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Insurance

Macquarie to close Risk Advice Specialists

ALEX BURKE  |  MONDAY, 23 MAR 2015
Macquarie has confirmed it will close Risk Advice Specialists, a boutique advisory dealer group operating under the Macquarie AFSL.

Finance dominates top Australian companies list

ALEX BURKE  |  MONDAY, 23 MAR 2015
Finance, superannuation and insurance companies continue to feature prominently in IBISWorld's Top 1000 Australian companies report.

CommInsure recruits BT exec for head of annuities role

LAURA MILLAN  |  MONDAY, 23 MAR 2015
CommInsure has appointed former BT Financial Group acting head of general insurance to the newly-created position of head of annuities for its superannuation and investment business.

Affinia develops life insurance advice tool

ALEX BURKE  |  THURSDAY, 19 MAR 2015
Dealer group Affinia Financial Advisers has unveiled The Strategic Advice Cashflow Tool, software designed for delivering "best interest"-compliant life insurance advice.

FSC supports longer threshold for unclaimed life insurance

ALEX BURKE  |  THURSDAY, 19 MAR 2015
Financial Services Council chief executive Sally Loane has applauded the Treasury's decision to extend the unclaimed life insurance threshold back to seven years.

AFA and PFL award Australia's top insurers

LAURA MILLAN  |  THURSDAY, 12 MAR 2015
The Association of Financial Advisers (AFA) and Plan For Life (PFL) recognised Australia's top insurers and life risk products at a black tie event in Sydney last night.

APRA deputy chair criticises life insurance sales culture

ALEX BURKE  |  WEDNESDAY, 11 MAR 2015
Sales culture in the life insurance industry is undermining standards of good practice, according to APRA deputy chair Ian Laughlin.

European insurers attract dividend seekers

ALEX DUNNIN  |  WEDNESDAY, 4 MAR 2015
Low European interest rates pushing investors to find higher yielding stocks is encouraging them to reconsider the insurance sector.

YBR boosts revenue by 288%

ALEX BURKE  |  TUESDAY, 3 MAR 2015
Yellow Brick Road Wealth Management (YBR) has increased its revenue by 288% to $59.2 million in the half-year to 31 December 2014.

AIA profit up 16% in 2014

LAURA MILLAN  |  FRIDAY, 27 FEB 2015
AIA operating profit after tax was up 16% to US$2.91 billion for the year ended 30 November 2014.