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Search ResultsShowing 1 - 10 of 100+ results for "Life insurance"
MLC Life hires general manager
KARREN VERGARA  |  TUESDAY, 4 MAY 2021
MLC Life Insurance has appointed a new lead for its life insurance portfolio, overseeing product, pricing and retail. Bozenna Hinton started in her new role of general manager of product pricing and retail insurance proposition on May 3. Hinton is responsible ...
ClearView appoints head of life strategy
KANIKA SOOD  |  MONDAY, 3 MAY 2021
... business was acquired by Zurich. In her new role at ClearView, Falas will report to ClearView general manager, life insurance Gerard Ker r, who also joined ClearView after having worked at Zurich and ANZ. "The life insurance industry is undergoing enormous ...
Westpac profit climbs, executive leaves
ANNABELLE DICKSON  |  MONDAY, 3 MAY 2021
... Pacific, General Insurance and Lenders Mortgage Insurance. The remaining businesses to be sold include Westpac Life Insurance, Auto Finance and its superannuation, platforms and investments divisions (including BT). "We are strengthening our focus on ...
Disability income faces reckoning
KARREN VERGARA  |  FRIDAY, 30 APR 2021
... their act together and provide a solution by the end of the year - or else face another scenario similar to the Life Insurance Framework. "The Life Insurance Framework came about because the industry could not commit to unified action when we were being ...
Westpac settles life insurance class action
ELIZABETH MCARTHUR  |  WEDNESDAY, 28 APR 2021
Westpac has settled a class action relating to life insurance sold through its financial advice network. The class action was brought against Westpac Group by Shine Lawyers in 2017. It claimed that between 2011 and 2017, customers who received financial ...
Suncorp divests super unit to industry fund
KARREN VERGARA  |  WEDNESDAY, 28 APR 2021
... began scouting for potential buyers in February 2020, joining a herd of large financial institutions abandoning life insurance and superannuation. Suncorp Portfolio Services landed in hot water at the banking Royal Commission for a number of issues that ...
Macquarie-linked fund manager shutters
KARREN VERGARA  |  MONDAY, 26 APR 2021
... and weak performance. IPM was founded in Sweden in 1998, attracting institutional investors like pension funds, life insurance companies and foundations from the US, Europe, Asia and Australia to its algorithm-driven macro strategy. IPM is in the process ...
Commissions likely to stay: Hume
KARREN VERGARA  |  THURSDAY, 22 APR 2021
The coalition has hinted that it will not eradicate commissions paid on life insurance products, acknowledging that financial advisers' bottom line has struggled since the introduction of the Life Insurance Framework reforms. While the government's ...
Pandemic spurs advice, insurance rethink
KARREN VERGARA  |  WEDNESDAY, 21 APR 2021
The COVID-19 pandemic has forced many Australians to review their life insurance cover and seek the help of a financial adviser. This is according to the annual MetLife Adviser-Client Relationship Report, which reveals that over 40% of the participants ...
Life industry to launch framework
ANNABELLE DICKSON  |  WEDNESDAY, 21 APR 2021
The life insurance industry is developing a Professional Standards Framework for all claims and underwriting professionals, with support from the Australian and New Zealand Institute of Insurance and Finance (ANZIIF). The framework is being developed ...
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