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| | | ... it must foster competition and take into account the real and tangible upfront costs associated with delivering life insurance advice, the validity of appropriate replacement business, the need to adequately support new client acquisition and the entry ... |
| | | | ... respond to emerging issues and opportunities," Williamson said. Maher's prior directorships with companies include Suncorp Insurance and Finance, WorkCover Queensland and being a trustee of the Queensland Public Sector Scheme, Q Super. The Energy Super ... |
| | | | ... package" which includes a variable fixed home loan allowing members to borrow over 80% LVR without paying lenders mortgage insurance. It also includes the BOQ Specialist One everyday account, to which BOQ Specialist will credit $200 for the first year ... |
| | | | ... cent, at $1.94. The financial sector was also weaker, after reports of a federal government plan for a bank deposits insurance levy, which could be unveiled in the May budget. "That would be, no doubt, a factor in why they're lower today," he said. Commonwealth ... |
| | | | Former Wallabies captain Phil Kearns has been appointed managing director of corporate insurance broker InterRISK Australia, nine months after stepping down as chief executive of Centric Wealth. Kearns has over 10 years' experience leading financial ... |
| | | | MetLife Australia is trialling a rehabilitation program for disability claimants with physical and psychological disorders. The Reactivate Program was developed by enRich Training & Development chief executive Ian Stephens and is designed to, in a MetLife ... |
| | | | ... recommendations, "the banks currently have capital constraints and have recently experienced losses and low returns in their life insurance businesses." For this reason, they are likely to prefer "allocating capital to high ROE mortgages rather than ... |
| | | | ... The government and industry bodies have responded to the recommendations in John Trowbridge's Review of Retail Life Insurance Advice. The Treasury was broadly supportive, with Assistant Treasurer Josh Frydenberg commenting that the report "makes a significant ... |
| | | | ... The model would be applicable to personal advice on Tier 1 financial products, including shares, superannuation, life insurance and managed investment schemes, are set out in the diagram overleaf. Treasury confirmed that the closing date for submissions ... |
| | | | The Trowbridge report's recommendations will likely increase the cost of life insurance for Australians, the Association of Financial Advisers (AFA) cautioned. Specifically, AFA chief executive Brad Fox noted that because the Initial Advice Payment ... |
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