Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 611 - 620 of 2305 results for "life insurance"

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 ...

AMP adds competitors to platform

ELIZABETH MCARTHUR  |  FRIDAY, 24 JAN 2020
... pension clients of MyNorth, North, Summit, ipac iAccess and Generations. It comes as Plan For Life Actuaries revealed life insurance risk premium inflows and sales ended 2019 down significantly. The entire life insurance sector in Australia suffered ...

Major life insurers continue to suffer

HARRISON WORLEY  |  THURSDAY, 23 JAN 2020
The hits keep coming for Australia's life insurance industry, with new data showing total risk premiums inflows dropped by more than $790 million in the 12 months to September 2019, as major players endured another tough year. Australia's life insurance ...

Class action accuses CFS of dodgy insurance fees

ELIZABETH MCARTHUR  |  THURSDAY, 23 JAN 2020
... policies with cheaper premiums were available through other providers. "These customers were forced to pay more for life insurance as well as total and permanent disability insurance, and this has eaten into their superannuation," Shine class actions ...

MLC Life chief steps down

JAMIE WILLIAMSON  |  WEDNESDAY, 22 JAN 2020
... establishment as a standalone life insurer whilst separating from the National Australia Bank and joining the Nippon Life Insurance Group," MLC Life said. "This has been a complex and difficult task and has required enormous personal time and energy ...

What people really think about life commissions

ELIZABETH MCARTHUR  |  TUESDAY, 21 JAN 2020
... client needs. The MetLife Client-Adviser Relationship Report looked at what clients want from financial advice and life insurance. The research found that "commission" isn't necessarily a dirty word to clients - but they want flexibility in how they ...

MetLife appoints KPMG super director

ALLY SELBY  |  MONDAY, 20 JAN 2020
... work in partnership with them to navigate this changing landscape." He said Tse will help restructure MetLife's life insurance business. "[Tse will] play an important role in evolving our life insurance business and the industry," Nunn said. "We intend ...

Future of life insurance in doubt: APRA

ELIZABETH MCARTHUR  |  FRIDAY, 17 JAN 2020
... Australian Prudential Regulation Authority released its look-back at 2019, making special mention of tough times for the life insurance industry and questioning its sustainability. "Australia's life insurance sector faced deteriorating conditions over ...