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Showing 11 - 20 of 71 results for "Life product"

Tough year at Challenger

KANIKA SOOD  |  TUESDAY, 11 AUG 2020
Challenger this morning reported $416 million in statutory net loss for FY20, as its investments fell by $750 million during the COVID-19 pandemic. The -$416 million statutory NPAT is a stark contrast to previous years, where it reported $308 million ...

TAL shuffles leadership amid restructure

HARRISON WORLEY  |  TUESDAY, 12 NOV 2019
... Teichner has been appointed executive general manager individual life. Wickham was most recently general manager, group life product and pricing, investments and retirement incomes, while Teichner has served as chief operating officer of TAL Direct. ...

Freedom Insurance suspends trading

KARREN VERGARA  |  THURSDAY, 7 FEB 2019
Freedom Insurance Group has requested the ASX to suspend its shares indefinitely. Freedom first requested a trading halt on February 5 based on a "pending announcement providing a material update on the financial position of Freedom and its subsidiaries." ...

Ten stories that defined the Royal Commission

HARRISON WORLEY  |  WEDNESDAY, 19 DEC 2018
Need a Royal Commission refresh? Here are the top stories you needed to know in 2018. Meller leaves AMP After a difficult appearance at the Royal Commission's hearings into financial advice, AMP's outgoing chief executive made a swift exit ...

$200k on the life-line for new Freedom chief

HARRISON WORLEY  |  MONDAY, 17 DEC 2018
The employment contract of Freedom's new chief executive includes a $200,000 pay increase if he can secure the firm a life insurance licence. Former TAL general manager Sean Williamson began his tenure as chief executive of Freedom on 14 December. ...

Freedom ditches life insurance sales

KARREN VERGARA  |  THURSDAY, 6 DEC 2018
Freedom Insurance Group announced it will stop selling life insurance products and alerted shareholders of the likelihood it will face a liquidity crisis next year. The board of the embattled insurer has decided to search for alternative business models ...

AFA shines spotlight on member service

JAMIE WILLIAMSON  |  FRIDAY, 12 OCT 2018
... Mark Stubbings; TAL general manager of retail distribution Niall McConville; and CommInsure acting general manager life product and distribution Olivia Sarah-Le Lacheur. "The AFA community awards are extended to people within our community who demonstrate ...

ClearView results up despite adviser earnings drop

HARRISON WORLEY  |  FRIDAY, 24 AUG 2018
Diversified financial services firm ClearView increased underlying net profit after tax (NPAT) in its wealth management and life insurance arms during FY18, however financial advice earnings dropped. Releasing its FY18 results yesterday, ClearView said ...

Merged super funds save $30m for members

KARREN VERGARA  |  WEDNESDAY, 4 APR 2018
... signatory of the Insurance in Superannuation Voluntary Code of Practice and will drop TPD insurance premiums for life product members by an average of 20%. From 1 July 2018, Sunsuper will adopt a tiered cover approach to allow young people, low income ...

Industry fund signs super code, slashes premiums

JAMIE WILLIAMSON  |  TUESDAY, 27 MAR 2018
... we had clear insight into the types of changes that would be coming in as part of the Code," he said. Sunsuper for life product members will also see a drop in TPD insurance premiums of 20%, on average. In combating the 'erosion' component of the code ...