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Showing 1151 - 1160 of 6959 results for "Insurance"

Aussies in the dark over super stapling

ANNABELLE DICKSON  |  MONDAY, 1 NOV 2021
... Australia welcomes the stapling measure but is calling on the government to ban occupational exclusions from default life insurance in super. "Stopping the scourge of costly duplicate accounts will ultimately lead to bigger retirement savings for people ...

Honan acquires Modern Risk Solutions

ELIZABETH MCARTHUR  |  MONDAY, 1 NOV 2021
Honan Insurance Group has acquired Modern Risk Solutions, an insurance and risk advisory specialist focused on emerging tech, startup and life sciences. The acquisition sees Modern Risk continue operating as a discrete entity, to be referred to as Modern ...

Major legislations hit parliament

KARREN VERGARA  |  FRIDAY, 29 OCT 2021
... legislation with stakeholders. It will also consult on proposals to enhance the effectiveness of professional indemnity insurance in responding to compensation claims. The Financial Planning Association of Australia said advisers' PI insurance with ...

SCA slams five super funds' junk insurance

KARREN VERGARA  |  THURSDAY, 28 OCT 2021
Super Consumers Australia is calling out several superannuation funds for maintaining junk insurance that embed restrictive disability tests. NGS Super, AMP, TelstraSuper, Prime Super and Spirit Super carry the most restrictive insurance policies compared ...

BOQ divests St Andrew's Insurance

KARREN VERGARA  |  WEDNESDAY, 27 OCT 2021
Bank of Queensland will offload St Andrew's Insurance for $23 million after receiving approval from APRA. BOQ announced on 14 October 2020 that it entered into an agreement with Farmcove Investment Holdings to sell St Andrew's subject to APRA's ...

AFCA appoints senior ombudsmen

JAMIE WILLIAMSON  |  TUESDAY, 26 OCT 2021
... dispute resolution efforts, with senior ombudsmen to work closely with the lead ombudsmen across banking and finance, insurance, investments and advice, and superannuation. All seven appointments are internal promotions, AFCA noted. Anne Maree Howley ...

MetLife upgrades adviser platform

KARREN VERGARA  |  TUESDAY, 26 OCT 2021
... in October. The platform delivers on the reforms without disrupting an adviser's ability to quote and apply for life insurance cover on behalf of clients, the life insurer said. MetLife has introduced a straight 70% replacement of income - up to $30,000 ...

Commonwealth Financial Planning to shutter

ELIZABETH MCARTHUR  |  TUESDAY, 26 OCT 2021
... launching its own financial advice offering, AIA Financial Wellbeing, in December 2021. Commonwealth FP customers with life insurance, superannuation of wealth advice will be referred to AIA Financial Wellbeing. Those who do not wish to move over to ...

ASIC sues former Freedom Insurance staff

KARREN VERGARA  |  MONDAY, 25 OCT 2021
A former Freedom Insurance director and consultant will head to Federal Court for their alleged involvement in aggressive sales tactics. ASIC has commenced civil penalty proceedings against former Freedom Insurance managing director of Keith Cohen and ...

Integrity Life hires product GM

ANNABELLE DICKSON  |  MONDAY, 25 OCT 2021
... the last six years at MetLife. He was most recently chief transformation officer and was previously head of individual insurance. Bailison spent over a decade at CommInsure originally as executive manager - design and development before going onto head ...