BT moves into new Westpac business
28 November 2011
Westpac has moved its BT business into a new division called Australian Financial Services…
Life Insurance
More advisers paid by fees, says FPA
21 November 2011
More than 50% of the Financial Planning Association’s members are now being paid through fees rather than commissions, according to new research by Investment Trends…
Time to focus on life underinsurance again
21 November 2011
Life insurance advisers need to concentrate on the underinsurance problem and not get bogged down worrying about the Future of Financial Advice reforms, says CommInsure GM Retail Advice…
Planners claim success with ad campaign
21 November 2011
A national advertising campaign has lifted the reputation of the Financial Planning Association’s members and the association, according to new research…
SMSFs keep creating more life insurance opportunities
21 November 2011
The push for property loans in self-managed superannuation funds is creating opportunities for life insurance advisers, OnePath National Technical Manager Graeme Colley says…
ACCC approves Count takeover by bank
21 November 2011
The Australian Competition and Consumer Commission will not oppose the takeover of Count Financial by the Commonwealth Bank…
Former Future Fund GM joins AIA
21 November 2011
AIA Australia has appointed former Future Fund GM Paul Costello to its board…
New life underwriter at ClearView
21 November 2011
ClearView Wealth has appointed Scott Hodgson as Chief Underwriter for its life insurance operations…
ANZ helps advisers to retire
21 November 2011
ANZ Wealth has put together a package for its financial advisers wishing to sell their businesses…
FPA runs up $500,000 loss
14 November 2011
The Financial Planning Association has turned the 2010 financial year’s small profit into a $542,000 loss for the 12 months ending June 30…
APRA keeps an eye on regulatory reforms
14 November 2011
The Australian Prudential Regulation Authority will ensure life insurance companies fully understand the implications of the Federal Governments reforms to the advice and superannuation industries…
Advisers like Macquarie Life
14 November 2011
Macquarie Life has achieved the highest level of satisfaction from advisers, according to the Investment Trends 2011 Planner Risk Report…
AIA Australia’s rating downgraded
14 November 2011
Standard & Poor’s has reduced its financial strength rating on AIA Australia to A+/stable from AA-/negative…
AMP improves product offerings
14 November 2011
AMP has overhauled its individual and group life insurance products with more medical conditions covered and improvements to its claims service…
Upgraded site explains life insurance in super
14 November 2011
An industry association has upgraded its website explaining the role of life insurance within superannuation funds…
Opportunities for life advisers in new BT business
14 November 2011
BT Financial Group will be looking for life insurance advisers for its new business unit to be headed up by former DKN dealer group CEO Phil Butterworth…
Tell super fund members what’s on offer: Mercer
14 November 2011
Superannuation funds could be losing members because they are not explaining services such as life insurance, says Mercer…
Premium deductions allowed in MySuper
07 November 2011
The initial rules on insurance premiums in the Federal Government’s new MySuper legislation will allow member deductions for life insurance premiums, despite them not being a “permitted fee”…
Claims hit OnePath’s profits, but sales up
07 November 2011
ANZ-owned OnePath’s after-tax profit dropped 4% to $311 million for the year ending September 30…
Asteron named top insurer by advisers
07 November 2011
Suncorp-owned Asteron has been named CoreData Life Company of the Year based on satisfaction ratings by advisers who use it as their main life insurance provider…