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| | | Nippon Life has announced it has reached an agreement to acquire Mitsui Life. Following industry speculation in August that Nippon, Japan's second-biggest life insurer, was planning to acquire Mitsui in September, the two companies have jointly announced ... |
| | | | TAL and Zurich provide the best value life insurance products, according to Canstar's 2015 Star Ratings Report. The report found that both insurers "couldn't be separated for top honours in providing outstanding value overall across the life insurance ... |
| | | | Net establishments of new self-managed super funds have steadily declined since mid-2014, according to ATO and APRA data. Specifically, net establishments have fallen by 24% to 22,822 in the 12 months to June 2015. While this can be partly attributed ... |
| | | | First home buyers should have access to their superannuation funds to purchase owner-occupied housing perhaps in return for the familiy home being counted in the pension assets test, the Committee for Economic Development of Australia (CEDA) has said. ... |
| | | | AMP has appointed a managing director of Charter and ipac, reporting to AMP group executive advice and banking, Rob Caprioli. Tim Mitchell-Adams will be responsible for leading the Charter, ipac, Jigsaw and SMSF Advice businesses. Mitchell-Adams previously ... |
| | | | AMP has released its half-year results for 2015, revealing a net profit of $507 million, up 33% on the previous corresponding period. Wealth management - including advice, platform administration, unit linked superannuation, retirement income and investment ... |
| | | | State Street Global Advisors (SSGA) has grown its managed fund sales team in Sydney with the appointment of two experienced sales managers. Syvanna Croyden and Amanda Conner will be responsible for in-field sales, reporting to head of managed fund sales ... |
| | | | The Australian Securities and Investments Commission (ASIC) has established a Digital Finance Advisory Committee (DFAC) that will meet for the first time next month and advise the regulator on engagement with fintech businesses. DFAC forms one part ... |
| | | | More competitors are expected to offer annuities should tax impediments around deferred lifetime annuities be removed in the impending financial services and tax reviews. CommInsure head of annuities, George Lytas, said the removal of that tax impediment ... |
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