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Life Insurance

Choice canes financial planners

04 February 2003

Consumer magazine Choice has warned consumers to be wary when it comes to the quality of advice provided by financial planners…

Batchelor leaves AMP, Mohl enters

17 December 2002

The dismal performance of AMP’s local and overseas business raised questions of who was to blame, and inevitably all eyes turned on CEO Paul Batchelor…

AMP slashes more jobs to rescue troubled UK market

10 December 2002

AMP has slashed another 2000 jobs, mainly from its European operations, as its shares continue to dive and the company looks sure to deliver further significant losses for the year…

Tower Group losses mount pressure for change

10 December 2002

Financial services group Tower is reeling from the company’s huge losses, with its Chairman Colin Beyer making sure everyone knows who he thinks is to blame: former CEO James Boonzaier…

Job survey finds financial services in demand

26 November 2002

Jobs in accounting and financial services are expected to experience the strongest demand in the next quarter, according to the latest quarterly TMP Worldwide Job Index…

IFSA wants reform of money-laundering laws

05 November 2002

The Investment and Financial Services Association wants the Federal Government to enact reforms to deter money-laundering and help identify illegal transactions…

S&P raises AMP’s financial rating

29 October 2002

Standard & Poor’s raised the A- short-term counterparty credit ratings on AMP to A and removed the company from CreditWatch positive, where it was placed in September…

Super tax review? Maybe…

15 October 2002

The Federal Government will review the amount of tax it is ripping out of superannuation, but don’t expect any early redress…

Australia leads region in fin services

15 October 2002

More than 40% of Australia’s 112,000 overseas tertiary students studying at Australian universities are undertaking studies related to financial services disciplines…

How much you’ve lost

15 October 2002

For all those insurers and brokers worrying about the equity markets and the impact they’re having on insurance company profits – and premiums – Ausbil Dexia…

Helpful guide to getting an AFS Licence

08 October 2002

With ASIC experiencing a high rejection rate of licence applications at the pre lodgement stage, the Securities Institute, in conjunction with ASIC and Freehills is conducting…

Super trustees given a helping hand

08 October 2002

And with super trustees also affected by legislative and market changes, the Australian Institute of Superannuation Trustees released the fourth edition of its Trustee Handbook…

Tax changes affect life insurance

17 September 2002

Amendments to the income tax law affecting life insurance companies have been announced by Assistant Treasurer Helen Coonan…

AXA wants more

10 September 2002

Things have been looking positive at AXA Asia Pacific since it announced its mid-year results, and the word is that the group will remain committed to its strategy…