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Showing 4201 - 4210 of 7050 results for "Insurance"

ASIC permanently bans 'tombstoning' adviser

LAURA MILLAN  |  WEDNESDAY, 16 APR 2014
... activities after he was convicted for dishonest conduct. Vyas was found guilty of 'tombstoning', a practice that involves insurance brokers submitting applications in the names of dead or fictitious people to earn commissions. Vyas submitted 15 false ...

Premium increases boost life risk inflows 11.5%

LAURA MILLAN  |  WEDNESDAY, 16 APR 2014
Overall life insurance risk market inflows increased by 11.5% during 2013, following major retail and group insurers' decision to increase premiums rates to face the industry's challenges. Total inflows were $12,796.6 million for the year ended December ...

Could government issue its own annuities?

JAMES FERNYHOUGH  |  TUESDAY, 15 APR 2014
The government could play an active role in the creation of a functioning annuities and longevity insurance market, according to the Centre of Excellence in Population Ageing Research (CEPAR) in its submission to the Financial System Inquiry. While ...

Professor proposes cheap longevity insurance design

JAMES FERNYHOUGH  |  TUESDAY, 15 APR 2014
... the Australian model of retirement income." He illustrated the current state of affairs where people have no longevity insurance with the following parable. "Imagine landing on a planet where there's no car insurance. You say, 'That's weird. People are ...

Accountants beat planners in consumer confidence

LAURA MILLAN  |  TUESDAY, 15 APR 2014
... for the number of consumers ranking them highly for ethics and honesty. The survey also looked at how consumers viewed insurance brokers and found that only 16% believe they have 'high ethics and honesty' standards, up 3% from the previous year. The ...

Bouncy bouncy

BENJAMIN ONG  |  TUESDAY, 15 APR 2014
... C's shares that ascended last night. Bloomberg listed a few more names: "Edwards Lifesciences gained 11 percent; Aspen Insurance Holdings Ltd. jumped 11 percent; Boston Scientific (BSX) Corp. climbed 4.9 percent; Herbalife Ltd. jumped 4.4 percent..." ...

NGS Super lifts premiums for older members

JAMES FERNYHOUGH  |  WEDNESDAY, 9 APR 2014
NGS Super has unveiled the design of its new insurance offering, provided by the fund's existing group insurer CommInsure, to be launched on 1 July this year. The new deal involves significantly higher premiums and lower total and permanent disability ...

AstuteWheel launch estate planning tool

LAURA MILLAN  |  MONDAY, 7 APR 2014
... trusts, self-managed super funds...) and finally they introduce the assets and liabilities, including superannuation and insurance policies. The system produces a snapshot so clients visualise which assets are part of the estate planning and which need ...

Market Wrap

AAP  |  MONDAY, 7 APR 2014
... Most consumer sector stocks were lower, but retail heavyweight Wesfarmers was up 40 cents at $41.97 after selling its insurance arm for more than $1 billion to a global broking group. Telstra was down two cents at $5.04.

AFA focuses FSI submission on FoFA "misinformation campaign"

LAURA MILLAN  |  MONDAY, 7 APR 2014
... association asked for a review of the external dispute resolution framework and of advisers' professional indemnity insurance. It also asked the FSI to look at the Tax Agent Services Act (2009), which is due to start on July 1, 2014. "We believe that ...