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Showing 91 - 100 of 2414 results for "Claims"

CALI launches review of Life Code

ELIZA BAVIN  |  THURSDAY, 31 JUL 2025
... insurers agree to uphold when providing services to their customers, covering areas not addressed by the law including claims handling, complaints resolution and product design. "This review will ensure the Life Code continues to reflect the needs of ...

ASIC loses appeal against Finder Wallet

MATTHEW WAI  |  FRIDAY, 25 JUL 2025
... requirements, and failed to comply with the design and distribution obligations for Finder Earn. However, the court dismissed the claims by ruling that the product was not a "debenture" and therefore has not breached the Corporations Act. ASIC has subsequently ...

Cbus deputy chief executive resigns

ELIZA BAVIN  |  FRIDAY, 25 JUL 2025
... fund's processes for determining the propriety of board directors are lacking. Cbus has also come under fire from ASIC for claims handling delays which the regulator alleges impacted 6500 members.

Law firm eyes First Guardian, Shield class action

ELIZA BAVIN  |  THURSDAY, 24 JUL 2025
... Australians' superannuation savings. Slater and Gordon principal lawyer in class actions Andy Wei said the firm is investigating claims that investors were advised to put their superannuation savings into largely unreliable funds. "What we're seeing ...

Younger Aussies want personalised financial advice: CALI

MATTHEW WAI  |  TUESDAY, 22 JUL 2025
... workforce, and increasing reliance on referral networks. The findings come after CALI revealed payouts for mental health claims for total and permanent disability (TPD) insurance have ballooned over $2.2 billion. The association also noted the trend ...

ASIC sues Fortnum Private Wealth

KARREN VERGARA  |  TUESDAY, 22 JUL 2025
... it failed to have adequate policies, frameworks, systems and controls in place to deal with cybersecurity risks. It also claims that Fortnum had a statutory obligation under the Corporations Act as a financial licensee, and a contractual obligation arising ...

Treasury wants 'more confidence' in sustainable product labels

MATTHEW WAI  |  MONDAY, 21 JUL 2025
... products. "The objective of sustainable product labelling is to ensure that investors have confidence in the sustainability claims made by product issuers, and to ensure that investors can confidently compare different products making sustainability ...

Hostplus extends MetLife partnership

MATTHEW WAI  |  MONDAY, 14 JUL 2025
... partnership in 2013, Hostplus said its members have enjoyed lower premiums, improved insurance terms, and a more personalised claims experience from the life insurer. Hostplus currently provides more than 865,000 members with Death, Total and Permanent ...

Funeral insurer fined $4.75m

MATTHEW WAI  |  FRIDAY, 11 JUL 2025
... said the penalty is a "strong deterrent" to anyone who tries to take advantage of Aboriginal consumers by making false claims. "It is one of ASIC's enduring priorities to tackle misconduct targeting First Nations people and our work in this case shows ...

Mental illness payouts balloon over $2.2bn: CALI

MATTHEW WAI  |  FRIDAY, 11 JUL 2025
... work permanently due to mental ill health than ever before with insurers paying out over $2.2 billion in mental health claims last year, according to new data from the Council of Australian Life Insurers (CALI). CALI said mental health is now the leading ...