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Life Insurance

Super-split law passes Senate

03 July 2001

The Senate has finally passed the Family Law Legislation Amendment (Superannuation) Bill, which provides for separating couples to split their super…

APRA keeps close to super review

26 June 2001

APRA is trying to devise ways to improve the quality and timeliness of information it receives from superannuation funds…

AXA profit roundup

13 June 2001

Axa Asia-Pacific made an after-tax operating profit of $162 million for the six months to March 31, thanks mainly to the buoyant health insurance market…

Tax loophole plugged

13 June 2001

The Federal Government has closed a loophole in the Income Tax Assessment Act that applied to dividend imputations and life insurance companies…

Who knows where their super is?

29 May 2001

Considering that the newly announced Budget will reward “self-funded retirees”, many Australians have little or no idea about what their superannuation actually does…

AXISS gets more, too

29 May 2001

The Federal Treasury department set up to promote Australia as a centre for global financial services has also had its budget boosted…

Watch this space

15 May 2001

The strategic moves by giant foreign-owned insurers on the local market continues, with attention now switching to financial services…

HIH – Government moves

15 May 2001

The HIH collapse is approaching the proportions of a national disaster and has consequently become a political football…

Brokers defend their involvement

15 May 2001

As the buck-passing continues – with governments blaming each other, everyone except the Government and APRA blaming APRA, APRA blaming the HIH management and board…

AMP rationalises super

01 May 2001

AMP has struck a deal with global consultancy firm William M Mercer to handle its 95 stand-alone corporate superannuation clients…

Premium funders make it easier

17 April 2001

Possible legal problems surrounding HIH premiums are spilling over into the premium funding sector, although the “commercial loan” nature of the contract removes much…

Maynard takes FICS

17 April 2001

Former Insurance Enquiries & Complaints National Operations Manager Alison Maynard has been appointed CEO of the Financial Industry Complaints Service…

ING wins top quality award

03 April 2001

ING Australia funds management division has won the Australian Quality Council’s Gold Australia Business Excellence Award…

AMP does it again with CSC

03 April 2001

AMP’s British operations will have their IT infrastructure boosted with the signing of a new five-year deal with Computer Sciences Corporation…

Be proud, says disputes chief

20 March 2001

Insurance Enquiries & Complaints Chairman Peter Daly says the insurance industry must do more to spruik its achievements so consumers have greater confidence in the…

… And call IEC the Ombudsman

20 March 2001

Consumer confusion over the insurance industry’s alternative dispute resolution scheme should be addressed by changing IEC’s name to the “Insurance Ombudsman”…