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Showing 711 - 720 of 2303 results for "Life Insurance"

Risk commission changes imperil advice practices

KARREN VERGARA  |  WEDNESDAY, 5 JUN 2019
As financial advisers adjust their business models to the Life Insurance Framework, many fear the Royal Commission's recommendations will further undermine the viability of their practices. This is according to ClearView's latest survey of 630 financial ...

Zurich finalises OnePath acquisition

KARREN VERGARA  |  TUESDAY, 4 JUN 2019
Zurich has completed its acquisition of ANZ's life insurance business OnePath. More than 500 employees nationwide have joined the Zurich Life and Investments team. It also marks the commencement of a 20-year distribution agreement via ANZ's bank channels. ...

Prime Super drops admin fees

KARREN VERGARA  |  MONDAY, 3 JUN 2019
... members can expect to pay more for death and TPD cover from 1 July 2019, while AustralianSuper members paid more for life insurance as of 1 June 2019.

Super fund increases premiums

KARREN VERGARA  |  FRIDAY, 31 MAY 2019
A $1.5 billion superannuation fund will increase life insurance premiums as a result of the Protecting Your Super Package reforms. New and existing REI Super members will pay more for death and TPD cover from 1 July 2019. They join the ranks of AustralianSuper ...

Advice dealer group shutters

HARRISON WORLEY  |  FRIDAY, 31 MAY 2019
... operations. The firm agreed to sell its policy administration business to a third party - later revealed to be Genus Life Insurance Services - for $5 million to help ensure it could pay remaining remediation costs and meet the demands of its creditors. ...

Life insurers post strong March quarter

KANIKA SOOD  |  FRIDAY, 31 MAY 2019
Latest APRA life insurance stats show the life insurance industry turned a $536 million net profit after tax in the first three months of 2019 after a loss-making December quarter, but full-year results are still bleak. The industry reported a net profit ...

Super funds can spearhead infrastructure: Expert

HARRISON WORLEY  |  WEDNESDAY, 29 MAY 2019
... jettison their wealth management operations was mathematical. The big banks certainly tried the wealth management and life insurance route, but for various reasons it hasn't worked out, he said. "But at the end of the day if they're not getting ...

Zurich launches new client portal

ELIZABETH MCARTHUR  |  FRIDAY, 24 MAY 2019
Zurich has launched a new on demand, self-serve portal for life insurance, superannuation and investment clients. The My Zurich portal will offer a new level of engagement for clients, which Zurich said will drive greater adviser efficiency and streamline ...

MLC Life wins group insurance mandate

KARREN VERGARA  |  WEDNESDAY, 22 MAY 2019
MLC Life Insurance has won a group insurance mandate from a $6 billion superannuation fund. It will replace AIA Australia. Maritime Super members will be covered for death, TPD and income protection insurance under a new agreement with MLC Life that's ...

Tobacco company launches life insurance offering

KARREN VERGARA  |  FRIDAY, 17 MAY 2019
A major tobacco company is eyeing the life insurance industry by launching products that offer discounts for customers that quit smoking or switch to alternatives. Philip Morris International, the manufacturer of Marlboro cigarettes, will launch life ...