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| | | Insurance comparison site iSelect has added to its senior executive team with the appointment of a chief financial officer (CFO), effective 4 July 2016. Darryl Inns, previously CFO of M2 Group (recently merged with Vocus Communications), will join the ... |
| | | | ... longevity pool where the risk of outliving savings is shared among retirees. With no third-party shareholder and no insurance premiums, all profits go to the participants. "I think it's fair to say account-based pensions are popular in Australia, so ... |
| | | | ... scaling back of a number of wealth management arms. Recently National Australia Bank (NAB) sold 80% of its MLC life insurance business to Japan's Nippon Life for $2.4 billion. This was followed by its demerger with Clydesdale in the UK early in 2016 ... |
| | | | ... protection. Despite these challenges, we remain confident in the overall long-term outlook for AMP." As Meller said, AMP's insurance business took a hit during the quarter, with claims losses of $18 million, mostly in retail income protection. Total ... |
| | | | ... pursue a non-executive career. Gordon currently chairs the Group Investment Committee of FWD Group, a pan Asian life insurance company based in Hong Kong. He is also a director of Total Risk Management, a company which is part of the Russell Investments ... |
| | | | Mainstream life insurance companies paid out a total of just over $6.9 billion in claims in 2015, according to figures from The Risk Store. The statistics show that a total of 89,291 claims were paid for an average $77,279 per claim. Put another way ... |
| | | | ... million)." Under the proposed levies, authorised deposit taking institutions would be required to pay $22.2 million, life insurance/friendly societies $10.5 million, general insurance $13.2 million and superannuation $24.5 million. The paper states that ... |
| | | | ... Investment Kristine Brooks said ZLife represented a major leap forward in digital service capabilities within the life insurance sector: "Efficiency is currently the primary focus for the majority of advisers, but the challenge has been to drive meaningful ... |
| | | | ANZ advisers won't transfer to Life Insurance Framework remuneration arrangements until the relevant legislation is restored, according to ANZ Wealth managing director Alexis George. Speaking at a media event in Sydney, George referenced the Corporations ... |
| | | | ... International Federation of Health Plan, Members Own Health Funds, Pioneer Credit, Goldfields Money, Synergy and the Insurance Commission of Western Australia. Commenting on Bransby's appointment, Advice Companies independent chair, Anne Templeman-Jones ... |
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