Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 3881 - 3890 of 7050 results for "Insurance"

Volcker Alliance proposes new US regulator system

ALEX DUNNIN  |  MONDAY, 27 APR 2015
... regulatory functions of the Federal Reserve, the Office of the Comptroller of the Currency (OCC), the Federal Deposit Insurance Corporation and prudential supervisory functions currently performed by the Securities and Exchanges Commission (SEC) and ...

PROFILE: Findex chief executive Spiro Paule

DARREN SNYDER  |  MONDAY, 27 APR 2015
... Findex Group formally started as Financial Index Australia in 1987 when Paule left a corporate management role with US insurance company, Aetna. "At the time I'd had about four or five years in the role. It was pretty senior role - I had about 200 people ...

Managed Account Holdings to invest in advisory firms

DARREN SNYDER  |  FRIDAY, 24 APR 2015
... proposes to assist the advisory firms by establishing a shared services capability to negotiate such key services as PI insurance, audit services, software and other core functions. MGP's intention is to retain a minimum 25% interest in PHL. I It is ...

AFA calls for adviser leadership

ALEX BURKE  |  FRIDAY, 24 APR 2015
... Advisers chief executive Brad Fox has said that advisers and licensees should take leadership roles in "pre-empting" life insurance reforms. Signalling the controversial Trowbridge Report as being the catalyst for self-directed industry reform, Fox said ...

Industry should help fund ASIC: ANZ

LAURA MILLAN  |  TUESDAY, 21 APR 2015
... million] is a solid estimate," Phillips said. During the hearing, Hodges highlighted that professional indemnity (PI) insurance for advisers should be higher so smaller practices can compensate clients if they provide improper advice. "Organisations ...

Signs that churning is on the wane

ALEX BURKE  |  TUESDAY, 21 APR 2015
Research by DEXX&R shows individual lump sum discontinuances in life, TPD and trauma insurance fell in the 12 months to December 2014. Further, rates of discontinuances have been falling since 2012 - having risen steadily for the previous two years ...

Industry needs to act after Trowbridge report failure

ALEX BURKE  |  TUESDAY, 21 APR 2015
... Matthew Rowe. In a newspaper column, Rowe explained that this was because of disagreements between key members in the Life Insurance and Advice Working Group and "leaked submissions". The result, he argued, is an industry that urgently needs to "[repair] ...

Don't blame "churning" on advisers: Synchron

LAURA MILLAN  |  MONDAY, 20 APR 2015
Risk advice dealer group Synchron has asked industry stakeholders not to blame "churning" of life insurance policies only on advisers and demanded that insurers improve product design. Synchron noted that in the United Kingdom and in South Africa, "companies ...

Life insurance risk inflows reach $14.2bn

DARREN SNYDER  |  MONDAY, 20 APR 2015
Life insurance risk market inflows grew by 11.2% during 2014, reaching about $14.2 billion, according to the latest report from Plan For Life. The report shows all companies experienced increases in their risk business with the highest percentage growth ...

Trowbridge proposals will hit consumers hardest

ALEX BURKE  |  MONDAY, 20 APR 2015
... the FSI and Trowbridge recommendations, saying they are "unworkable, impractical and do not acknowledge the value life insurance advisers provide to consumers." He noted that the hybrid remuneration model proposed in ASIC's October 2014 Review of retail ...