FPA board adds legal expert as ex-CEO leaves
05 March 2018
Jane Bowd has replaced Mark Rantall on the Financial Planning Association board…
Life Insurance
O’Dwyer to address FSC conference
05 March 2018
Minister for Revenue and Financial Services Kelly O’Dwyer will speak at the Financial Services Council (FSC) Life Insurance Conference this month…
MLC recruits Reserve Bank information chief
05 March 2018
Sarv Girn has been appointed to the new role of Chief Innovation and Transformation Officer at MLC Life Insurance, starting in May…
Fidelity names new HR boss
05 March 2018
Tanya Hadfield has been appointed Head of People and Culture at Fidelity Life, replacing Stacey McDonald…
ANZ commits to super code
26 February 2018
ANZ says it will possess the first bank-owned retail superannuation funds to adopt the Insurance in Superannuation Code of Practice, to take effect in July…
Adviser banned over poor recommendations
26 February 2018
The Australian Securities and Investments Commission has banned Philip Leake from providing financial services for five years, after he failed to act in life insurance clients’ best interests…
Claims surge dents ClearView profit
26 February 2018
ClearView’s life insurance business made a net profit of $12.5 million in the half-year to December, down 2% due to higher than expected claims…
Planning unit drives Mortgage Choice gains
26 February 2018
Mortgage Choice says inforce premium grew 21.1% in the first half to $26.6 million, as the financial planning business expanded…
Investment sees Centrepoint suffer first-half loss
26 February 2018
The wealth manager attributes the loss in the six months to December 31 to significant investments in new advice technology, additional outsourced services for advice groups, and marketing and salaried advisers…
ASIC bans Brisbane adviser for five years
26 February 2018
Brisbane-based financial adviser Christopher Ramsay has been given a five-year ban for failing to act in clients’ best interests and giving inappropriate advice, the Australian Securities and Investments Commission says…
ANZ puts OneCare on the Wrap
26 February 2018
ANZ Wealth’s OneCare life insurance product is now available through Macquarie’s Wrap financial adviser platform…
Suncorp weighs options as life profits improve
19 February 2018
Suncorp has yet to decide on the future of its life insurance business, which reported a sharp rise in net profit for the six months to December 31…
AustralianSuper cuts premiums, joins code
19 February 2018
AustralianSuper is reducing average premiums on various life insurance covers by up to 20% from May, meaning fund members will pay $100 million less for group policies…
Challenger annuity sales edge up
19 February 2018
Challenger says first-half annuity sales grew 4.3% to $2.3 billion after the previous corresponding period was lifted by changes to the age pension taper rate…
Centrepoint fills CEO position
19 February 2018
Angus Benbow has been appointed CEO of Centrepoint Alliance, replacing Soula Cargakis, who was interim CEO after John de Zwart departed last November…
ASIC website spells out professional standards reforms
19 February 2018
The Australian Securities and Investments Commission website now features a section keeping financial advisers abreast of incoming professional standards requirements and other related information…
CFP numbers rise to global record
19 February 2018
The number of Certified Financial Planners has risen 3.2% worldwide, the Financial Planning Association says…
JVs the way forward for advisers: Bombora
19 February 2018
Joint ventures and other alliances are the future of the advice industry, according to dealer group Bombora…
Educational council chief steps down
19 February 2018
Mark Brimble has resigned as Chairman of the Financial Planning and Educational Council following the Financial Adviser Standards and Ethics Authority’s decision to adopt the council’s framework and course approval list…
AIA backs chronic pain education program
19 February 2018
AIA Australia has formed a partnership with Pain Revolution, a community program that helps chronic pain sufferers…