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...
Life Insurance
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...
Confidence lowest among financial services employers
07 April 2008
The financial services industry has had the largest decline in employer sentiment of all industries, according to recruitment agent Hudson...
IFSA welcomes PM’s talks on mutual recognition
07 April 2008
IFSA has congratulated Prime Minister Kevin Rudd on a proposal to achieve mutual recognition of securities markets with the US...
AMP cuts lump sum process
07 April 2008
AMP claims to have slashed the time it takes customers to fill in applications for lump sum insurance...
FPA to launch PI policy
31 March 2008
After identifying limitations in commercial lines insurance, the Financial Planning Association is planning to launch its own group professional indemnity policy for members...
New blood for IFSA board
31 March 2008
The Investment and Financial Services Association has welcomed three new board members...
Zurich offers life premium guarantee
31 March 2008
Zurich Australia has introduced a five-year premium guarantee in its new life insurance policy to be introduced on April 1...
ING posts record profit, announces new CEO
31 March 2008
ING Australia has announced a record profit of $314 million for last year...
FPA issues planners with advice standards
17 March 2008
The Financial Planning Association has released new practice standards for consumer advice...
… and launches planner education program
17 March 2008
Financial planners can now achieve specialty accreditation in a new advanced education program...