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Showing 821 - 830 of 2326 results for "life insurance"

Financial Standard unwrapped: Our top stories in 2018

HARRISON WORLEY  |  WEDNESDAY, 19 DEC 2018
... in February to deal with the fallout from its Royal Commission appearance, AMP eventually decided to divest its life insurance and wealth protection business, in a $3.3 billion sale that attracted the ire of shareholders. The ASX was forced to intervene ...

$200k on the life-line for new Freedom chief

HARRISON WORLEY  |  MONDAY, 17 DEC 2018
... employment contract of Freedom's new chief executive includes a $200,000 pay increase if he can secure the firm a life insurance licence. Former TAL general manager Sean Williamson began his tenure as chief executive of Freedom on 14 December. The ...

MLC admin error hits superannuation DB members

KARREN VERGARA  |  FRIDAY, 14 DEC 2018
... May it will divest its super and wealth management operations by the end of 2019. It retained 20% of MLC's life insurance business, the majority of which was sold to Nippon Life in 2015. Two years ago, NAB merged five of its super funds into one ...

Centrepoint pulls out of NEOS Life

JAMIE WILLIAMSON  |  THURSDAY, 13 DEC 2018
Centrepoint Alliance will no longer back life insurance startup NEOS Life, requesting its investment be repaid in full sooner than originally agreed to. In line with its recent strategy refresh, a review of Centrepoint's assets and interests determined ...

Challenger bolsters exec lineup

KANIKA SOOD  |  WEDNESDAY, 12 DEC 2018
... having started in 2003. He has served as Challenger's chief investment officer and the chief executive of its life insurance business in the past. Prior to joining Challenger, Howes worked at Bankers Trust and Macquarie.

Complainants most satisfied with life insurers

KARREN VERGARA  |  TUESDAY, 11 DEC 2018
Complaints staff of life insurance companies are the most helpful when it comes to resolving customer disputes, ASIC has found. The regulator documented consumers' complaints journey across financial services and life insurance to find staff of ...

Survey says no to subsidising life insurance for genetically at-risk Aussies

HARRISON WORLEY  |  MONDAY, 10 DEC 2018
Australians do not want to subsidise life insurance for those with adverse genetic test results, according to the latest Financial Services Council study. The FSC recently released results of its consumer survey conducted in July this year. The survey ...

APRA takes action against IOOF

HARRISON WORLEY  |  FRIDAY, 7 DEC 2018
... assess the various options available to it. ANZ clarified it was still working towards separating OnePath's life insurance business from its pensions and investments arm, and the planned sale of the life arm to Zurich would not be affected. "Given ...

Freedom ditches life insurance sales

KARREN VERGARA  |  THURSDAY, 6 DEC 2018
Freedom Insurance Group announced it will stop selling life insurance products and alerted shareholders of the likelihood it will face a liquidity crisis next year. The board of the embattled insurer has decided to search for alternative business models ...

Two senior hires at Integrity

KARREN VERGARA  |  WEDNESDAY, 5 DEC 2018
... appointments follow the recent hire of William Rogers to the role of head of retail product. Rogers joined the life insurance provider from CommInsure, where he was a senior product development and research manager for the last three years. "Across retail ...