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Life Insurance

Local companies follow parents’ merger

25 September 2001

Australia’s Scudder Investments operations will merge with Deutsche Asset Management’s after their European parents, Zurich and Deutsche Bank, swapped key businesses…

A super lack of knowledge

28 August 2001

Norwich Union Life Australia has established what has been long suspected: that most Australians don’t know much about superannuation…

Worries over medical opinions for hire

21 August 2001

“Doctor shopping” and fraud allegations are the two main areas of concern for the Financial Industry Complaints Services panel, which has released its first annual report…

Slow insurers face a bleak future

17 July 2001

Insurance companies which maintain traditional business models with inefficient operational cost structures face a bleak future, according to Peter Wyatt, MD of loss adjusters…

AMP expands uk market exposure

10 July 2001

Fresh from selling off its general insurance operations in Australia, AMP is continuing its strategic expansion into the British wealth creation market…

AXA opens up global markets to locals

10 July 2001

A new range of managed funds launched into the retail market yesterday by Axa Australia will use leading finds manager Alliance Capital…

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…