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Showing 51 - 60 of 101 results for "Wealth Protection"

Zurich adds income replacement product, increases platform presence

ALICE URIBE  |  MONDAY, 30 SEP 2013
... product will be available on netwealth and RetireRight. Zurich is also in discussions with Hub24 regarding its Wealth Protection range featuring on this platform. One of the main features of the product is that it provides the ability to fund premiums ...

Reporting season reveals insurance black spots

MARK SMITH  |  MONDAY, 26 AUG 2013
... was set to hit revenue to the tune of tens of millions of dollars, reported a 52% drop in earnings within its wealth protection business. Similarly, ANZ has highlighted weakness in its insurance business resulting from 'above trend' lapse rates. At the ...

AMP profits up 5.4% despite insurance disappointment

MARK SMITH  |  THURSDAY, 15 AUG 2013
... compared with $488 million for the same period in 2012, reflecting strong growth in the earnings of all but the wealth protection businesses which was affected by a challenging life insurance market, and lower underlying investment income. In wealth ...

Zurich makes platform debut, mulls providers

LAURA MILLAN  |  WEDNESDAY, 17 JUL 2013
Zurich has entered the platform space for the first time and is set to make its Wealth Protection available in several platforms. Zurich's Retail Life and Investments general manager Philip Kewin told Financial Standard that the company is looking at ...

Lifewise joins independent dealer group

LAURA MILLAN  |  THURSDAY, 4 JUL 2013
Queensland-based Lifewise Wealth Protection has joint non-aligned dealer group Synchron. Lifewise has 2,000 clients and its owner and managing director Chris Kelaart made the decision to join Synchron when he realised that "despite Lifewise now having ...

AMP issues profit warning on insurance claims

MARK SMITH  |  MONDAY, 24 JUN 2013
... some 9% in morning trading. AMP has attributed the projected fall to poor claims and a lapse in its Australian wealth protection business in the second quarter, particularly in May. According to AMP, losses for Australian wealth protection were $32 million ...

Big year in platforms and super: AMP Fin Services

LAURA MILLAN  |  THURSDAY, 21 FEB 2013
... Recruits from AMP's Horizons financial planning academy were also a main source of new financial advisers. AMP's Wealth Protection insurance product didn't do as well as in 2011. Higher lapses and claims cost lead to losses of $49 million last year.

AMP net cash flows surge in Q3

LINDA HAUSKEN  |  FRIDAY, 26 OCT 2012
... loss during the quarter," AMP added. AMP noted that similar to 2011, third quarter experience in Contemporary Wealth Protection has been poor. Experience losses - which are effectively claims or lapsed claims being better or worse than assumptions - ...

Advisers force life premiums down

MARK SMITH  |  WEDNESDAY, 17 OCT 2012
... adviser at Shadforth Financial Group, agrees: "Life insurance is an important component in every Australian's wealth protection package," he said. "Whilst there has been a significant increase in the number of clients taking out life cover, healthy competition ...

Zurich launches life risk update

MELANIE TIMBRELL  |  WEDNESDAY, 19 SEP 2012
... Zurich Upgrade Guarantee will ensure that that the changes filter through to old clients as well as new. "Our Wealth Protection range has been on sale since 1998, meaning customers who took out their policy more than a decade ago have the same benefits ...