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Financial Planning

IFSA get set to push product rationalisation

Product rationalisation is high on the agenda for IFSA next year, with estimates that if the reforms it suggests are successful it will save the industry between $120 million and $350 million a year in compliance costs.

Lonsdale plan ahead with PlanTech

Lonsdale Financial Group is the first Australian group to use the newly updated PlanTech risk research software, to be installed across its offices nationally.

Tis the season to be jolly and to spend: AXA

Australians are the world's fourth most generous gift-givers with retirees estimated to spend at least $1.1 billion over the holidays on Christmas presents.

Zurich to launch Life Risk Factory

Zurich Financial Services is to unveil a life risk insurance platform that will make it easier, cheaper and faster for people to get life insurance cover.

Life expectancy jumps 6 years in just two decades: ABS

A girl born today can expect to live 83 years, while a boy can expect to live to 78 years, confirming that life expectancy is climbing with consequent pressures upon retirement savings.

Machiavellian Macville gets prison term

A former financial planner and adviser from Queensland was sentenced to four and a half years imprisonment after being found guilty of six fraud charges.

Sunsuper bankroll Carnegie Wylie's alternative assets

Sunsuper has pledged $200 million in a joint venture with financial services firm, Carnegie, Wylie & Company to invest in local and international alternative assets.

STP insurance breakthrough through STS

An insurance buying and processing web-based platform has just been launched that enables advisers to buy insurance for their clients almost instantaneously.

Super splitting to go ahead in new year

Couples can now plan their superannuation together, as the Howard Government passed the long awaited splitting superannuation bill through senate on Friday night.

Shareholder reforms save time and money: ASA

Drawn-out and costly shareholder meetings will soon be a thing of the past following the government announcement of legislative reforms designed to remove unwanted and out-of-date shareholder-related activities.