|Search Results||Showing 1 - 10 of 15 results for "Insurance in Superannuation Voluntary Code of Practice"|
|The Productivity Commission is calling for an independent public inquiry into group insurance and floated the possibility of tougher regulation that includes sharper ASIC oversight, among other recommendations. Recommendation 18 in the Productivity ...|
|The Productivity Commission reinforced several recommendations flagged in mid-2018 in a bid to modernise the $2.7 trillion industry, which included shaking up the default sector. The Commission handed down 31 recommendations in its final report in ...|
|Numerous policy questions that arose from the life insurance round of the Royal Commission could shake up the direct life insurance segment and potentially ban conflicted remuneration in risk products. The document, released yesterday, questions ...|
|ASIC's latest review into insurance in superannuation shows the industry still has "significant weaknesses" despite the launch of the voluntary code of practice nine months ago. Over 2017-18, ASIC reviewed 47 superannuation trustees, which included ...|
|The Financial Services Council is launching a multi-million-dollar data project that will aggregate and distribute life insurance industry data. FSC chief executive Sally Loane announced the project's delivery in Melbourne today, the ...|
|A $1.5 billion industry superannuation fund has added a dual-account lifecycle strategy to its pension offering. New pension members of REI Super now have a default lifecycle investment option which applies different investment mixes based on age. ...|
|A super fund with more than $1.5 billion in assets under management has adopted the Insurance in Superannuation Voluntary Code of Practice. REI Super is the latest fund to adopt the voluntary code, with implementation of the code set to begin on 1 ...|
|The life insurance industry is failing to prove it can self-regulate via its two "deficient" codes, according to Maurice Blackburn Lawyers' submission to the banking Royal Commission. There have been more than 700 breaches of the Life Insurance ...|
|An $8 billion superannuation fund has opened a tender for its new life insurance offering, one which aims to comply with the Insurance in Superannuation Voluntary Code of Practice well ahead of the 2021 deadline. Tasplan chief operations officer ...|
|Members of two newly-merged industry funds are due to reap cost savings of $30 million per year once the transition finalises on May 12. Sunsuper and Kinetic Super announced in April 2017 the consolidation will result in a single fund with more ...|
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The Financial Services Council has welcomed a new board director. BT Financial Group general manager of platforms, investments and operations Kathy Vincent has joined the industry body's board.
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The $50 billion industry super fund will take full ownership of the largest wind farm in Western Australia as it moves to boost its infrastructure portfolio.
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A global manager has appointed a new head for Australian equities as the incumbent moves to a different role.
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An $11 billion superannuation fund amended its constitution to increase the influence of independent voices on its board following an APRA probe.
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