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Showing 601 - 610 of 2302 results for "Life Insurance"

Freedom Insurance appoints liquidators

KANIKA SOOD  |  MONDAY, 24 FEB 2020
... former chief executive of Association of Superannuation Funds of Australia (ASFA). In December that year, it cut its life insurance business after a Deloitte review said it could face a liquidity shortfall in 2019. ASIC earlier this month, banned Mark ...

Zurich appoints distribution team

JAMIE WILLIAMSON  |  THURSDAY, 20 FEB 2020
... account management. Atley is responsible for managing key dealer group partnerships across the Zurich and OnePath life insurance portfolios. They will all report to chief distribution officer Kristine Brooks. The combined leadership team will be responsible ...

AIA income protection premiums jump

ELIZABETH MCARTHUR  |  FRIDAY, 14 FEB 2020
... MLC Life owner Nippon Life reported to the Tokyo stock exchange that deteriorating conditions in the Australian life insurance industry are to blame for challenges facing MLC. The international insurer specifically pointed to income protection products ...

AMP faces fresh class action

ALLY SELBY  |  WEDNESDAY, 12 FEB 2020
... Shine Lawyers alleges the beleaguered firm failed to act in its clients' best interests by selling in-house life insurance products at inflated prices, thus failing to provide them with objective financial advice. The class action firm said it would ...

Calls for disability insurance reform

ELIZA BAVIN  |  MONDAY, 10 FEB 2020
... soon as possible. Ian Laughlin, convenor of the Actuaries Institute's Disability Insurance Taskforce said modern life insurance provides valuable financial benefits for people who can't earn an income due to injury or sickness. "Australia has a very ...

FSC sheds light on cancer impact

HARRISON WORLEY  |  TUESDAY, 4 FEB 2020
New life insurance claims data shows the impact cancer continues to have on the lives of Australians, with more than $1.5 billion paid out in the last financial year. According to data produced in partnership between the Financial Services Council and ...

Dealer group restructures leadership

ELIZABETH MCARTHUR  |  TUESDAY, 4 FEB 2020
... Trapnell will be stepping back from day-to-day involvement in Synchron. He has dedicated more than five decades to the life insurance and financial advice industries, and has led Synchron for more than 20 years. Unveiling Synchron's succession plan ...

Former dealer group chief to lead Australian Ethical

HARRISON WORLEY  |  TUESDAY, 4 FEB 2020
... difference." McMurdo has also previously served as chief executive of Centric Wealth Management. He also led AMP's life insurance business in New Zealand, as well as the wealth manager's local marketing efforts.

The PDS is weak: Rice Warner

ELIZABETH MCARTHUR  |  MONDAY, 3 FEB 2020
... to play in how a PDS functions. The insights explained that prior to the Superannuation Guarantee in 1992, the life insurance industry dominated the provision of long-term savings. "The life companies paid upfront commissions to salespeople for procuring ...

Ongoing fees, advice fees in super to be reformed

ELIZABETH MCARTHUR  |  FRIDAY, 31 JAN 2020
... additional commitments from the Royal Commission. The proposed new legislation also covers limiting avoidance of life insurance contracts. "We are on track to meet the accelerated timetable outlined in our implementation roadmap," Treasurer Josh Frydenberg ...