Stripping commissions from the cost of financial products could result in falls of up to 50 per cent in their cost to clients, according to David Price, managing director...

Aviva has appointed five fund managers to the separately managed account facility it will launch on its Navigator platform in September....

The latest Australian Prudential Regulation Authority data has revealed the degree to which life insurers have been hit by the global financial crisis....

Despite recent headway made in reducing the underinsurance problem, too many Australians are still too exposed to risk....

American International Group has handed stakes in two key overseas units to the Federal Reserve Bank of New York in a move to improve its liquidity position....

Aussie research shows 70 per cent of Australian families face financial ruin with death of provider....

The decision to scrap the name 'Suncorp Wealth Management' will not see any dilution to the strategic role of its asset management and super and investment businesses, ac...

The National Australia Bank has emerged as the winner in the bid for Aviva Australia's investment and insurance operations....

Forty-five per cent of Australians don't believe they need additional insurance cover despite crisis....

The Association of Financial Advisers has welcomed the exclusion of insurance from the Investment and Financial Services Association's new superannuation charter....

The Financial Ombudsman Service appears set to be able to accept complaints by consumers against financial advisers up to a value of $500,000 from next year....

AIG Life attempts to bridge insurance education gap with a new online insurance education centre....

Tower Australia Group has reported a 12 per cent decline in net profit but prefers to point to the positives contained in its underlying profit result....

Growth in the life market is more than a trend, it is being driven by demand, writes Jim Minto....