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Showing 31 - 40 of 113 results for "Retail Life"

MetLife restructures US and UK operations

JAMIE WILLIAMSON  |  TUESDAY, 11 JUL 2017
... cease to write individual insurance policies in the United States, having established a new firm to house its domestic retail life and annuity insurance divisions. MetLife received final regulatory approval from the Delaware Insurance Commissioner to ...

ASIC consults on new statement of advice

EMMA RAPAPORT  |  WEDNESDAY, 31 MAY 2017
... advisers against liability or a compliance tool." The consultation follows a number of policy developments in the retail life insurance sector which have highlighted the need for better SOAs. As part of the life insurance advice reform package announced ...

BT Financial Group wins Life Company of the Year

ALEX BURKE  |  FRIDAY, 10 MAR 2017
... its peers," Fox added. Strategic Insight head of sales, marketing and product development Rael Solomon said: "The retail life insurance market continues to be driven by a high level of competition between all life companies, resulting in innovation in ...

Bravura hires product manager from BT

MARK SMITH  |  MONDAY, 10 OCT 2016
... David Loader joins Bravura from BT Financial Group where he held various senior product management roles within the retail life product team. With more than 11 years' experience in the life insurance industry covering retail, group and direct life insurance ...

Federal Court approves Zurich's Macquarie acquisition

ALEX BURKE  |  MONDAY, 26 SEP 2016
... acquisition of Macquarie Life's risk business. Following the acquisition, Zurich will become Australia's fourth-biggest retail life insurer in the independent financial adviser segment. Macquarie Life staff will transfer to Zurich and Zurich's customer-base ...

Mark Dunsford attacks FSC over life reforms

JAMIE WILLIAMSON  |  THURSDAY, 1 SEP 2016
... and consumer outcomes. "It is important to remember the history of this entire process of reform. The ASIC Review of Retail Life Insurance and Advice found that remuneration arrangements allowing commissions of 120% of the first year's premium created ...

Zurich to promote advice profession through Grad Mentor

ALEX BURKE  |  THURSDAY, 3 MAR 2016
... resourcing firm Grad Mentor to attract more graduates to financial advice. According to Zurich head of distribution, retail life and investments Kristine Brooks, "These partnerships are perfect complements and reinforce Zurich's role as the pre-eminent ...

PPS launches life insurance mutual offering

ALEX BURKE  |  THURSDAY, 18 FEB 2016
South African financial services firm PPS has launched PPS Mutual in Australia, providing access to a retail life risk mutual offering. Under this model, select retail investors within particular professional fields (including medicine, accounting ...

CBA result boosted by wealth division

MARK SMITH  |  THURSDAY, 11 FEB 2016
... insurance income increased reflecting the repricing activity and improved lapses, partly offset by higher claims. Retail life insurance income increased 12%, due to the continued benefit of lower lapse rates, partly offset by lower new business sales. ...

LIF expected before parliament this week

ALEX BURKE  |  THURSDAY, 11 FEB 2016
... Group, whose central platform was that the new framework will reduce competition and promote vertical integration in retail life insurance. At the same time, insurers such as AIA Australia and Asteron Life have been working closely with licensees to ...