE WILLIAMSON  |  THURSDAY, 21 SEP 2017
The Commonwealth Bank has sold 100% of its Australian and New Zealand life insurance businesses to AIA Group for $3.8 billion. The sale of CommInsure Life and Sovereign also includes a 20-year bancassurance partnership with AIA for the provision of ...

AMP launches LIF-ready resource

KARREN VERGARA  |  WEDNESDAY, 20 SEP 2017
AMP launched an online Life Insurance Framework (LIF) resource aiming to prepare advisers for the 1 January 2018 legislative changes. The resource hub features video tutorials and a cashflow modeller that assesses the impact different remuneration structures ...