Category | Breaking

FASEA Win For Advisers

The Assistant Treasurer, The Hon Stuart Robert MP, has announced that some key industry qualifications will be taken into account by FASEA and counted as credits against the minimum education standards it will require for current financial advisers. (more…)

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11 · October 12, 2018 in Breaking, Compliance & Regulation, Conferences and Events  

Royal Commission Condemns Greed and Inaction Behind Industry Misconduct

The Banking Royal Commission has blamed greed by financial services providers and inaction by regulators for the range of issues it has uncovered during the first four rounds of hearings. (more…)

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3 · September 28, 2018 in Breaking, Compliance & Regulation, Products, Remuneration, Services  

AMP Names New Chief Executive

AMP has appointed long serving Credit Suisse executive, Francesco De Ferrari, as its new Chief Executive Officer. (more…)

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0 · August 22, 2018 in Appointments, Breaking, Company News  

TAL Buys Asteron Life

TAL Australia will purchase Suncorp’s Australian life insurance business after the two groups announced they had entered into a Heads of Agreement to proceed with the transaction. (more…)

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0 · August 9, 2018 in Breaking, Company News, Products, Services  

Dover Financial Advisers to Close in One Month

Non-aligned financial advice group Dover Financial Advisers has told its advisers their authority to act as authorized representatives had been withdrawn immediately and the group would cancel its licence in one month. (more…)

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7 · June 9, 2018 in Breaking, Company News, Dealer Groups  

Best Client Service Teams Recognised

BT Financial Group, OnePath and ClearView were the big winners in the AFA/Beddoes Institute/Riskinfo Client Service Team Awards for 2017, as voted by advisers. (more…)

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· March 16, 2018 in Breaking, Compliance & Regulation, Conferences and Events  

TAL Wins Life Company of the Year

TAL Life has been announced as the winner of the prestigious AFA/Strategic Insight 2017 Platinum Award for Life Company of the Year. (more…)

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· March 15, 2018 in Breaking, Company News, Conferences and Events  

Zurich Purchases ANZ’s OnePath Life Business

Zurich Financial Services Australia will buy OnePath Life from ANZ for $2.85 billion in a deal which will elevate it to the position of the largest retail life insurer in Australia by in-force premium. (more…)

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3 · December 12, 2017 in Breaking, Company News  

Government Calls Royal Commission into Banking and Financial Services

The Federal Government has announced that it will establish a Royal Commission into alleged misconduct of Australia’s banks, and that it will also cover life insurers and other financial services providers. (more…)

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5 · November 30, 2017 in Breaking, Compliance & Regulation  

CommInsure to be Sold to AIA

The Commonwealth Bank (CBA) will sell its Australia and New Zealand life insurance businesses, CommInsure Life and Sovereign, to the AIA Group for $3.8 billion. (more…)

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8 · September 21, 2017 in Breaking, Company News