The latest issue of Financial Standard now available as an e-newspaper
Data to improve TPD outcomes: ASICBY ANNABELLE DICKSON | MONDAY, 2 AUG 2021 12:05PM
The corporate regulator is urging TPDinsurance providers to act on gaps in their processes by improving data capabilities after previously flagging concerns including declining claim rates, withdrawn claims and poor claims-processing times.
Read more: ASIC, AIA, Hannover, Karen Chester, MetLife, MLC, QInsure, TAL, TPD Insurance, Westpac, Zurich
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Aware Super, AustralianSuper and Hostplus are set to appear before the Standing Committee on Economics' inquiry into common ownership on Monday.
ASIC is urging financial advisers to be well prepared for the new Design and Distribution Obligations regime, warning that there should be no surprises when it kicks into gear on October 5.
A long-serving Mercer superannuation executive has left the firm to focus on board directorships.
The online trading platform is set to pay $25 million for the big four bank's share investing client base as the latter continues to simplify its banking strategy.
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