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Showing 781 - 790 of 2304 results for "Life Insurance"

Life risk commissions must also go: Hayne

KANIKA SOOD  |  MONDAY, 4 FEB 2019
Commissioner Kenneth Hayne has recommended ASIC ultimately whittle down the commissions on life insurance products to zero unless there is a clear justification to keep them. On 1 January 2018, advisers' upfront commission for implementing a life ...

Harder for insurers to dodge claims

KANIKA SOOD  |  MONDAY, 4 FEB 2019
... Section 29(3) of the Insurance Contracts Act should be amended so that an insurer may only avoid a contract of life insurance on the basis of non-disclosure or misrepresentation if it can show that it would not have entered into a contract on any terms," ...

Synchron renews calls on risk advice separation

KANIKA SOOD  |  FRIDAY, 1 FEB 2019
... advice are not separated, dedicated risk advisers will exit the industry in droves. "Australians need access to both life insurance advisers and financial planning advisers, but in our experience, these are usually two separate people and two separate ...

TAL to offer FASEA masterclass

HARRISON WORLEY  |  THURSDAY, 31 JAN 2019
... and continuous learning support to advisers and the 2019 program is no exception," Riley said. "The advice and life insurance industries are undergoing significant change at the moment and TAL's aim is to support our adviser partners by providing ...

Former TAL chief appointed at Swiss Re

HARRISON WORLEY  |  THURSDAY, 31 JAN 2019
... Trustees, as well as the National Disability Insurance Agency. Additionally, Minto chairs Partners Life, a New Zealand life insurance company. Chair of Swiss Re's boards in Australia Jillian Broadbent paid tribute to Dennis Fox and his 10 years of service ...

Australia Day honours recognise industry stalwarts

JAMIE WILLIAMSON  |  TUESDAY, 29 JAN 2019
... governance and philanthropic roles. Gupta is also a director at NAB, Link Group, Charter Hall, Bank of New Zealand Life Insurance, icare, Quintessence Labs and SBS. He is a former chairman at Stateplus and director at Crowe Horwath and MLC among other ...

AMP profits nose dive, dividends hit

KANIKA SOOD  |  FRIDAY, 25 JAN 2019
... unwinding the internal distribution arrangements and adjustments for tax and products transferring on sale from its life insurance sale to Resolution Life; and $40 million in post-tax costs of stranded group office costs. The final results are to be ...

ASIC bans former NAB, CBA advisers

JAMIE WILLIAMSON  |  THURSDAY, 24 JAN 2019
... a representative of Interprac this week. The regulator also banned Matthew Geappen of Hobart for five years for life insurance churning. While authorised by CBA's Financial Wisdom, Geappen was found to have advised clients to switch from one insurance ...

FSC extends life code consultation deadline

KARREN VERGARA  |  THURSDAY, 24 JAN 2019
... extending the consultation period for the second iteration of its life code until 31 January 2019. The draft FSC Life Insurance Code of Practice was first released for consultation in November 2018, proposing 30 changes that include banning aggressive ...

NEOS Life expands to the west coast

KARREN VERGARA  |  WEDNESDAY, 23 JAN 2019
Retail life insurance provider NEOS Life is expanding in Western Australia with the help of three former AIA Australia staff. Reon Botha will lead the Western Australian sales team as state manager. He joined from AIA Australia where he was a senior ...