27 July 2009
The Insurance Council of Australia has weighed into the financial planners debate, calling on the Federal Government to establish a compensation fund to help clients who have received poor advice…
27 July 2009
Australians are increasingly putting life insurance into their superannuation as the global recession eats away at investment earnings…
27 July 2009
Insurance Brokers Association of New Zealand CEO Gary Young is among 10 professionals appointed to develop competency standards for NZ financial advisers – even though brokers…
20 July 2009
The Financial Planning Association wants tighter regulation to be applied around the term “financial planner”…
20 July 2009
Former NSW Liberal Party Opposition leader John Brogden is the new face of the Investment and Financial Services Association following his appointment as CEO last week…
20 July 2009
A large part of the life underinsurance problem stems from working women who undervalue their financial contribution to the family, according to a report by financial planners the Sherlock Group…
13 July 2009
AMP is looking for acquisitions, but it probably won’t be bidding for Suncorp’s life insurance and wealth management assets, according to CEO Craig Dunn…
13 July 2009
Investors in failed Westpoint developments may recover their losses from professional indemnity insurance after the NSW Supreme Court of Appeal rejected a challenge from QBE Australia…
13 July 2009
They’ve taken a hammering over conflicts of interest and dodgy commission deals, and now financial planners are fighting a rearguard action against a Federal Government decision to allow superannuation trustees…
13 July 2009
The Financial Ombudsman Service is advertising nationally for a new general insurance ombudsman to fill the position left vacant by the sudden resignation of Sam Parrino in April…
06 July 2009
Australian life insurers made a $1.421 billion net profit in the year to March 31, according to the latest figures from the Australian Prudential Regulation Authority...
06 July 2009
With its appetite for life insurance in hard times, Australia is among the standouts in Swiss Re’s review of last year’s world insurance market...
06 July 2009
Moody’s Investors Service has outlined a generally upbeat prognosis for the Australian life insurance industry, but says further consolidation will almost certainly result in job losses...
06 July 2009
Association of Financial Advisers President Jim Taggart has attacked media criticism of financial advisers, which he describes as “open season” and a “witch hunt”...
29 June 2009
New disclosure, new value and new market position – that’s what Suncorp wants with its wealth management business under the new name Suncorp Life...
29 June 2009
“Aussie John” Symond, the man who made a fortune swearing to keep mortgage lenders honest before selling a third of his company to a bank, has moved into the direct life insurance market...
29 June 2009
The plan by the Financial Planning Association to move members away from commissions to fees is appearing more logical week by week...
29 June 2009
The Commonwealth Bank is considering a non-binding offer by Papua New Guinea’s Bank South Pacific to buy its Fijian banking and insurance businesses...
22 June 2009
Investment and Financial Services Association members have agreed on a charter that revamps payment for financial advice on superannuation...
22 June 2009
NZ is likely to get rid of commissions for financial advice on investment products in line with Australia, according to the country’s Investment Savings and Insurance Association...