Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1131 - 1140 of 7045 results for "Insurance"

APRA, ASIC publish life claims and disputes data

ANDREW MCKEAN  |  WEDNESDAY, 20 APR 2022
APRA and ASIC have released the latest Life Insurance Claims and Disputes Statistics publication that presents key industry-level claims and dispute outcomes. The publication featured outcomes for 20 Australian life insurers writing direct business ...

AustralianSuper drops premiums

JAMIE WILLIAMSON  |  THURSDAY, 14 APR 2022
AustralianSuper is decreasing some of its insurance premiums from May end, with members to see an average drop of 11%. From May 28, the cost of death, TPD and income protection will change depending on their cover type and work rating, the fund said. ...

Australian Ethical adds to investment committee

CHLOE WALKER  |  WEDNESDAY, 13 APR 2022
... Institutional Bank. He now sits on several investment committees and boards across funds management, infrastructure, and insurance. Commenting on the appointments, Australian Ethical chief executive and managing director John McMurdo said: "Australians ...

BT Funds Management fined $20m

JAMIE WILLIAMSON  |  FRIDAY, 8 APR 2022
... charge commission payments to superannuation members for seven years after they were banned. BT Funds Management charged insurance premiums that included commissions to close to 10,000 members of Asgard Independence Plan Division Two through to 2020 ...

Westpac fined $1.5m for mis-selling insurance

ANDREW MCKEAN  |  FRIDAY, 8 APR 2022
The Federal Court has ordered Westpac to pay a $1.5 million penalty for mis-selling consumer credit insurance with its credit cards and Flexi Loans, to customers who hadn't agreed to buy insurance policies. This penalty has come as a result of Westpac's ...

28% of super products rated AAA

ELIZABETH MCARTHUR  |  THURSDAY, 7 APR 2022
... have passed a range of comprehensive benchmarks and best practice measures across their investment performance, fees, insurance, operations, and extra services. The 193 products rated AAA in 2022 accounts for 28% of those assessed. It is also fewer products ...

Frontier bolsters consultant team

ELIZABETH MCARTHUR  |  TUESDAY, 5 APR 2022
... Mercer. Cecily Williams has been appointed principal consultant, working in a senior client facing role and covering insurance and superannuation amongst other sectors. Williams spent close to 25 years at Mercer, including a period as head of retail ...

Super fund restructures, adds new roles

JAMIE WILLIAMSON  |  THURSDAY, 31 MAR 2022
... reinventing how we serve our members better," Proebstl said. He added that legalsuper is currently undertaking a review of its insurance benefit design and benchmarking of services delivered by Link Group as its administrator. He said further announcements ...

FSC announces new chief executive

CHLOE WALKER  |  THURSDAY, 31 MAR 2022
... AllianceBernstein Australia chief executive Jen Driscoll added: "The FSC is a leading voice for the funds management, life insurance, financial advice, and superannuation sectors and under Blake's stewardship we look forward to the FSC continuing to ...

Budget targets home ownership rates

TOM WATSON  |  TUESDAY, 29 MAR 2022
... using the new scheme will be able to take out a home loan with a deposit as low as 5% without the need for mortgage insurance. Instead, the government will act as the guarantor for the loan. Starting this year, 10,000 places will be available annually ...