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| | | AIA Australia's newly launched advice business has named a chief executive to lead its efforts, as the life insurer brings some Commonwealth Financial Planning advisers into the fold. The life insurer has set up AIA Financial Wellbeing, led by Pina ... |
| | | | Commonwealth Bank has transferred part of Commonwealth Financial Planning to AIA, with the remainder of the business now subject to a strategic review. The big bank has offloaded part of Commonwealth FP to AIA Financial Services, a wholly owned subsidiary ... |
| | | | Former Mutual Trust and AIA Australia chief investment officer Graeme Bibby has joined a wealth management firm. Bibby is now Partners Wealth Group's chief investment officer. He has 25 years of experience, including in consulting at Russell and Mercer. ... |
| | | | AIA Australia has a new chair, separating its board from the board of AIA New Zealand. Theresa Gattung had been chair for 12 years, now she will serve as chair of the AIA New Zealand board only. Peter Yates, previous chair of CommInsure which AIA acquired ... |
| | | | ... From August 1, the member would pay $1.50 extra a month, equalLing $12.91. BT last year switched from BT Life Insurance to AIA as the group insurer for its superannuation products. "Insurance premiums are regularly reviewed by our Insurer, taking into ... |
| | | | ... consulting services at IFS Insurance Services. She has also worked as a product manager at AXA/National Mutual. In her new role at AIA, Hancox will be a part of the group distribution team. AIA said it has recently done a strategic review of the group ... |
| | | | ... their clients take out life insurance policies through former CBA subsidiary Commonwealth Mutual Life Assurance (now owned by AIA), when cheaper premiums for similar policies were available. The group wants to be paid the losses they incurred as a result ... |
| | | | ... company of Mitsui Sumitomo Insurance Co for $886 million. CBA is also expected to complete the sale of CommInsure Life to AIA Australia in the coming months. In January, AIA Australia and CommInsure Life sent a letter to CommInsure policyholders to inform ... |
| | | | ... Beevors said. Piri Kularajah recently joined MLC Insurance as head of profitability and performance reporting after working at AIA for nearly two years. |
| | | | ... values by $2000-$9000 for the same age groups. The largest group insurance players based on member numbers are TAL (37%), AIA (22%) and MetLife (14%). ASIC estimates that 86% of superannuation members with insurance are on the default settings. "Many ... |
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| | KARREN VERGARA AIA Australia's newly launched advice business has named a chief executive to lead its efforts, as the life insurer brings some Commonwealth Financial Planning advisers into the fold. | JAMIE WILLIAMSON Yesterday's Standing Committee hearings on financial advice suggested the corporate regulator and industry superannuation funds are the only ones benefiting from increasing costs. | | | KANIKA SOOD The superannuation startup geared at self-employed workers is looking to raise $1.5 million, as it sets it sights on 60,000 members in five years. | ELIZABETH MCARTHUR The Australian Financial Complaints Authority (AFCA) has made changes to its procedures to weed out complaints where the consumer didn't really suffer any financial harm. |
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