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Showing 21 - 30 of 101 results for "Wealth Protection"

AMP divests life business

DARREN SNYDER  |  THURSDAY, 25 OCT 2018
AMP will exit life insurance in 2019, following a $3.3 billion sale of its wealth protection business. It will also divest its New Zealand wealth management and advice businesses via an IPO. The completion of an AMP portfolio review led to the divestments. ...

AMP profits nosedive, new board director announced

KANIKA SOOD  |  WEDNESDAY, 8 AUG 2018
... Commission. It brought in a net profit of $115 million as compared to $445 million in last year's first half. The wealth protection business, which includes group risk insurance, only turned around $1 million in operating earnings - a fall of 98% over ...

AMP moves to reset business

JAMIE WILLIAMSON  |  FRIDAY, 27 JUL 2018
... business, though is offset by a recent deterioration in experience and one-off capitalised losses in Australian wealth protection. "Today's announcement reflects our commitment to take decisive action to reset AMP and establish a platform from which ...

PPS Mutual creates state manager role

KARREN VERGARA  |  TUESDAY, 24 JUL 2018
... investment platforms and other key partnerships. Prior to that, she was the national development manager of wealth protection at AMP and AXA, and has also worked at MLC. The specialist insurance company offers products designed to meet the protection ...

Global manager begins alternative risk premia push

DARREN SNYDER  |  TUESDAY, 20 FEB 2018
... increase the downside risk in their portfolios, Marais said. "It softens the blow, depending on whether its wealth protection or growth, it softens the beta. It brings the beta down because it is long-short," he said. "It's beta protection and it gives ...

AMP considers "all alternatives" in life insurance portfolio review

ALEX BURKE  |  THURSDAY, 8 FEB 2018
Following on from its comprehensive reinsurance program for its wealth protection business in 2017, AMP said it is considering "all alternatives" for its life insurance portfolio and is in discussions with "a number of interested parties." The wealth ...

Modern business demands driving adviser education uptake

JAMIE WILLIAMSON  |  TUESDAY, 6 FEB 2018
... seeing an upswing. For those focused on enhancing their advice knowledge, intergenerational wealth, aged care, wealth protection and transfer, succession planning and self-managed superannuation are proving popular. A recent Financial Standard spot survey ...

Advisers ambivalent on LIF deadline: Poll

KARREN VERGARA  |  MONDAY, 20 NOV 2017
... for remuneration when recommending life insurance solutions to clients. AMP national development manager of wealth protection, Melinda Fox, who spoke at a recent industry event, said many advisers are still reviewing business models, pricing techniques ...

Planners divided on mental health advice

JAMIE WILLIAMSON  |  MONDAY, 13 NOV 2017
... access to the same information as their client's doctor if they are to implement adequate estate planning and wealth protection strategies. "New clients often turn up thinking we're only there to discuss how many zeroes they have in their bank accounts...This ...

Advisers must provide more than financial health checks

JAMIE WILLIAMSON  |  MONDAY, 16 OCT 2017
... access to the same information as their client's doctor if they are to develop effective estate planning and wealth protection strategies. Haskew believes all advisers should be across their clients' physical and mental health as well as recreational ...