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Showing 71 - 80 of 2142 results for "Life Insurance"

Federated Hermes secures $486m for private equity fund

ANDREW MCKEAN  |  WEDNESDAY, 12 JUL 2023
... Investments (LPPI) and Hostplus. Moreover, the fund expanded its investor base, attracting new participants like Samsung Life Insurance from Korea and other European investors. Federated Hermes chief investment officer Peter Gale said the successful ...

Life, funeral insurers cop $14m fine

KARREN VERGARA  |  WEDNESDAY, 5 JUL 2023
... injury insurance. Howden will also have to pay $100,000 in penalties. Select sold the products issued by St Andrew's Life Insurance under the brand names Let's Insure and FlexiSure. Parent company Bank of Queensland sold St Andrew's to Farmcove Investment ...

Adviser levy tripled, labelled "deeply unfair"

JAMIE WILLIAMSON  |  THURSDAY, 29 JUN 2023
... registration, administration of the adviser exam, the Financial Services and Credit Panel, and the review of the Life Insurance Framework. The release of the indicative cost recovery follows minister for financial services Stephen Jones confirming the ...

Anti-hawking laws could dampen super fund advice: Academic

KARREN VERGARA  |  TUESDAY, 27 JUN 2023
... in place, however they don't cover financial advice services. One outcome led to the ban of hawking direct life insurance in 2020. National Advice Solutions was recently convicted of cold-calling consumers, trying to convince them to switch their ...

TelstraSuper introduces new option, drops premiums

JAMIE WILLIAMSON  |  MONDAY, 26 JUN 2023
... superannuation is an important component of our members' financial safety net and we have worked closely with insurer, MLC Life Insurance, to provide affordable insurance premiums so that members have more money in their retirement whilst also benefitting ...

Westpac plans aggressive platforms play

JAMIE WILLIAMSON  |  WEDNESDAY, 21 JUN 2023
... scale. In addition to platforms, this comprised superannuation and retirement products, investments, general and life insurance, auto finance, and Westpac Pacific. Of these, nine have been sold off. Only Westpac Pacific remains, after an unsuccessful ...

Allianz Retire+ makes key appointments

ANDREW MCKEAN  |  MONDAY, 19 JUN 2023
... relationship manager is Robert Coulter, previously head of clients, APAC at Ignition Advice. Allianz Australia Life Insurance chief executive Adrian Stewart said: "Robert brings over two decades of experience working with financial planners and dealer ...

Industry bodies respond to QAR recommendations

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
... advice," FAAA chief executive Sarah Abood said. "The government has also provided certainty with the continuation of life insurance commissions, whilst introducing a consent obligation that is covered through existing client approval arrangements." However ...

Zurich, InterPrac, Sequoia back pro-bono advice

CASSANDRA BALDINI  |  WEDNESDAY, 31 MAY 2023
... work with the not-for-profit to assist individuals suffering from serious illness or disability. Zurich said its life insurance advice business will work with PFAN to help Australians access personal insurance advice and insurance claims assistance. ...

No regrets: Hayne reflects on Royal Commission

KARREN VERGARA  |  TUESDAY, 30 MAY 2023
... this morning, Commissioner Hayne said he has no regrets about how he helped reform the banking, superannuation, life insurance and financial advice industries. "One of the oddities about doing a Royal Commission is that you investigate an area, you make ...