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| | | ... Carter said. "We partner with our members to not only deliver outstanding superannuation returns, but also market leading insurance protection and trusted financial advice through their super fund. "For example, Plum's Pre Mixed Moderate fund has rewarded ... |
| | | | ... customer-driven organisation that is leaner and more efficient," AMP chief executive Craig Meller said. The group's insurance business is slowly recovering and has delivered operating earnings of $188 million, compared with $64 million in 2013. "Pleasingly ... |
| | | | ... basis. "Zenith sees the MLP concept as innovative as it removes the traditional issue around the high implicit cost of insurance which is typically associated with investment protection products," Zenith said in a statement. "Zenith believes MLP will ... |
| | | | ... Melbourne. "This won't be popular with everyone in the room but we supported FoFA and we supported getting rid of life insurance commissions," he said. "Attacks on our stance on life insurance commissions have been quite vitriolic at times but it's important ... |
| | | | Challenger annuity sales were up 8% during the first half of the 2014-2015 financial year, but net profit after tax was down, the half year report showed. Annuity sales reached $2.1 billion, of which $1.6 billion were retail annuity sales, up 8% since ... |
| | | | ... delivered as Snowball announced group profits were up net 15% to $631 million. Profit was mostly driven by Suncorp's general insurance arm, but its life insurance business also contributed. At the same time, forecasts for ongoing revenue growth have ... |
| | | | High upfront commissions in life insurance might not have a future, but advisers should still be able to use other types of commissions, the Association of Financial Advisers (AFA)'s chief operating officer Phil Anderson said. "The future of upfront ... |
| | | | Life insurance status quo must change and the Life Insurance and Advice Working Group should reconsider banning commissions from risk advice, Industry Superannuation Australia (ISA) said in its submission to the inquiry. ISA noted that the working group ... |
| | | | ... investment banking and has held roles at Deutsche Bank, ANZ and HSBC. Currently she is a director at Cochlear Limited, Insurance Australia Group Limited and Santos Limited. This news follows Dominic Stevens' appointment to the board in December 2013 ... |
| | | | Warren Buffett-owned global speciality insurer Berkshire Hathaway Specialty Insurance (BHSI) Australia and New Zealand has poached key senior executives from AIG and other insurers. BHSI doesn't yet have an Australian operating licence but AIG has already ... |
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