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

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

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This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

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