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Showing 641 - 650 of 2302 results for "Life Insurance"

FASEA attempting to re-write law: AFA

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 NOV 2019
... by Investment Trends breaking down the revenue streams of advice practices. If grandfathered trail commissions, life insurance commissions and asset based fee for service charges are at risk under the code then 57% of practice income is at risk as a ...

BDM pay healthy despite headwinds

ELIZABETH MCARTHUR  |  TUESDAY, 12 NOV 2019
... and $180,000, while $170,000 is at the lower end of what senior BDMs in retail funds management can expect. For life insurance BDMs, seniors earn $140,000-$170,000, BDMs are on $110,000-$140,000 and junior BDMs earn $95,000-$110,000. Kaizen said most ...

TAL shuffles leadership amid restructure

HARRISON WORLEY  |  TUESDAY, 12 NOV 2019
... executive lineup, creating new roles as part of a wider realignment of the business that sees responsibility for its life insurance business split in two. The life insurer has redesigned its structure, splitting its life insurance business into two separate ...

Industry fund changes insurer

KANIKA SOOD  |  FRIDAY, 8 NOV 2019
... told members in a statement. Group life cover reduces significantly Hannover Re will continue to provide group life insurance for the fund. However, the fund is reducing the death insurance cover significantly for all ages except the 35 to 45 age group. ...

Former Apogee, GPS Wealth advisers banned

JAMIE WILLIAMSON  |  THURSDAY, 7 NOV 2019
... circumstances into consideration when providing personal advice." "When recommending that clients switch from an existing life insurance product, advisers must fully consider the risks of the switch and if it is necessary to meet the clients' goals and ...

The cost of mental illness

ELIZABETH MCARTHUR  |  MONDAY, 4 NOV 2019
... advocating for long term investment in mental health care to lead to better outcomes for Australians," she said. The life insurance industry was made mention of in the Productivity Commission report. "The life insurance industry does increasingly great ...

Wealth income halved, Hartzer skips $1.6m bonus

HARRISON WORLEY  |  MONDAY, 4 NOV 2019
... and litigation costs, while the cessation of grandfathered commissions hit the bank to the tune of $42 million. Life insurance income was down $39 million compared to 2018, due to the implementation of the government's Protecting Your Super suite ...

CBA finalises CommInsure sale

ELIZA BAVIN  |  FRIDAY, 1 NOV 2019
Commonwealth Bank has completed the divestment of its life insurance business to AIA Australia, which includes a 25-year joint co-operation agreement. After more than two years of negotiations, CBA said it has received an upfront payment of $500 million ...

Growing advice group in commissions fight

ELIZABETH MCARTHUR  |  THURSDAY, 24 OCT 2019
A relatively new advice association has picked up members at a rapid pace as it takes up the fight to retain life insurance commissions. The United Financial Advisers Association (UFAA) now has over 4000 members after launching just a few months ago. ...

FSC restructures, bolsters policy team

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 OCT 2019
... Michael Potter in the role of senior policy manager, economics and tax. Nick Kirwan is in the role of policy manager, life insurance and Jane Macnamara is the senior policy manager for superannuation and retirement incomes. Zach Castles is policy manager ...