Search ResultsShowing 1 - 10 of 100+ results for "Life insurance"
What people really think about life commissions
ELIZABETH MCARTHUR  |  TUESDAY, 21 JAN 2020
... client needs. The MetLife Client-Adviser Relationship Report looked at what clients want from financial advice and life insurance. The research found that "commission" isn't necessarily a dirty word to clients - but they want flexibility in how they ...
MetLife appoints KPMG super director
ALLY SELBY  |  MONDAY, 20 JAN 2020
... work in partnership with them to navigate this changing landscape." He said Tse will help restructure MetLife's life insurance business. "[Tse will] play an important role in evolving our life insurance business and the industry," Nunn said. "We intend ...
Future of life insurance in doubt: APRA
ELIZABETH MCARTHUR  |  FRIDAY, 17 JAN 2020
... Prudential Regulation Authority released its look-back at 2019, making special mention of tough times for the life insurance industry and questioning its sustainability. "Australia's life insurance sector faced deteriorating conditions over 2019," APRA ...
FPA supports tightening insurance claims
ELIZABETH MCARTHUR  |  MONDAY, 13 JAN 2020
... regulations to make insurance claims handling a financial service, detailed several ways in which advice in relation to life insurance and the claims handling process could be tightened up. The FPA supports the Royal Commission's recommendation 4.8 ...
ASIC claims to support robo-advice
ELIZABETH MCARTHUR  |  FRIDAY, 10 JAN 2020
... discuss proposed models for robo-advice covering risk profiling and investment advice, superannuation strategies, life insurance, self-managed super fund establishment and holistic advice. "Different types of digital advice models face different challenges ...
FSC, super sector steps up for bushfire affected
HARRISON WORLEY  |  WEDNESDAY, 8 JAN 2020
... Financial Services Council launched a tool to help bushfire affected Australians and their beneficiaries locate life insurance policies in the event they cannot find or remember their policy details in the aftermath of the disaster. Speaking with Financial ...
MLC Life Insurance under review
ELIZA BAVIN  |  TUESDAY, 7 JAN 2020
Australia's life insurance industry is facing deteriorating profitability in relation to income protection products, according to MLC Life Insurance owner Nippon Life. The Japan-based majority shareholder of MLC Life purchased the business off National ...
YBR exits wealth, sells for $2.5 million
ELIZABETH MCARTHUR  |  MONDAY, 6 JAN 2020
... $2.5 million. YBR Wealth's share of rights to the recurring revenue streams derived from its wealth advice and life insurance distribution businesses has been sold to Interprac, a wholly owned subsidiary of Sequoia Group. The sale will mean current YBR ...
What you read in 2019: Financial advice
JAMIE WILLIAMSON  |  THURSDAY, 19 DEC 2019
... many heading for the exit. We've seen the banning of grandfathered commissions and continued reduction in life insurance commissions. We've seen major increases to compliance requirements imposed upon practices, making it more difficult to run ...
MLC Life loses super fund mandate
KANIKA SOOD  |  MONDAY, 16 DEC 2019
An $8.5 billion corporate superannuation fund has swapped out MLC Life Insurance for another provider after eight years. Qantas Super will now use OnePath Life as its insurance partner, with an expected start date of 1 July 2020. The fund started to ...
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