Advisers ‘must act fast’ on succession plans
08 August 2016
Time is running out for life advisers who want to sell their practices before looming regulatory changes, Connect Financial Service Brokers CEO Paul Tynan warns…
Life Insurance
Suncorp hails direct sales growth
08 August 2016
Suncorp Life has reported a 6.4% increase in total inforce premium to $1 billion for last financial year…
Australia trails on life cover penetration
08 August 2016
Australia has one of the lowest life insurance penetration rates in the world, according to a survey by Zurich and the University of Oxford…
Life goes on for Yellow Brick Road
08 August 2016
Yellow Brick Road’s life insurance operations will not be affected by its move to a franchise structure…
Australian reinsurance business drags on MetLife
08 August 2016
A $US44 million drop in reinsurance inflows in MetLife’s Australian operation has hit Asia-wide financial results for the three months to June 30…
Advisers upbeat and willing to adapt, survey shows
08 August 2016
A poll conducted during the Association of Financial Advisers national roadshow suggests members are overwhelmingly positive about their future…
FPA adds new categories as awards scheme opens
08 August 2016
Submissions for the Financial Planning Association Awards are now open, with two new categories this year…
Kiwis’ discrimination case against OnePath ‘has substance’
01 August 2016
A New Zealand couple have won permission take a racial discrimination case against ANZ and OnePath to a hearing of the NSW Civil and Administrative Tribunal…
Australia doubles business as AIA delivers strong half
01 August 2016
AIA Group’s “other markets” division, including Australia, recorded a 10% increase in new business to $US120 million for the six months to May 31…
BT runs the numbers on rehab scheme
01 August 2016
BT says 60 of 300 monitored customers have recorded 84% improvements on its “health outcome measure” tool…
AZ NGA continues expansion drive
01 August 2016
AZ Next Generation Advisory has agreed to buy Brisbane-based Logiro Unchartered for $4.3 million…
Advisers fight their corner on life insurance scandals
01 August 2016
A life adviser group has blamed the Financial Services Council and Financial Services Minister Kelly O’Dwyer for the perception of a “scandal-ridden” life insurance sector…
Raising financial literacy ‘holds key for advisers’
01 August 2016
Improving people’s understanding of financial services will enhance advisers’ reputations, new research commissioned by Zurich Financial Services has found…
MetLife announces senior appointments
01 August 2016
MetLife Insurance continues to expand its Australian operations, announcing three senior appointments…
FPA roadshows draw larger audience
01 August 2016
The Financial Planning Association says 3200 members attended its recent national roadshow, up 22% on last year’s tour…
Minister confirms life framework remains a priority
25 July 2016
The Federal Government considers the Life Insurance Framework legislation a priority, according to Revenue and Financial Services Minister Kelly O’Dwyer…
Advisers must drive industry change, AFA says
25 July 2016
Peer-led solutions will drive the future of financial advice, according to Association of Financial Advisers GM Member Services Nick Hakes…
Academics, industry investigate longevity bonds
25 July 2016
New research on the risks associated with longevity bonds could prompt their return to investment markets following a failed attempt a few years ago…
FSC calls for fast action on life reforms
25 July 2016
The Financial Services Council has urged the Federal Government to pass its Life Insurance Framework legislation as quickly as possible…
NAB reorganises wealth business
25 July 2016
With the sale of MLC’s life insurance business to Nippon Life nearing completion, NAB has merged the remaining wealth management operation with its consumer banking division…