New boss for Guardian dealer group
06 December 2010
Suncorp Life dealer group Guardian Financial Planning has appointed Simon Harris as its new Executive Manager…
Life Insurance
FPA to change membership rules
29 November 2010
The Financial Planning Association intends to change its membership structure to remove the vote from financial planning practices…
Tower delivers strong 2010 result
29 November 2010
Tower Australia has reported a 24% increase in underlying profit to $92.3 million for the year ending September 30…
AMP/Axa merger deal locked in
29 November 2010
AMP and Axa Asia Pacific Holdings have signed a binding transaction agreement as part of the deal to merge the two companies…
Profit up for Tower NZ, but sales down
29 November 2010
Tower NZ has reported a 16% increase in after-tax profits to $NZ58.1 million ($45.3 million) for the year ending September 30…
Axa takeover almost there
22 November 2010
All six independent Axa Asia Pacific Holdings directors have now approved the AMP take-over bid clearing the way for a formal offer to be put to shareholders…
Young not interested in life insurance
22 November 2010
Generations X and Y are showing the same lack of interest in life insurance as the Baby Boomers, according to Association of Financial Advisers National President Brad Fox…
AIA claims receive high rating
22 November 2010
Life insurance market leader AIA Australia has been awarded an A* rating by The Risk Store for its claims-processing service…
ClearView goes direct
22 November 2010
ClearView Wealth will start direct marketing of its life insurance products through Aegon Direct Marketing Services…
Tyndall changes hands again
22 November 2010
Suncorp has sold its funds management business Tyndall Investments to Nikko Asset Management for $128.5 million…
Axa-AMP deal back on again
15 November 2010
AMP has come up with a new offer to buy out Axa Asia Pacific Holdings’ (Axa APH) minority shareholding after the competition regulator blocked the National Australia Bank’s offer…
Life insurance sales threatened by advice reforms
15 November 2010
Most financial advisers do not expect to see an increase in the amount of life insurance business they write after the Federal Government’s Future of Financial Advice reforms…
AFA advice campaign a step closer
15 November 2010
The Association of Financial Advisers has raised enough funds to move to the business planning stage of its “Make a Plan” consumer campaign…
SMSF members add to underinsurance gap
15 November 2010
The underinsurance gap for life insurance continues to grow as more people move to self-managed superannuation funds, Rice Warner Actuaries says in a new report on life insurance…
Need to push trauma insurance
08 November 2010
The public needs to be made aware of the benefits of trauma insurance, according to a new survey of AMP financial advisers…
Strong take-up of online life insurance
08 November 2010
AIA Australia has received more than 800 applications lodged electronically through its LIFEapp portal…
Group insurance looms for SMSFs
08 November 2010
An Adelaide-based accounting firm is looking at providing group life insurance for self-managed superannuation fund members…
AMP reports good third quarter
08 November 2010
AMP has reported increased cashflows for its life insurance business with revenues up by $18 million to $120 million during the quarter ending September 30…
Asteron scraps medicals
08 November 2010
Life insurer Asteron has scrapped mandatory medical reports for all types of insurance cover, a move believed to be an industry first…
AIA shares close at premium
01 November 2010
AIA shares closed at a 3.86% premium on the opening price of $HK22.25 ($2.91) at the end of the newly listed company’s first day of trading on the Hong Kong Stock Exchange…