PIS leads life cover sales survey

PIS insurance life insurance professional investment services chief executive

21 April 2008
| By Liam Egan |
image
image
expand image

Robbie Bennetts

Dealer group Professional Investment Services posted the highest insurance sales in Australia during the December quarter last year, according to a survey by NMG Financial Services Consulting (NMG).

The global consultant’s Risk Distribution Monitor survey revealed PIS sales during the quarter were $1.5 million ahead of nearest competitor ING dealer group Millennium3.

PIS chief executive Robbie Bennetts described the result as an “outstanding achievement”, considering insurance had only become part of PIS’ core repertoire after it bought IFMA from Norwich Union in 2000.

“It’s a credit to our team that in such a relatively short time frame we are a force to be reckoned with in the highly competitive life insurance market in Australia.”

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

3 days 17 hours ago

Interesting. Would be good to know the details of the StrategyOne deal....

1 week ago

It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...

3 weeks 6 days ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

3 weeks ago

A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments ...

6 days 21 hours ago

Pinnacle Investment Management has announced it will acquire strategic interests in two international fund managers for $142 million....

6 days ago