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Showing 61 - 70 of 1867 results for %22Product Review%22

Life insurance industry profits double, premiums rise: KPMG

ANDREW MCKEAN  |  TUESDAY, 17 OCT 2023
... doubling in the year to 30 June 2023, primarily due to gains in superannuation business, according to KPMG's annual market review. Risk products recorded a $400 million profit in FY23, down from $1.2 billion in FY22, largely driven by reduced retail ...

Licensees shun remediation obligations: ASIC

KARREN VERGARA  |  TUESDAY, 26 SEP 2023
... Consumer Remediation and found several gaps that could lead to poor consumer outcomes. Many are narrowing the remediation review period, which should begin when the licensee reasonably suspects the misconduct or failure first occurred and caused loss ...

Australia sees modest uptick in HNWIs: Study

CHLOE WALKER  |  MONDAY, 18 SEP 2023
... on a single platform are priorities for HNWIs," he said. "Advisers who are equipped with market-leading technology and product solutions will be able to better meet the needs of HNWIs." Wamsteker said the amount of Australian HNWIs' wealth that does ...

TAL launches new look Accelerated Protection range

JAMIE WILLIAMSON  |  MONDAY, 11 SEP 2023
... also enhances policy affordability at inception while enabling sustainable pricing to be maintained over the life of the product," he said. "The role advisers have in helping clients to navigate their financial journey is an essential one, and our updated ...

AustralianSuper sued over multiple accounts

JAMIE WILLIAMSON  |  FRIDAY, 8 SEP 2023
... trustees' duties. AustralianSuper self-reported the bungle to ASIC in December 2022 and was subsequently included in ASIC's review of how trustees are monitoring and merging multiple accounts. That review urged trustees to do better on this front ...

ASIC cracks down on CFDs, OTC derivatives

KARREN VERGARA  |  WEDNESDAY, 6 SEP 2023
... issued 10 interim stop orders and commenced a civil penalty proceeding for alleged breaches of DDOs and has engaged with product issuers to do the right thing. Such instruments have been under the watchful eye of ASIC since 2017. It has regularly reviewed ...

Integrity Life to cease writing new retail policies

JAMIE WILLIAMSON  |  TUESDAY, 5 SEP 2023
... risk advisers has forced a strategic pivot. Integrity Group, the parent company of Integrity Life, said it undertook a review of the business' strategy, considering several options, and found no longer writing any new life insurance policies is the ...

RBA considers impact of climate on monetary policy

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 AUG 2023
... technology and the speed with which climate, economic and social systems can adapt." Bullock noted that the April 2023 RBA review examined the role of monetary policy and climate change. The report said the RBA should "take account of climate risks but ...

Longevity risk is big super's biggest failure: Podcast

CASSANDRA BALDINI  |  MONDAY, 28 AUG 2023
... have failed to get traction," she said. "Companies that develop those have ended up footing a large bill because their product hasn't been successful and didn't sell or retirees didn't take it up. So, there's a whole lot of barriers to ...

Insignia consolidates further, creates Client Wellbeing arm

JAMIE WILLIAMSON  |  THURSDAY, 24 AUG 2023
... consolidate its client engagement teams to create a Client Wellbeing division as it prepares for the post-Quality of Advice Review world. Within its FY23 results update today, Insignia announced its refreshed strategy which includes a laser focus on ...