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Showing 4031 - 4040 of 7050 results for "Insurance"

Labor considers ban on insurance commissions

LAURA MILLAN  |  TUESDAY, 14 OCT 2014
The Labor Party will consider introducing a ban on life insurance adviser commissions into its policy platform in response to last week's damning report on life risk advice from the Australian Securities and Investments Commission (ASIC). Speaking at ...

AFA questions ASIC life report

LAURA MILLAN  |  TUESDAY, 14 OCT 2014
... Fox raised concerns over the methodology of Australian Securities and Investments Commission's (ASIC) report on life insurance advice that was released last week. He told the media that there were questions over the methology of the report and also the ...

AFA presents renewed strategy and Narrative

LAURA MILLAN  |  SUNDAY, 12 OCT 2014
... and the Financial System Inquiry (FSI), the Australian Securities and Investments Commission (ASIC) latest report on insurance advice has put the spotlight on life risk. Fox said that the report was "a targeted piece of research that defines very tightly ...

Upfront commissions linked to bad advice

JAMES FERNYHOUGH  |  FRIDAY, 10 OCT 2014
... adviser." ASIC gave one example where an adviser recommended a 50-year-old client on $56,800 a year to raise her annual life insurance premium from $1,676 per annum to $10,772 per annum. Half of this was to be paid through her superannuation, a figure ...

Premium signs up three accounting practices

MARK SMITH  |  FRIDAY, 10 OCT 2014
... independence and this is a good fit as we did not wish to be aligned to large ASX listed corporations, such as banks, insurance companies and the like." Premium Wealth has three license options - SMSF advice license, iPremium and the traditional Premium ...

FEATURE: Big data and financial services

LAURA MILLAN  |  FRIDAY, 10 OCT 2014
... enough about them to offer these disengaged clients exactly what they are looking for. We're talking financial advice, insurance, superannuation or investment strategies. "Today, businesses need to be as relevant as possible to their clients, they need ...

TWUSUPER appoints new CEO

ALICE URIBE  |  FRIDAY, 10 OCT 2014
... of Superannuation. He is a Certified Practising Accountant and Fellow of the Australian and New Zealand Institute of Insurance and Finance. He is also part of the Industry Funds Forum, Fund Executives Association Ltd and the Australian Institute of Superannuation ...

One third of risk advisers non-compliant, ASIC says

JAMES FERNYHOUGH  |  THURSDAY, 9 OCT 2014
Financial advisers specialising in life insurance must lift the quality of advice and ensure that the interests of their clients are given priority, the Australian Securities and Investments Commission (ASIC) has said. ASIC reviewed more than 200 advice ...

NAB takes a $1bn hit

AAP  |  THURSDAY, 9 OCT 2014
... Along with other UK banks, the Clydesdale Bank has faced ongoing scrutiny over the selling of its payment protection insurance and interest rate hedging products. "There remains a wide range of uncertain factors relevant to determining the total costs ...

PROFILE: UniSuper CEO Kevin O'Sullivan

JAMES FERNYHOUGH  |  THURSDAY, 9 OCT 2014
... city, he studied commerce and actuarial science at the University of Toronto. His first job was as an actuary at life insurance company Canada Life. It was there that his lifelong association with pensions began. But in 1990, eight years into his time ...