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Showing 71 - 80 of 149 results for "Underinsurance"

Proposed reforms could hurt insurance levels: AFA

ALISON BEVEGE  |  TUESDAY, 22 FEB 2011
... death or disaster and to resist tinkering with a remuneration system which is not broken," Klipin said. He said underinsurance levels were now chronic, citing a Lifewise/NATSEM report released last February that indicated the problem could cost the government ...

Commission ban to widen underinsurance gap: survey

MICHELLE BALTAZAR  |  FRIDAY, 11 FEB 2011
Six in ten Australians are less likely to seek risk advice if they have to pay fees upfront rather than through commission paid to their financial adviser, a consumer survey found. The survey differs from previous surveys done on the commission versus ...

Advisers must unite against AusFin

MEDIA RELEASE  |  WEDNESDAY, 15 DEC 2010
... critical issues they currently face, including savings and retirement savings inadequacy and chronic levels of underinsurance," AFA chief executive officer, Richard Klipin, said. Klipin said the advice profession has experienced volumes of negative media ...

Tower wins First State Super, ousts MetLife

RUTH LIEW  |  TUESDAY, 30 NOV 2010
... value of new business rose 76 per cent to $169 million during the period. "We continue to see significant levels of underinsurance across Australia and addressing this remains a key focus," said Jim Minto, managing director of Tower. Michael Dwyer, chief ...

Tower posts strong growth in direct and life ins

ELISE BURGESS  |  THURSDAY, 25 NOV 2010
... direct market space and consolidation of a number of legacy products. "We continue to see significant levels of underinsurance across Australia and addressing this remains a key focus," said Minto. In super, Tower said it is working with the Financial ...

Countplus buys risk dealer group

MEDIA RELEASE  |  FRIDAY, 1 OCT 2010
... advice to clients of Count's network of approx 750 advisers, according to a press statement. This, together with the underinsurance currently within the Australian population, should help TFSA in its future growth objectives. TFSA was acquired for an ...

CommInsure wins industry fund mandates

MEDIA RELEASE  |  WEDNESDAY, 22 SEP 2010
... CommInsure worked closely with both Care Super and broking and consulting firm IFS Insurance Broking (IFSIB) to address underinsurance within the fund. Most members received a doubling in their insurance coverage for death and TPD cover. The group also ...

AIA moves to integrate retail offering

COMPANY RELEASE  |  THURSDAY, 22 JUL 2010
... in a better position to address their clients' end-to-end protection needs and tackle the very real problem of underinsurance amongst everyday Australians." Platform Investor Protect will capitalise on the converging retail and group insurance products ...

Ban insurance commissions in super: Cooper

RUTH LIEW  |  MONDAY, 5 JUL 2010
... however, has raised planners' concerns and predictions that this could curb future attempts to improve Australia's underinsurance problem, said Paul Foster, managing director of planning firm Addwealth. "I think it will mean a lot less insurance gets ...

Too much insurance erodes savings

COMPANY RELEASE  |  MONDAY, 21 JUN 2010
... their retirement savings. Mark Ashburn, national sales manager for Professional Associations Super, warns while underinsurance is an issue for many Australians, it's also possible to have 'too much of a good thing'. "It's widely accepted that having ...