31 October 2011
A dramatic fall in net income from NAB-owned MLC and NAB Wealth’s life insurance business has reduced the division’s cash earnings by 12.5% to $533 million for the full year ending September 30…
31 October 2011
Opportunities for life insurance specialists to become involved in estate planning advice are increasing, says Redchip Lawyers Director Ian Tindale…
31 October 2011
Life insurance advisers have a growing opportunity to partner with accountancy practices, which are outsourcing such services…
31 October 2011
Medical advances are powering ahead and life insurance definitions aren’t keeping up, says specialist consultant physician John Cummins…
24 October 2011
Many small financial planning practices will fail after the Future of Financial Advice legislation is introduced, Bridges Financial Services CEO Michael Carter has warned…
24 October 2011
A Federal Treasury official has admitted that no modelling has been undertaken on the implementation costs of the Future of Financial Advice reforms…
24 October 2011
If the Future of Financial Advice bill stalls or fails to become law, federal MP Bernie Ripoll believes the reforms will still happen…
24 October 2011
Australians are concerned about their economic future and are now looking to buy life insurance if the price is right…
24 October 2011
A body representing advisers working in corporate superannuation wants to charge a life insurance service fee…
24 October 2011
The mortality protection gap in Australia has grown from $540 billion in 2000 to $972 billion in 2010, according to Swiss Re…
24 October 2011
MLC has created another support team – licensee relationship managers – for its aligned adviser network…
24 October 2011
The NSW Supreme Court has approved the timetable for the Count Financial takeover by Commonwealth Bank…
17 October 2011
The Federal Government will be introducing the Future of Financial Advice legislation in stages…
17 October 2011
The total life insurance market grew by 10% during the 2011 financial year, according to the latest figures from Plan For Life…
17 October 2011
AIA Group has reported a 53% jump in new business to $US245 million ($237 million) for its third quarter ending August 31…
17 October 2011
Colin Storrie, currently Deputy CFO and Group Treasurer at AMP, has been appointed as the group’s new CFO from January 1. Mr Storrie will replace retiring CFO Paul Leaming…
17 October 2011
Professional Investment Services founder Robbie Bennetts has been dropped from his consultancy agreement with Centrepoint Alliance…
10 October 2011
The Financial Planning Association is claiming success with its $2 million national advertising campaign, despite it only being three weeks old…
10 October 2011
Life insurers have been warned against ignoring “one of the greatest challenges facing the industry” – higher customer expectations…
10 October 2011
Guardian Financial Planning has been rebranded to Guardian Advice as part of a strategic review of the group…