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Life Insurance

Super scheme costly but popular

01 March 2005

While the Federal Government’s superannuation co-contribution scheme is costing it millions in expenses, Assistant Treasurer Mal Brough is adamant the policy will not be shelved…

De Castries: trials and opportunities

15 February 2005

Axa CEO Henri de Castries paid a brief visit to his far-flung Australian operations last week, and took the time to explain just how hard it is to run a large international financial services group…

Super choice attracts some tension

15 February 2005

As the industry prepares for workers to have the right to choose where their compulsory superannuation payments will be invested from July 1, the regulators are issuing…

Vamos: stop bagging financial reform

08 February 2005

Financial services companies have been told to stop “bagging” the industry’s governing legislation to their foreign counterparts…

Super $65 million ready to move

08 February 2005

About $65 million of superannuation assets are likely to move as the industry changes shape following the introduction of choice of fund in July this year…

Planners urged 'go young'

01 February 2005

A survey shows many young people would consider financial advice in spite of their modest resources, thereby presenting business expansion opportunities for brokers…

Super industry pushes for zero super surcharge

01 February 2005

The superannuation industry is pressuring the Federal Government on tax cuts, with three key groups pushing for action on the high income earners’ surcharge and an extension…

FPA launches course accreditation

01 February 2005

The Financial Planning Association intends to assess the quality of its members’ entry-level financial planning courses…

Super choice panel announced

07 December 2004

A five-person independent advisory committee will assist the Australian Taxation Office with the Federal Government’s superannuation “choice of fund” education campaign…

Co-contribution grows

07 December 2004

More than 17% of low and middle income-earners will receive a Federal Government co-contribution to their superannuation, according to official figures for 2003/04…

New president for AFA

16 November 2004

Michael Murphy has been named President of the Association of Financial Advisers, taking over from Robin Yates – and he’s getting straight down to business…

Genetic tests increase

16 November 2004

The most common genetic test by local life insurers is for hereditary haemochromatosis, an inherited disorder in which iron accumulates in the blood…

Disclosure guide released

09 November 2004

A guide covering rebates and related payments to help improve remuneration practices in financial services and planning has been has been published…

Genetic testing under fire

09 November 2004

An Australian National University survey shows only 50% of people are aware that genetic testing information is used in insurance underwriting…

AFA considers merger

09 November 2004

The Association of Financial Advisers has dropped hints at its annual conference about a merger with other industry associations…

FPA releases annual report

02 November 2004

The Financial Planning Association of Australia has released its annual report, with Chairman Steven Helmich describing the previous 12 months…

Planned happiness

26 October 2004

An industry survey has found 88% of financial planners’ clients have rated their financial plans as “good” or “very good” – quite a contrast from last year’s “shadow shopping” report…

Life insurance? Who, me?

26 October 2004

Another new survey has found that people don’t like thinking about death or disability – and that’s why fewer than one-third of Australians aged 18-59 have a life insurance policy…

Aussie Unity diversifies

19 October 2004

Australian Unity’s new CEO wants to move the mutual away from its focus on health insurance to concentrate more on general insurance, funds management, retirement villages…

Mulcahy puts the boot in

12 October 2004

Suncorp Metway Chief Executive John Mulcahy has been getting stuck into the allfinanz and bancassurance concepts…