life insurance

Financial planning

Choice of fund finally crosses the line…

After seven years of political hand-balling, choice of fund legislation was passed by the Senate last night to become Australian law with the Federal Government set to sp...

Financial planning

Risk industry gets report card approval

The Australian insurance industry is enjoying a ‘purple patch’ in what ratings house Standard and Poors is deeming an improved operating environment this year, according ...

Financial planning

CommInsure revamp to arrest life policy decline

Commonwealth Bank-owned CommInsure, in an attempt to reverse the trend away from life insurance, has moved to make life insurance cover more accessible both in terms of p...

Life/Risk

ING sells insurance ventures to QBE

ING Group has reached an agreement with QBE Insurance Group to sell a collection of its Mercantile Mutual general insurance interests and allowing the Holland-based firm ...

Financial planning

Advisers offer risk for impaired

Two Associated Planners have started a specialist risk insurance business offering life insurance to individuals who would normally be ineligible due to prior conditions ...

Financial planning

APFS offers deal to risk houses

Associated Planners has approached a number of life insurance providers with a package deal in which the dealer group is seeking rewards for advisers who generate lower c...

Financial planning

Centrestone to establish broking firm

The Centrestone Wealth Advisory group is close to launching a stand-alone mortgage and loan broking business that will enhance its capabilities in terms debt structuring ...

Policy & Regulation

AMP to repay omitted tax benefits to investors

The Australian Prudential Regulation Authority (APRA) has given directions to AMP Life, while the Australian Securities and Investments Commission (ASIC) has accepted an ...

Financial planning

Zurich adds extra strings to risk bow

Zurich Financial Services Australia has introduced enhancements to its life risk products and beefed up its marketing team and offering in what it deems is a “major assau...

Financial planning

Tower given unforgiving S&P appraisal

Tower Australia has suffered a harsh assessment for the outlook of its business operations within a broader group review conducted by international rating and investment ...

Funds management

APRA to issue executive conduct standards

The Australian Prudential Regulation Authority (APRA) is seeking to gauge public and industry opinion regarding ‘fit and proper’ prudential standards for life insurance e...

Life/Risk

Tower gives risk insurance a face lift

Tower Australia has revised the commission structures, product definitions, features and ease of gaining coverage across its risk insurance products and yesterday unveile...

Financial planning

New Zurich guns aim for risk market

Zurich Financial Services Australia has boosted its risk insurance capabilities with the conclusion of a round of appointments including that of national underwriting man...

Financial planning

Looking beyond events-driven planning

David Haintz sees himself as one of the younger breed in the Australian financial planning industry – something he says is reflected in the approach Haintz Financial Serv...

Financial planning

Shedding light on client contact

We are a financial planning practice that has developed from the old style insurance company. Because of this, we have about 4,000 clients spread all over Australia. Unde...