life insurance

Financial planning

Financial planners winning more clients’ hearts

The number of consumers using a financial planner for advice has increased, particularly amongst the older generations, with people over the age of 35 more likely to use ...

Life/Risk

Recommending trauma insurance to clients

Trauma insurance grew out of the early 80’s Critical Illness insurance developed in South Africa. Since that time this type of insurance has spread across the globe and i...

Life/Risk

Women’s cover is Australian first

American International Assurance (Australia) (AIA) launched Women’s SmartCover, a female crisis assistance benefit, this month. This introduction of a targeted women’s pr...

Life/Risk

Risk insurance stakes its claim

Are you thinking that risk insurance is not the force it once was? Well it may be time to think again as the product that built the industry re-asserts itself. JASON SPIT...

Financial planning

AMP progress gets mixed blessing from Assirt

Research house Assirt rated AMP Financial Services and AMP Henderson Global Investors as “a well-resourced [group] that has…sound investment processes”, but recommended c...

Financial planning

Let’s lower premiums for the less risky

PROFESSIONAL indemnity insurance premiums have risen dramatically in the financial advisory marketplace, resulting in more costly advice and administration fees for consu...

Financial planning

Lumley looks to link with planning groups

The Lumley Life group has announced that it is looking to forge closer ties with financial planning groups in an effort to boost the distribution of its specialist life i...

Financial planning

Legacy products, boon or dilemma?

Aside from the obvious benefits to shareholders, mergers and acquisitions of life companies also bring a portfolio of highly profitable business to the buyer. The key to ...

Financial planning

Extracting real value from badging

The flip side of administration platform fees is the value that master trusts can help generate for a financial planning business. Tynan Mackenzie chief executive officer...

Financial planning

Annuities on sales roller coaster

The sale of immediate annuity life insurance products have slumped to their lowest level since being made exempt from the social security assets test in 1998, the latest ...

Financial planning

Don’t let go of your business without a tax liability plan

According to ANDREW FRANKLAND, a business client of a financial planner requires additional advice from a tax expert when it comes to dealing with future tax liabilities ...

Financial planning

Tower to pull out of China to concentrate on Australia

The Tower group has announced it will make a strategic exit from the life insurance market in China in order to concentrate on its Australian wealth management operations...

Financial planning

Planners recognise need to add to life policies

Norwich Union Life has experienced an increase in demand from financial advisers and their clients to add critical illness reinstatement policies to their life products a...

Financial planning

Assirt chief heads to AMP Hendersons

Assirt chief executive Krystyna Weston has announced her departure from the research house to take up the role of head of retail distribution with AMP Henderson Global In...

Financial planning

Life market remains static

The flow of new funds into life insurance products remained virtually static throughout 2001, according to figures from the latest quarterly report into the life insuranc...