Sentry warns of adviser exodus
07 September 2015
The introduction of the three-year clawback in the Life Insurance Framework will force many advisers to quit the industry, Sentry Group MD Murray Hills warns…
Life Insurance
Robo-advice opens door to new clients, Zurich says
07 September 2015
Life insurance will feature in Zurich Financial Services’ new robo-advice tool…
Group sector drives life market growth
07 September 2015
Group life insurance outperformed other industry segments in the year to June 30, according to figures from Plan For Life…
FPA planning week proves hit with consumers
07 September 2015
More than 9000 people visited the Financial Planning Association’s Ask an Expert online forum during the recent Financial Planning Week…
‘Service trumps size’ when advisers switch insurer
31 August 2015
Advisers do not prioritise life insurers by size when considering moving their business, according to Investment Trends Senior Analyst King Loong Choi…
AFA loses COO to Netwealth
31 August 2015
Association of Financial Advisers COO Phil Anderson is leaving to join Netwealth as GM of its adviser licensing business…
Pacific Life Re targets group life after market ‘turmoil’
31 August 2015
New market entrant Pacific Life Re will service only the life insurance market after entering Australia, according to Head of Marketing Ilan Leas…
Financial planning lifts Countplus result
31 August 2015
Accountants and specialist advisers Countplus says its financial planning businesses’ operating revenue grew 7.5% to $48.5 million in the year to June 30…
Recruitment ‘should be hands-on task’ in advice industry
31 August 2015
Recruiting advisers to a dealer group or practice must be a “hands-on” process, and not simply passed to a human resources department, acquisitions specialist Paul Tynan says…
Australian Unity cashes in after diversity drive
31 August 2015
Australian Unity has reported net profit of $34.6 million for the year to June 30, up 16.6%…
ClearView grows life premium
31 August 2015
ClearView Wealth has reported a 26% increase in new life business to $34.5 million for the year to June 30, with a 32% rise in inforce premium to $115.7 million…
No quick fix for income protection problems: Beazley
24 August 2015
It will take a number of years for Australia’s income protection business to return to stability, according to Beazley Head of Life, Accident and Health Christian Tolle…
TAL poaches new COO from Macquarie
24 August 2015
TAL has recruited former head of wealth products at Macquarie Bank Justin Delaney as its new COO…
Advisers must make productivity gains: AMP
24 August 2015
Adviser productivity must improve to lift the number of practitioners and make advice more financially attractive to consumers, AMP CEO Craig Meller says…
AMP planning head jumps to MLC
24 August 2015
Former head of financial planning at AMP-owned Ipac and Genesys Matthew Fogarty has been appointed GM of NAB’s Garvan and MLC Financial Planning…
Disability income insurance continues slide
24 August 2015
Disability income insurers lost money across individual and group policies in the year to June 30, according to the latest Australian Prudential Regulation Authority figures…
AMP wealth arm lifts half-year profit
24 August 2015
AMP’s wealth protection division has recorded a net profit of $99 million for the six months to June 30, up from $91 million in the corresponding period last year…
Research shows market for financial advice: FPA
24 August 2015
About 8.5 million Australians who need advice on financial matters have not sought it, research by Investment Trends shows…
ASIC investigation costs uncovered by PI, broker warns
17 August 2015
Advisers or dealer groups could be bankrupted if the Australian Securities and Investments Commission pursues investigation costs after successful prosecutions, Insurance House Group director Gary Gribbin warns…
TAL income slides, but premium grows
17 August 2015
TAL has recorded a 35% drop in net income to $27 million for the three months to June 30…