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Showing 41 - 50 of 105 results for "Wealth Protection"

AMP implements significant insurance changes

KERRIE SYDEE  |  FRIDAY, 28 OCT 2016
Consistent deterioration to the insurance sector has had a significant impact on the AMP wealth protection business and has led to an overhaul of the business. In a bid to address the market condition for wealth protection in Australia, AMP announced ...

Internal restructuring hits EQT profits

ALEX BURKE  |  FRIDAY, 2 SEP 2016
... Trustees operates in an exciting and growing market driven by demographic changes, increasing the demand for wealth protection and wealth transition services. "Australia's intergenerational wealth transfer is expected to be more than $80 billion per ...

Super reform fears hit AMP earnings

JAMIE WILLIAMSON  |  THURSDAY, 18 AUG 2016
... claims experience was poor, we continue to focus on improving the outcomes for customers and shareholders in our wealth protection business, with actions underway to improve capital efficiency and reduce volatility." Overall, however, AMP reported a ...

MLC adds to advice partnerships team

KERRIE SYDEE  |  TUESDAY, 31 MAY 2016
... practice strategies. Downey has spent close to 10 years at MLC, having held roles such as national sales manager - wealth protection products, NSW state manager - insurance and investment sales and head of aligned sales. Most recently he has held the ...

AMP holds assets despite Genesys exodus

ALEX BURKE  |  THURSDAY, 12 MAY 2016
... investment market conditions," he added that "ongoing claims volatility continues to be a feature in Australian wealth protection. Despite these challenges, we remain confident in the overall long-term outlook for AMP." As Meller said, AMP's insurance ...

Paradigm appoints head of operations

ALEX BURKE  |  WEDNESDAY, 27 APR 2016
... Paradigm from Industry Fund Services, where he was the group's project manager. Prior to that, he was manager, wealth protection, then advice manager, at QInvest. Commenting on his appointment, Zuber explained he would have "several responsibilities ...

AMP Capital records solid profit growth

MARK SMITH  |  THURSDAY, 18 FEB 2016
... over 10% in average AUM from 2014 and a continued focus on costs which declined 2.7% from 2014. The Australian wealth protection division saw operating earnings decline 2% to $185 million in 2015 from $188 million in 2014, impacted by experience losses ...

AMP wealth earnings down post-Genesys closure

ALEX BURKE  |  FRIDAY, 23 OCT 2015
... suffered due to "claims experience losses primarily relating to the retail income protection book." "Volatility in wealth protection experience is to be expected from period to period given the size of AMP's in-force book in Australia. Further, as remediation ...

AB managed equities fund joins netwealth

DARREN SNYDER  |  THURSDAY, 28 MAY 2015
One of Alliance Bernstein's (AB) funds offering potential for wealth protection during downside markets was added to the netwealth investment platform. The AB Managed Volatility Equities Fund joined netwealth and it becomes the latest activity for AB ...

AMP wealth management grows AUM

DARREN SNYDER  |  THURSDAY, 7 MAY 2015
... cash inflows of $1.643 billion for the quarter and internal net cash outflows of $770 million. AMP's Australian wealth protection annual premium in-force (API) was down by 0.5% in Q1 2015 to $1.926 billion compared to $1.936 billion in Q4 2014.A The ...