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22 May 2013 • By • 1 min read

Life sector profits rise 17 per cent, revenue doubles

The Australian life insurance industry saw a $3 billion net profit after tax for the year to 31 March 2013. The profit was up 17 per cent from the ...

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Operational risk the next FOFA hurdle

Advice businesses running their own model portfolios will now face operational risks stemming from the Future of Financial Advice (FOFA) legislation’s ...

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Actuaries miss value-add opportunities

Actuaries are missing opportunities to add value in the financial services industry, according to a panel of experts. Speaking at the 2013 ...

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Rubik takes remainder of COIN

Rubik Financial will be the sole provider of COIN software after agreeing to acquire Visor Desktop from Macquarie. Visor is based on Rubik’s COIN ...

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Regulatory concerns over PI insurance

With a wave of regulation about to hit the financial services industry, there are some concerns from financial planners and industry associations ...

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Insurance industry in the 'dark ages'

According to a leading insurance company, the insurance industry has not had enough product innovation and has not embraced technological changes

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Super fund returns close to pre-GFC records

The median growth superannuation fund grew by 2.2 per cent during April, bringing the return for the financial year to date to 15.4 per cent, a report ...

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APESB amends code due to auditor referral risks

The Accounting Professional Ethical and Standards Board (APESB) has amended its professional code to address a concern relating to auditor referrals, ...

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ERM evolving to holistic approach

Enterprise risk management (ERM) is evolving from risk governance towards a holistic approach to resilience. Speaking at the 2013 Actuaries Summit, ...

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AltaVista moves to dispel ‘passive ETF’ myth

Exchange traded funds (ETFs) can offer a lot more than just a passive exposure to various sectors if used properly, according to AltaVista Research

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