|Search Results||Showing 1 - 10 of 100+ results for "Life risk"|
|... Protection products will cease accepting new business from 31 March 2020. AIA said the move to streamline its retail advised life risk business is the next step in its integration of CommInsure Life. AIA and CommInsure came together under a Joint Cooperation ...|
|... Life made was to amend its income protection policies. KPMG research from November 2019 found that profitability in life risk insurance in Australia had dropped to the extent the industry is now loss-making. KPMG partner and head of insurance David Kells ...|
|... through ASIC's modification power in the Corporations Act, with a new legal instrument - ASIC Corporations (Hawking-Life Risk Insurance and Consumer Credit Insurance) Instrument 2019/839 - to prohibit unsolicited phone sales of direct life insurance ...|
|Profitability in life risk insurance has dropped to the extent that the sector is now loss-making in aggregate, according to KPMG. The global consultant's analysis of the financial results of Australia's life insurers shows the sector made an ...|
|... unaffordable for ordinary Australians." This comes after MetLife research found 60% of advice clients believe the removal of life risk commissions would increase underinsurance. While the research found a majority of clients were willing to pay an upfront ...|
|... afford advice in the new climate also won't have default insurance cover. Touching on the potential removal of life risk commissions, Brooks said research shows commissions have their place and have value in the life insurance industry. Hackett added ...|
|About 60% of advice clients believe the removal of life risk commissions would increase underinsurance in Australia, latest research shows. That is a key finding of MetLife's second annual What Clients Want: 2019 MetLife Adviser/Client Research ...|
|... interviewed between April and May 2019. It found the majority are worried the Royal Commission's recommendations on life risk commissions will have an adverse impact on their business if introduced in the next 12 months. The 2019 Adviser Experience Survey ...|
|Superannuation is in the firing line once again as Australia prepares to head to the polls, with industry stakeholders calling for greater certainty over the future of superannuation reform. Campaigning in the lead up to the Federal election has once ...|
|... the farm when Helen was born, cooking for the shearers, et cetera. Keep reading . Jodie Douglas, principal, Mad About LIFE Risk Advice Having first dipped her toes into the world of financial services, assisting customers with car loans, Jodie Douglas ...|
Australia's superannuation sector is fighting a war on three different fronts, as the economic fallout of COVID-19 continues to bite.
Significant hikes in group insurance premiums have been put down to the Protecting Your Super reforms - with members of four superannuation funds facing premium increases of 34%.
APRA has asked superannuation funds to submit their in-house modelling on the magnitude of impact they are expecting from the Federal Government's special allowance for early release from superannuation.
Zenith Investment Partners wants to reverse out of its planned $12 million purchase of Chant West's superannuation business, saying the latter has been materially affected since February, but Chant West is digging its heels in.
|Brought to you by|
|Keep up to date, don't be the last to know! Get the Financial Standard Daily Newsletter.|