SALE

Life/Risk

A decision by the Reserve Bank of New Zealand has left the sale of AMP Life in disarray....

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Life/Risk

AMP chairman, David Murray has defended the company’s decision to sell its life insurance business arguing it has been validated by AMP’s results and the decisions of oth...

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Life/Risk

The Bank of Queensland has terminated the sale of its St Andrews’ Insurance to Freedom....

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Life/Risk

It will be early next year before Suncorp completes the sale of its life insurance business to TAL....

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Financial planning

ANZ has locked in the timetable for transferring its superannuation customers to IOOF even though it traverses the problematic Christmas/New Year period....

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Financial planning

AMP Limited has taken a major step in selling down its life businesses in transactions which will translate to $3.45 billion....

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Life/Risk

The Commonwealth Bank has exited virtually all of its insurance exposures with the sale of 80 per cent of its Indonesian life insurance business....

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Financial planning

IOOF has agreed to offload its AET Corporate Trust business to financial technology and infrastructure company Sargon for $51.6 million....

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Life/Risk

Commonwealth Bank has completed the sale of its life insurance business in New Zealand to AIA Group Limited....

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Life/Risk

BOQ has sold its St Andrew’s Insurance arm to Freedom Insurance Group, comprising a $35 million quota reinsurance arrangement and cash proceeds of around $30 million....

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People & Products

OneVue has announced the sale of its SMSF administration business to SuperConcepts....

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Life/Risk

Suncorp Group has confirmed its continuing consideration of options for its life insurance business, including possible partnerships or sale....

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Financial planning

The Commonwealth Bank has confirmed it is in discussions with a view to divesting its life insurance businesses....

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Funds management

The best course of action for Hunter Hall clients is a full redemption from or sale of all Hunter investment vehicles, Australian Unity believes....

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News

ANZ has announced the sale of its NZ asset finance business including the Esanda name and trademarks in Australia and New Zealand....

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