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LIFE INSURANCE
Life/Risk
Centrestone Wealth Advisory Group has acquired the risk insurance practise of Garvan Financial Planning risk insurance representative Phil Dixon....
Financial planning
The financial services division of the Promina group, Asteron, has begun a program to more closely align its Australian and New Zealand businesses....
Financial planning
Long-suffering AMP shareholders have finally received some good news from the UK, with spin-off HHG recording a 38 million pound profit for calendar year 2004....
Financial planning
The Australian Securities and Investments Commission has confirmed it will undertake another shadow-shopping exercise to ensure financial planners are not misselling in t...
Financial planning
The Association of Financial Advisers’ long quest to resolve its designation woes will come to fruition at the end of the month when advisers officially take on its new F...
Funds management
The financial services division of the Promina group will undergo an internal restructure as it looks to turn a tidy profit into a growth strategy for its adviser network...
Financial planning
It’s official. After three years living together, ING and ANZ have signed the papers and will this year get hitched for real through their joint venture company, ING Aust...
Financial planning
Consumer complaints against financial planners have fallen dramatically, prompting claims that measures taken to clean up the profession were starting to take hold....
Financial planning
ING Australia, the joint venture between ING group and ANZ, has booked a net profit after tax of $327 million for calendar 2004, up 52 per cent on 2003’s result which was...
Editorial
Promina’s financial services division has contributed $132 million of the group’s $458 million profit for 2004, although the wealth management businesses chipped in just ...
Life/Risk
Australia’s life insurers have an opportunity to grow thanks to the population becoming relatively underinsured, but regulatory and competitive challenges stand before th...
Financial planning
NZ-based life insurance and investment management firm Tower Group has been given the all-clear to proceed with the spin-off of its Australian Wealth Management business ...
Funds management
Industry speculation that changes to the asset test exemption would trigger a rush by investors into annuities has been supported by new statistics compiled by the Austra...
Financial planning
Investments in life insurance grew by 11 per cent over the year to September 2004 according to the latest statistics from Melbourne based research group Plan For Life....
Financial planning
The Federal Government has announced that it will hold another round of industry consultation on choice of fund, after new draft regulations outlining the implementation ...
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MARKET INSIGHTS
Podcast
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...
This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...
Interesting. Would be good to know the details of the StrategyOne deal....