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Showing 31 - 40 of 2392 results for "protection"

Qantas Super reduces premiums again

KARREN VERGARA  |  TUESDAY, 23 JAN 2024
... reduced its insurance premiums six months after it made a round of cuts. On January 1, Qantas Super premiums for income protection reduced by 13%, while rates for default and voluntary death and total and permanent disablement (TPD) cover were lower ...

Standalone laws key to solving legislative 'porridge': ALRC

JAMIE WILLIAMSON  |  FRIDAY, 19 JAN 2024
... ALRC says there are parts of the existing legislation that can be consolidated into four regulatory themes: consumer protection, disclosure, financial advice, and general regulatory obligations. For instance, on the financial advice front this would ...

Pension Protection Fund appoints chief executive

JAMIE WILLIAMSON  |  THURSDAY, 18 JAN 2024
The UK's Pension Protection Fund named a new chief executive, formerly on the executive team at PSP Investments. Michelle Ostermann will succeed Oliver Morley as chief executive of the $62.8 billion fund, which oversees the defined benefit entitlements ...

J.P. Morgan pays US$18m over whistleblower rule breaches

JAMIE WILLIAMSON  |  WEDNESDAY, 17 JAN 2024
... The SEC found J.P. Morgan Securities breached Rule 21F-17 (a) of the Securities Exchange Act of 1934, a whistleblower protection that prohibits attempts to impede individuals communicating with the SEC about possible securities law violations. As a result ...

ASIC extends intervention orders against predatory lenders

CHLOE WALKER  |  MONDAY, 8 JAN 2024
... products, ASIC added. ASIC deputy chair Sarah Court said that extending these product intervention orders ensures continued protection in the market against these high-cost lending products. "Predatory lending practices targeting vulnerable consumers ...

Zurich cleared by Federal Court in life insurance dispute

ANDREW MCKEAN  |  MONDAY, 8 JAN 2024
... breaching its duty of utmost good faith by the Federal Court, in a case connected to OnePath Life's avoidance of an income protection policy. The case marks ASIC's first attempt to impose a civil penalty under s13 of the Insurance Contracts Act 1984 ...

What you read in 2023

JAMIE WILLIAMSON  |  FRIDAY, 15 DEC 2023
Once again, Financial Standard readers were captivated by the evolving superannuation landscape, with this year's top stories largely focused on this space. However, there was one particular executive move that simply couldn't be scrolled past. ...

ASIC, APRA slam premium hikes

KARREN VERGARA  |  FRIDAY, 15 DEC 2023
... answer is that they can. It doesn't seem fair." Most recently, Zurich's OnePath raised premiums for its income protection insurance for the Plus (Series2) policy by 100% over the next two years. "Given an increase in claims volume and length ...

UK to overhaul advice affordability, access

KARREN VERGARA  |  TUESDAY, 12 DEC 2023
The UK government is proposing major changes to make financial advice more accessible and affordable to everyday people as only 8% of consumers call upon the services of financial advisers. The Financial Conduct Authority (FCA) is looking to rollout ...

Mirova seeks €350m for new sustainable land management fund

ANDREW MCKEAN  |  MONDAY, 11 DEC 2023
... leveraging the strong technical expertise of its nearly 20-person team and established connections with experts in nature protection and restoration. Natixis IM country head of Australia and New Zealand Louise Watson commented: "Mirova is a pioneer in ...