Super deal to revive group premiums at Tower
02 November 2009
Tower Australia expects its new group risk account with AustralianSuper, which kicked off yesterday, will offset the departure of Asgard and ANZ mastertrusts early this year…
Life Insurance
MLC banks on Aviva acquisition
02 November 2009
Wealth management and life insurance provider MLC expects good returns from the buyout of Aviva Australia after net operating income fell 15% in the year to September…
FPA board approves fee-based pay
26 October 2009
Financial Planning Association members will stop receiving commissions from July 2012…
Diversity the key for Axa
26 October 2009
Axa Asia Pacific is counting on diversified products and a wide geographic spread to counter an ongoing slump in investor confidence…
GFC fallout far from over says KPMG expert
26 October 2009
KPMG Financial Services Chairman Andries Terblanche has warned financial services professionals that fallout from the global financial crisis is far from over…
Industry relief on disability super benefits
19 October 2009
The Federal Government has amended a tax law to allow for the deduction of insurance premiums for disability superannuation benefits…
Planners take their message to MPs
19 October 2009
The Financial Planning Association is targeting federal parliamentarians in a campaign to explain their role…
Tower to roll out new life platform
19 October 2009
Tower Australia has announced it will roll out its new life insurance platform Accelerated Protection from November 1…
No PI relief in sight for financial planners
12 October 2009
The professional indemnity insurance squeeze for financial planners shows no signs of abating, as combined factors continue to make underwriters wary of the risks…
Australia jumps to No 2 financial centre
12 October 2009
The World Economic Forum has ranked Australia as the number two financial centre in the world behind the UK…
Super changes could affect insurance
12 October 2009
The Treasury’s proposed changes to transfer lost members’ superannuation accounts to the Australian Taxation Office could strip members of their insurance coverage…
Australian market raises Chinese, Indian interest
12 October 2009
The Australian Trade Commission says Australia is seen as an important financial services market within the Asia-Pacific region, with growing interest from Chinese and Indian…
Doctors support disability insurance scheme
12 October 2009
Doctors are joining the push for a national disability insurance scheme…
Millennium3 takes stake in Elders planning
05 October 2009
Millennium3 Financial Services has stepped up its rural presence by taking a 51% stake in Elders Financial Planning…
Life insurers’ quarterly profits up
05 October 2009
Life insurance is continuing to prove popular, with life insurers’ June quarter profit increasing 347% over the previous quarter to reach $568 million…
Life disputes up 28%
05 October 2009
Life insurance disputes jumped 28% in the 2008/09 financial year, according to the Financial Ombudsman Service…
Downturn spurs huge rise in life insurance
28 September 2009
The global economic downturn has coincided with a huge increase in demand for life insurance, according to a survey by Australian research company Dexx&r…
Zurich and ING Life the best life insurers
28 September 2009
Life insurers Zurich Financial Services Australia and ING Life – which has since become part of the ANZ Banking Group – have come up trumps in Cannex’s second annual life insurance star ratings…
Inquiry into Storm kicks off
28 September 2009
A public examination into collapsed investment firm Storm Financial began at the Federal Court in Brisbane late last week…
New Zealand finds financial advisers commissioner
28 September 2009
New Zealand’s lengthy search for a Commissioner for Financial Advisers has finally yielded someone prepared to stay in the role for five years…