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Showing 51 - 60 of 87 results for %22Resolution Life Australia%22

AMP adds competitors to platform

ELIZABETH MCARTHUR  |  FRIDAY, 24 JAN 2020
... technology and administrative upgrades." Bourguignon hinted that the expanded insurance offerings are part of a new year resolution for the Australian wealth giant's platform business. "With more external financial advisers and their clients adopting ...

MLC Life strengthens group insurance team

JAMIE WILLIAMSON  |  MONDAY, 14 OCT 2019
... partnership manager at AIA Australia. She has also held senior product roles with CommInsure and previously worked in dispute resolution for advice and investments at Commonwealth Bank. Confirming the appointment, a spokesperson for MLC Life told Financial ...

AMP announces new strategy, capital raise

JAMIE WILLIAMSON  |  THURSDAY, 8 AUG 2019
... De Ferrari said. Also announced, AMP has revised the terms of the AMP Life sale, saying the new agreement with Resolution Life provides greater certainty of execution and an implied value of $3 billion. The sale, which failed to meet necessary regulatory ...

AMP Life appoints temporary investment chief

KANIKA SOOD  |  MONDAY, 1 JUL 2019
... business separation," AMP Life said. AMP is currently in the process of offloading its life business to UK-based Resolution Life in a $3.3 billion sale that is expected to complete in the second half of this year and is subject to regulatory approvals. ...

Final farewell for industry association

JAMIE WILLIAMSON  |  FRIDAY, 7 JUN 2019
... of its membership having reached life expectancy, its membership totals just 4000. Members also approved a special resolution as to what would be done with SCOA's surplus funds. Earlier this year, SCOA president Peter Illidge told Financial Standard ...

AMP leaks $1.8bn, names new CFO

HARRISON WORLEY  |  THURSDAY, 2 MAY 2019
... address the firm's difficult 2018. Touching on the controversial sale of AMP's life business to the UK-based Resolution Life, Murray said the life business had been challenged for some time, and was firm in his belief the sale was in the company's ...

ASA to vote against AMP remuneration

HARRISON WORLEY  |  FRIDAY, 26 APR 2019
... association also slammed AMP for failing to seek shareholder approval for the sale of its life insurance business to Resolution Life last year, which caused concern among shareholders together with enduring the financial services Royal Commission and ...

AMP announces board changes

ELIZABETH MCARTHUR  |  MONDAY, 8 APR 2019
AMP announced a new appointment to its board as the sale of AMP Life to Resolution Life is completed. Debra Hazelton will join the AMP board as non-executive director from June 15. Trevor Matthews will remain on the AMP Life board as an AMP nominee ...

Regulators name laggard life insurance providers

KARREN VERGARA  |  MONDAY, 1 APR 2019
While the majority of life insurance claims are paid in the first instance (92%), the wait and resolution times vary significantly across providers, a joint study by the regulators found. AMP (eight months) and Westpac (three months) take the longest ...

AFA takes red pen to Hayne report

HARRISON WORLEY  |  WEDNESDAY, 20 MAR 2019
... Anderson said. "It does not acknowledge the relatively small number of complaints received by ASIC and External Dispute Resolution schemes. There does not seem to be an understanding that adviser remuneration, both upfront and ongoing, must be approved ...