Dealer group boosts insurance support
11 July 2011
Dealer group Professional Investment Services has boosted its life insurance support business by appointing two managers to provide assistance at a state level…
Life Insurance
CommInsure wins HESTA mandate
04 July 2011
CommInsure has won the insurance mandate for industry superannuation fund HESTA from OnePath…
Underinsurance gap reducing despite staggering numbers
04 July 2011
The life underinsurance gap in Australia is now estimated to be $9692 billion, according to a new report by actuaries Rice Warner…
AFA moves forward with ambitious marketing plan
04 July 2011
The Association of Financial Advisers is pushing ahead with plans to launch a national marketing campaign aimed at increasing the number of Australians who seek financial advice…
Axa merger costs AMP $30 million
04 July 2011
AMP has put the cost of its merger with Axa at $30 million but it will talk further about integration costs at the release of its half-year results on August 18…
Life insurance sales continue to grow
04 July 2011
Life insurance inforce annual premiums sales were up 9.61% to $9 billion for the 12 months ending March, according to research house Dexx&R…
Plan B not shutting down insurance business
04 July 2011
Dealer group Plan B is not shutting down its life insurance business despite media reports to the contrary…
New name for ClearView business
04 July 2011
ClearView has changed the name of its financial planning business to Clearview Financial Advice…
AFA takes the FOFA fight to the independents
27 June 2011
The Association of Financial Advisers has taken its campaign against aspects of the Future of Financial Advice proposals to the independent federal MPs…
Industry opposes compensation scheme proposals
27 June 2011
Opposition to a financial services industry-funded compensation scheme for consumers is growing…
FPA extends expert service
27 June 2011
The Financial Planning Association is to continue its free “Ask an Expert” service until the end of the financial year…
Boutique advisers threatened by FOFA
27 June 2011
Australia’s largest dealer group, Professional Investment Services, says banning life insurance commissions will impact many boutique licensees and may even threaten their survival…
Mixed results for life industry in 2010 second half
20 June 2011
The Australian life insurance industry faced a tough final six months last year, with falling premiums and rising claims…
Consumers want payment choice – AFA research
20 June 2011
The Association of Financial Advisers has continued its attack on the Federal Government’s financial reforms program, with research saying people want to decide how they pay for advice…
Guardian the latest to join AFA program
20 June 2011
Guardian Financial Planning has become the latest dealer group to join the Association of Financial Advisers’ Licensee Partnership Program…
Macquarie Life hits $100 million premium target
20 June 2011
Macquarie Life’s annual inforce premiums have exceeded $100 million for the first time…
Life industry in good shape
14 June 2011
Life insurance net premiums have continued to grow during the 12 months ending March this year…
Direct life sales up 50%, says Rice Warner
14 June 2011
Direct life insurance sales have grown by 50% during the last three years, according to a new report by Rice Warner Actuaries…
FOFA: Later start for proposed commission ban
14 June 2011
The ban on life insurance commission within superannuation is now proposed to start on July 1, 2013…
FOFA: Life industry prepares to deal with opt-in
14 June 2011
Advisers and life insurance companies are not expecting the Government’s proposed opt-in proposal to cause too many problems…