Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 34 results for "Life products"

AMP to pay $29m to settle class action

RIDDHIMA TALWANI  |  THURSDAY, 11 DEC 2025
... to inform their clients that they could obtain substantially equivalent or better insurance policies than the AMP life products from alternative insurers for lower premiums." The class action was seeking compensation for excess premiums paid by group ...

Crown Wealth director banned for two years

KARREN VERGARA  |  THURSDAY, 30 OCT 2025
... regarding superannuation, securities, deposit and payment products, interests in managed investment schemes and life products, and to deal in those products. Rodwell failed to take proactive steps to ensure Crown Wealth complied with its obligation to ...

CC Capital drags feet on Insignia takeover bid

KARREN VERGARA  |  MONDAY, 21 JUL 2025
... Capital was founded in 2016 by Chinh Chu and Douglas Newton. Its portfolio includes annuities and indexed universal life products Fidelity & Guaranty Life provider, commercial data and analytics firm Dun & Bradstreet, and investment technology and advisory ...

Mass-affluent population key to insurer sustainability: Report

JAMIE WILLIAMSON  |  FRIDAY, 20 OCT 2023
... customers also need - and show interest in - flexible support from life insurers. More than 75% want innovative life products, but today, only 27% of insurers have advanced development capabilities." It said insurers must look to develop innovative products ...

BT cuts fees, premiums for super members

ELIZABETH MCARTHUR  |  FRIDAY, 9 OCT 2020
... a note to members. Most members will pay a lower standard administration fee on their BT Super and BT Super for Life products. Those with more than $17,647 in their super will pay a lower standard admin fee, but those with less than $17,647 (and more ...

Challenger launches new lifetime annuity

KANIKA SOOD  |  MONDAY, 24 AUG 2020
... retirees. In its FY20 results reported on August 13, Challenger Life - which includes annuities as well as other life products - saw total sales rise 13% to $5.2 billion. But total annuity sales were down about 12% to just $3.1 billion. Domestic annuity ...

Tough year at Challenger

KANIKA SOOD  |  TUESDAY, 11 AUG 2020
... attract about $400 million of external money during FY20. Challenger Life - which includes annuities as well as other life products - saw total sales rise 13% to $5.2 billion. But total annuity sales were down about 12% to just $3.1 billion. Domestic ...

Freedom Insurance suspends trading

KARREN VERGARA  |  THURSDAY, 7 FEB 2019
... decided to search for alternative business models after a strategic review headed by Deloitte found new sales of its life products are no longer viable. Further, in the absence of incoming revenue and repaying commissions, the board flagged a potential ...

Ten stories that defined the Royal Commission

HARRISON WORLEY  |  WEDNESDAY, 19 DEC 2018
... announced it would withdraw from life insurance sales, after a Deloitte-led strategic review found new sales of its life products were no longer viable. ClearView breached anti-hawking law 300k times Days earlier, the Royal Commission heard ClearView's ...

$200k on the life-line for new Freedom chief

HARRISON WORLEY  |  MONDAY, 17 DEC 2018
... products, after a Deloitte-led strategic review found it was no longer viable for the firm to make new sales of its life products. In October, more than half of the firm's workforce was made redundant, in an effort to restructure the business after ...
PAGE:
1
PREVIOUS
NEXT