AMP reshuffles financial services managers
25 July 2011
AMP has revamped its financial services business, which includes life insurance, to create eight divisions…
Life Insurance
Super fund mergers will mean fewer insurers
25 July 2011
The number of insurers in the group life insurance market will reduce if the trend of superannuation fund consolidation continues, Tower Australia MD Jim Minto has warned…
UK marketing specialist for FPA
25 July 2011
The Financial Planning Association has hired a UK marketing specialist, Lindy Jones, to run its new consumer advertising campaign…
Top CBA exec replaces Norris
25 July 2011
Commonwealth Bank CEO Ralph Norris is to retire in November and will be replaced by Group Executive Business and Private Banking Ian Narev…
AFA continues FOFA rage
18 July 2011
Association of Financial Advisers CEO Richard Klipin says he hasn’t given up the fight against the Future of Financial Advice reforms…
FPA attacks industry fund’s ‘disgraceful’ campaign
18 July 2011
The Financial Planning Association wants the Industry Super Network to stop its advertising campaign against adviser payments…
Life insurance not a priority for Gen X & Y
18 July 2011
Life insurance is still a low priority for Generations X and Y, according to new research commissioned by the Financial Services Council for its Lifewise campaign…
Asteron selected for Colonial FirstChoice platform
18 July 2011
Asteron has joined with Colonial First State to offer life insurance through superannuation via the FirstChoice investment platform…
Platforms have growing role in selling life insurance
18 July 2011
Investment platforms are becoming an important distribution model for life insurers, according to Tower Australia CEO of Group Life Andrew Boldeman…
Axa keeps VicSuper insurance contract
18 July 2011
Axa Australia will continue to provide life insurance to VicSuper members and will offer a number of enhancements as part of the new contract…
Tower upgrades online underwriting systems
18 July 2011
Tower Australia has used adviser feedback to make a number of major changes to its quoting and electronic application systems…
Treasury’s TPD definitions cause concern
11 July 2011
Concerns have been raised over policy definitions in Treasury’s plan to allow tax deductions for total and permanent disability insurance sold through superannuation funds…
OnePath helps advisers with FOFA reforms
11 July 2011
ANZ-owned OnePath has launched a program to help financial advisers to prepare for the Future of Financial Advice reforms…
Life insurance comparison site launched
11 July 2011
A personal finance comparison site provider has branched out into the life insurance market…
Dealer group boosts insurance support
11 July 2011
Dealer group Professional Investment Services has boosted its life insurance support business by appointing two managers to provide assistance at a state level…
CommInsure wins HESTA mandate
04 July 2011
CommInsure has won the insurance mandate for industry superannuation fund HESTA from OnePath…
Underinsurance gap reducing despite staggering numbers
04 July 2011
The life underinsurance gap in Australia is now estimated to be $9692 billion, according to a new report by actuaries Rice Warner…
AFA moves forward with ambitious marketing plan
04 July 2011
The Association of Financial Advisers is pushing ahead with plans to launch a national marketing campaign aimed at increasing the number of Australians who seek financial advice…
Axa merger costs AMP $30 million
04 July 2011
AMP has put the cost of its merger with Axa at $30 million but it will talk further about integration costs at the release of its half-year results on August 18…
Life insurance sales continue to grow
04 July 2011
Life insurance inforce annual premiums sales were up 9.61% to $9 billion for the 12 months ending March, according to research house Dexx&R…