Search ResultsShowing 1 - 10 of 100+ results for "Insurers"
Life commissions, referral fees still kosher: AFA
ELIZABETH MCARTHUR  |  THURSDAY, 27 FEB 2020
... Code of Ethics, Anderson pointed out advisers need to think about conflicts in a slightly different way. "All of the insurers are broadly paying the same rate. So the issue of conflict is not with the product you select but the level of insurance that ...
CommInsure income protection off the menu
ELIZABETH MCARTHUR  |  TUESDAY, 18 FEB 2020
... Cooperation Agreement in November 2019. AIA's Priority Protection will now be the income protection offering for the joint insurers. Priority Protection will now have an involuntary unemployment benefit, which is a CommInsure Protection feature. AIA ...
AIA income protection premiums jump
ELIZABETH MCARTHUR  |  FRIDAY, 14 FEB 2020
... loss-making. KPMG partner and head of insurance David Kells reiterated the influence of the difficult environment life insurers were operating in, and said there was "no simple solution to the very poor experience of income protection business".
AMP faces fresh class action
ALLY SELBY  |  WEDNESDAY, 12 FEB 2020
... said AMP advisers sold the life insurance products despite knowing their clients could get better deals through other insurers. "AMP has encouraged and incentivised its financial advisers to prioritise personal gain above their professional obligations," ...
FSC sheds light on cancer impact
HARRISON WORLEY  |  TUESDAY, 4 FEB 2020
... financial year. According to data produced in partnership between the Financial Services Council and KPMG, Australia's life insurers paid out around $1.55 billion in claims associated with cancer in the year to 30 June 2019. Claims made as a result of ...
Ongoing fees, advice fees in super to be reformed
ELIZABETH MCARTHUR  |  FRIDAY, 31 JAN 2020
... this point: "The draft legislation seeks to strengthen consumer protection by including the extra condition for life insurers and prevent the insurer from inappropriately cancelling a contract in circumstances where the life insurer would still provide ...
Meet the Sydney boutique beating Magellan's returns
KANIKA SOOD  |  FRIDAY, 24 JAN 2020
... still runs. He is supported by two analysts, including former CSLA analyst Swati Reddy. His team stays away from banks, insurers, miners, utility companies and companies subject to government regulation. He holds a portfolio of about 15 companies, a ...
AMP adds competitors to platform
ELIZABETH MCARTHUR  |  FRIDAY, 24 JAN 2020
AMP is adding other insurers' products to its platform as it records a whopping drop in risk sales for 2019. AMP has partnered with AIA and TAL to expand the insurance products offered on its MyNorth platform. Both insurance offers are available for ...
Aussie stocks burnt in blaze
ALLY SELBY  |  THURSDAY, 23 JAN 2020
... Entertainment and SKYCITY Entertainment. Retail groups Bapcor and Premier Investments are likely to also suffer, while insurers SunCorp, Insurance Australia and QBE may be impacted by an increase in claims. The report also suggests implications for Orica ...
American private debt fund eyes Australia
KANIKA SOOD  |  THURSDAY, 23 JAN 2020
... Brendan Carroll said on a recent visit to Sydney. Among its investors are the sovereign wealth funds, pension funds, insurers and the World Bank's International Finance Corporation. The firm primarily focuses on institutional investors but has an ...
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