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LIFE INSURANCE
Financial planning
A clear majority of money in Australia’s financial services markets will come from retail distribution channels by 2010, according to a report by Rice Kachor Re-search....
Financial planning
The recent flurry of activity among Australia’s online brokers mirrors the price war which hit the US online broking market about three years ago. Stuart Engel examines a...
Financial planning
Colonial has finally offloaded its United Kingdom life insurance and pensions business to Swiss insurance group Winterthur for $891 million....
Financial planning
Newly-sold fund manager MLC has paid $24 million for a 50 per cent stake in Thailand's Ad-vance Assurance....
Financial planning
Mercantile Mutual has rebranded its life insurance broking arm into a dealer group, AustAdvis-ers, in a bid to attract planners seeking a solution to licensing changes sl...
Financial planning
The Australian Securities and Investments Commission (ASIC) has relaxed its policy on sending life insurance applications electronically....
Financial planning
Macquarie has revamped its range of superannuation and allocated pension plans to include a number of estate planning initiatives and life insurance....
Financial planning
On Friday the 14 April, The Australian featured an article titled: “AXA plans $3bn liquidation” which alleges that AXA is planning to liquidate its $3 billion property po...
Life/Risk
Income protection has had its fair share of trouble in the past five years as life insurance groups have scrambled to fix loss-making books of business. One major trend r...
Editorial
Costs associated with GST and the purchase of Tyndall Australia has punished Royal & Sun Alliance Australia, dramatically reducing its net profit of $47 million in 1998 t...
Financial planning
The proposed takeover of Colonial by the Commonwealth Bank will cost $447 million and lead to cost savings of up to $300 million per year, according to the scheme of arra...
Financial planning
Colonial says talks concerning the sale of its UK life assets are continuing, but declined to com-ment on parties to the discussions....
Financial planning
Commissions paid on life insurance products will inevitably move to level com-missions, according to a visiting financial planning expert....
Funds management
Not too long ago, bonds for special purposes, like education and funerals, were very popular. But as investors become increasingly more sophisticated in their financial p...
Financial planning
UK - Colonial says talks concerning the sale of its UK life assets are continu-ing, but declined to comment on parties to the discussions....
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MARKET INSIGHTS
Podcast
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...