NZ financial advisers bill to deter poor practice
15 September 2008
A report on an NZ bill aimed at beefing up regulation of financial advisers urges greater accountability of advisers and better avenues for consumer complaints...
Life Insurance
Australia, NZ good places to do business
15 September 2008
Australia has come in ninth in an international survey of business regulation in 181 countries...
Investment complaints rise 134%
08 September 2008
Complaints to the Financial Ombudsman Service about managed investments have surged 134% in the first half of this year compared to the same period last year...
FPA calls for value awards entries
08 September 2008
The country’s best financial planners will be recognised at the Financial Planning Association’s annual Value of Advice Awards in November...
Financial services delegation returns from Hong Kong
08 September 2008
An official financial services delegation returns to Australia today after a three-day visit to Hong Kong to promote industry and regulator interests...
Happy 175th, life insurance!
08 September 2008
The Australian life insurance industry chalked up its 175th anniversary last week...
Financial advisers under the pump: ING survey
01 September 2008
ING research has revealed current economic conditions are having a negative effect on clients’ perception of financial advisers...
Ombudsman urges feedback to improve dispute resolution
01 September 2008
The financial services industry’s new unified dispute resolution service FOS is putting its terms of reference out for scrutiny in order to improve the process...
ASX calls Tower to account
25 August 2008
New Zealand insurer Tower Limited has no idea why its share price suddenly peaked earlier this month...
Ombudsman merger ‘more than a branding exercise’
25 August 2008
The Financial Ombudsman Service has released an issues paper to help formulate its terms of reference before they go to ASIC for approval...
Turnbull calls for insurance tax action
25 August 2008
State insurance taxes are aggravating Australia’s underinsurance problem, Shadow Treasurer Malcolm Turnbull told the Association of Financial Advisers last week...
IFSA heads underinsurance battle
18 August 2008
The Investment and Financial Services Association has announced a campaign to tackle Australia’s life underinsurance epidemic...
Retirees continue to struggle to meet costs
18 August 2008
Higher food and petrol prices are taking their toll on retirees’ budgets with inflation driving up the cost of a comfortable living...
FPA revisits professional development standards
18 August 2008
The Financial Planning Association has released a new draft policy on continuing professional development that aims to give members a more rounded financial education...
St George ditches Tower for AIG Life
11 August 2008
St George Bank has replaced Tower Australia with AIG Life as its new life insurance partner...
GPG sells stake in Tower Australia
11 August 2008
Japanese life insurer Dai-ichi Mutual Life Insurance Company made its first foray into the Australian insurance market last week acquiring a 29.7% stake in Tower Australia...
Baby boomers short of super
11 August 2008
Australia’s baby boomers aren’t properly prepared for the financial demands of life beyond retirement, a new study has found...
ASIC outlines response to financial market turmoil
11 August 2008
The Australian Securities and Investments Commission has revealed a five-point agenda to respond to current investment market turmoil...
ANZIIF forms life and super advisory committee
04 August 2008
The Australian and New Zealand Institute of Insurance and Finance has launched an advisory committee to support professional development in the life insurance and super industry...
Aviva Australia new business up, inflows down
04 August 2008
Aviva Australia has reported increased new business in the second quarter, despite a 49% first-half dip in net fund inflows...