Tower NZ in good health
26 May 2008
Tower Limited has posted a half-year net profit of $NZ19.9 million ($16.3 million) with a bold showing across its insurance portfolio...
Life Insurance
Sherry warns industry on super advice, documentation
26 May 2008
The financial services industry needs to remove barriers to the provision of superannuation advice, says Superannuation Minister Nick Sherry...
PI deadline not an issue for FPA members
19 May 2008
The July 1 deadline for all financial services licensees to have “adequate” professional indemnity insurance isn’t worrying the Financial Planning Association...
AMP tightens belt
19 May 2008
AMP has announced it will put capital management plans on hold and may cut future dividend payments as uncertain markets bite into company income...
SMEs get free super assistance
19 May 2008
The Government’s new superannuation clearing house will be free for small-to-medium business enterprises...
Financial advice industry faces 'crisis of confidence'
19 May 2008
Nearly 80% of Australians believe commission payments to financial advisers compromise the integrity of their advice, according to a new national survey...
Consumers: spare us from red tape
12 May 2008
Keep it short and to the point. That’s the message from consumers following research by the Investment and Financial Services Association into product disclosure statements...
Axa Asia Pacific results buck flat trend
12 May 2008
Axa’s first-quarter results have revealed growth in its Asia Pacific business despite generally flat results elsewhere...
Promina manager retires from Suncorp
12 May 2008
Another Promina manager has left Suncorp, with Dennis Fox announcing his retirement as Group Executive Wealth Management...
Finsia appoints Westpac risk boss as President
05 May 2008
Westpac Group Head of Operational Risk and Compliance Chris van Aanholt has been elected President of the Financial Services Institute of Australasia...
Planners battle direct players on underinsurance
05 May 2008
Financial planners are better placed to address underinsurance than direct life insurers, according to the Financial Planning Association...
AMP posts 83% cashflow decline
05 May 2008
AMP Financial Services has endured a torrid first quarter, with the company’s total net cashflow down 83% to $129 million...
Tough year ahead for Axa as group funds shed 10%
28 April 2008
Axa Asia Pacific’s first-quarter new business and fund-flow figures reflect a difficult trading period caused by volatile investment markets...
Association of Financial Advisers opens its doors
28 April 2008
The Association of Financial Advisers has increased membership 28% this year as the organisation once populated by life insurance agents opens its doors to a new generation…
Axa expects healthy profit despite volatile market
21 April 2008
Axa Asia Pacific is confident of a strong performance this year despite falls in equity markets making “life more challenging”...
Consolidated life sector receives super boost
21 April 2008
Australian life insurers are increasingly dependent on superannuation, which accounted for 90% of premiums last year, APRA reveals in a sector report...
IFSA pleased with talks in Beijing
21 April 2008
The Investment and Financial Services Association believes it has helped strengthen Australia’s economic and trade relationship with China through a financial services forum in Beijing...
Oz planners in better health than US counterparts
14 April 2008
Australian financial planners are in much better health than their US counterparts, according to business advisory publication Business Health...
Tower cranks up fast online insurance platform
14 April 2008
Tower Australia expects its new online insurance platform Accelerate to increase policy take-up rates...
Zurich expands life risk policies
14 April 2008
Zurich has upgraded its life risk portfolio with discounts for loyal customers and expanded benefits...