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Showing 831 - 840 of 2290 results for "Premium"

ClearView defends risk advice commissions

KARREN VERGARA  |  TUESDAY, 26 MAR 2019
... Australian Financial Services Licensee (AFSL)." Under the LIF, which was introduced on 1 January 2018, the first year's premium is capped at 80% with a 20% trailing commission thereafter. From 1 January 2019, the first year's premium was capped ...

Robert slates industry over inactive accounts

HARRISON WORLEY  |  THURSDAY, 21 MAR 2019
Assistant Treasurer Stuart Robert has taken aim at the financial services industry over its "lazy" attitude in dealing with inactive superannuation accounts. Speaking at the Financial Services Council's Life Insurance Conference in Sydney this morning ...

TAL goes back-to-back at AFA awards

HARRISON WORLEY  |  MONDAY, 18 MAR 2019
... on the life insurance industry shows that trends over the last five years have continued, with overall life insurance premium inflows down 9% but overall risk premium inflows increasing by almost 2% to year-end September 2018," Soloman said. "We expect ...

Boutique fund manager drops fees

JAMIE WILLIAMSON  |  WEDNESDAY, 13 MAR 2019
A boutique funds management group is reducing the management fees on one of its signature funds. Premium China Funds Management is dropping the management fee on its Premium Asia Fund by 45 basis points. This will sit alongside the removal of the performance ...

GPT sells MLC Centre for $800 million

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 MAR 2019
... Dexus Wholesale Property Fund after entering into a binding agreement. The sale price is $800 million, representing a 3%premium to GPT's December 2018 book value. The asset has achieved a return in excess of 20%per annum for the group. GPT announced ...

Bond fund launches to local investors

KARREN VERGARA  |  MONDAY, 11 MAR 2019
A new credit fund has launched to Australian wholesale investors. The Loomis Sayles World Multi-Asset Credit Fund invests in global investment grade and high yield credit, bank and securitised loans, and emerging markets sectors. It replicates the $US2.9 ...

New life insurer is RC good news story

HARRISON WORLEY  |  THURSDAY, 7 MAR 2019
A freshly launched life insurer believes it is the "good news story" to come from the Royal Commission. Speaking at the Sydney leg of a nationwide adviser roadshow, Integrity Life managing director Chris Powell said the firm was well positioned to take ...

YBR in trading halt, flags loss

KARREN VERGARA  |  MONDAY, 4 MAR 2019
Yellow Brick Road has been suspended from trading for failing to lodge its half-year report. YBR told the market on Friday it will incur a statutory after-tax loss for the six months to 31 December 2018. The results include a material non-cash impairment ...

ClearView posts first half profit dip

KANIKA SOOD  |  WEDNESDAY, 27 FEB 2019
ClearView posted a 13% dip in its underlying NPAT in the first half as it repositions pricing of its life insurance and wealth management products. The ASX-listed diversified financials has three main businesses: life insurance, wealth management and ...

Clearview overhauls life insurance premiums

KARREN VERGARA  |  WEDNESDAY, 20 FEB 2019
... LifeSolutions customers will be subject to new pricing structures from 1 March 2019. Stepped and hybrid premiums life and TPD premium rates will be lowered, while trauma, income protection and business expenses premiums will increase. Rates for new level ...