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Showing 581 - 590 of 2174 results for "Mortgage"

Government to ban default life insurance in super

ALEX BURKE  |  TUESDAY, 8 MAY 2018
... opt-out ignores that there are many young people who still have debt. 22-year-olds and 23-year-olds who might have gotten a mortgage early or had an accident and can never earn an income again, so they have a whole lifetime without cover. You can say ...

ANZ considering buy-back with life insurance paycheck

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
... own 100% of One Path Life Australia Holdings (OPL), but ANZ will retain its New Zealand business along with its lenders mortgage insurance, general insurance distribution and financial planning arms. ANZ will confirm its buyback plans after it has analysed ...

ANZ culls sales incentives for planners

KANIKA SOOD  |  MONDAY, 7 MAY 2018
... cash profits in its wealth division slid by 24% to $44 million. ANZ said this was because of a non-recurring lenders mortgage reinsurance profit share being included in the 1H17 results, strengthening of claims provisioning in 1H18 and lower new business ...

Perpetual director joins ING board

KARREN VERGARA  |  MONDAY, 7 MAY 2018
... Company recently listed three new debt securities on the ASX, which together are offering about $2 billion of residential mortgage back securities (RMBS) debt securities to wholesale investors. In April, Perpetual said Aussie investors' appetite for ...

Trustee firm lists $2bn in RMBS debt securities

KANIKA SOOD  |  FRIDAY, 4 MAY 2018
... investor's appetite for RMBS is strong, and more investors were turning to secured debt (asset backed debt and residential mortgage backed securities) issued by non-banks. "The RMBS market which was once dominated by the major banks, has a healthy range ...

IOOF flags ANZ Wealth results ahead of acquisition

ALEX BURKE  |  WEDNESDAY, 2 MAY 2018
... cash profits in the wealth division slid by 24% to $44 million. ANZ said this was because of a non-recurring lenders mortgage reinsurance profit share being included in the 1H17 results, strengthening of claims provisioning in 1H18 and lower new business ...

Royal Commission presents clear downside for bank stocks

ALEX BURKE  |  MONDAY, 23 APR 2018
Findings from the Royal Commission, and the possible increased regulation that will emerge as a result, have weakened the investment case for Australia's banking sector. Research from Credit Suisse analysts Jarrod Martin and Brendon Ferreira suggests ...

Royal Commission case study: advice put retirement in ruins

JAMIE WILLIAMSON  |  THURSDAY, 19 APR 2018
... they had about $300,000 in life and TPD insurance through super. Liabilities reported to the adviser included a $444,000 mortgage, a personal Westpac loan for $40,000, two car loans totaling $40,000, and two Westpac credit cards totaling $11,000. The ...

Freedom acquires bank insurance arm

KARREN VERGARA  |  TUESDAY, 17 APR 2018
... organic growth and in the last 12 to 28 months; we have sought to broaden our product range to include term life and mortgage protection. We have said that given a strong balance sheet we would consider the right acquisition if it accelerated our strategy ...

Look inside to drive fintech forward: AltFi Summit

DARREN SNYDER  |  MONDAY, 26 MAR 2018
An online mortgage broker believes fintechs partnering with robo-advisers, digital banks and online lenders is important for industry innovation but even more critical are relationships with established players. Speaking ahead of the AltFi Australasia ...