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Showing 1 - 10 of 14 results for "Life data"

Netwealth records $78bn FUA, flags departure

JAMIE WILLIAMSON  |  MONDAY, 29 JAN 2024
... continue to reduce outflows which we believe were largely driven by adverse market conditions." According to Plan for Life data, Netwealth is the sixth-largest platform by FUA market share, as at September 2023.

Super funds prime distributor of death, TPD cover

CHLOE WALKER  |  TUESDAY, 15 AUG 2023
... directly sold insurance has such a small market share," Rainmaker said. Nevertheless, Rainmaker analysis of Plan for Life data shows direct premiums have grown at a rapid 5.9% per annum through the past five years. Therefore, in Rainmaker's view, "the ...

Farewell Michael Harrison

JAMIE WILLIAMSON  |  MONDAY, 22 MAY 2023
... Zurich's Australian life insurance business; it is now the third-largest life insurer in Australia, according to Plan for Life data. Most recently, Harrison served as chair of Synchron, a role he took up in 2011 and held until the group's acquisition ...

Investors flock to term deposits over equities

ANDREW MCKEAN  |  THURSDAY, 27 APR 2023
... term deposits and away from equity funds, signalling a shift towards more conservative investment strategies. Plan for Life data revealed that Australian equities funds experienced a decline in net funds inflows, from $12.5 billion in the 12 months ending ...

HUB24 inflows slow amid challenging market dynamics

ANDREW MCKEAN  |  TUESDAY, 17 JAN 2023
... period. Meanwhile, the ASX200 price index over the 12-month period to 31 December 2022 was -5.5%. According to Plan for Life data, HUB24 was ranked first for quarterly net inflows and second for annual net inflows. The funds platform's market share ...

Group insurance using shoddy data: Rice Warner

KARREN VERGARA  |  TUESDAY, 19 JAN 2021
... only five major group life insurers, it should be possible in the future to develop an industry portal to handle group life data more efficiently, Rice Warner said.

Masterfund assets decline

KARREN VERGARA  |  WEDNESDAY, 23 SEP 2020
... the 2019-20 financial year but has almost recovered the losses instigated by the global pandemic, the latest Plan For Life data show. The sector, which comprises mutual funds on wraps, platforms and master trusts, reached $824.3 billion for the period ...

Major life insurers continue to suffer

HARRISON WORLEY  |  THURSDAY, 23 JAN 2020
... CommInsure, AMP, BT, Zurich and MLC all registering lower risk premium inflows across 2019, according to new Plan for Life data. The actuary and research firm released the latest data on life insurance risk premium inflows and sales for the year ending ...

Individual risk income premiums top $2.4bn

DARREN SNYDER  |  FRIDAY, 4 DEC 2015
... premium inflows increased 5.5% to more than $2.4 billion in the year to September 2015 according to the latest Plan For Life data. BT/Westpac led the overall percentage growth, recording a 16.7% increase in risk income inflows to about $256 million during ...

AIA sees $1.9bn premium growth

DARREN SNYDER  |  FRIDAY, 17 JUL 2015
... growth among Australia's life insurance risk premium inflows during the 12 months to March 2015 according to Plan for Life data. AIA grew 20.2%, recording $1.87 billion in inflows, seeing them jump from fifth to third in terms of a market share percentage ...
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