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Showing 1161 - 1170 of 2426 results for "Claims"

Mark Dunsford attacks FSC over life reforms

JAMIE WILLIAMSON  |  THURSDAY, 1 SEP 2016
... Financial Services Council chief executive Sally Loane has fired back at Life Insurance Customer Group member Mark Dunsford who claims the reforms contained in the Life Insurance Framework are designed purely to benefit life companies and banks. In an ...

LICG successful in triggering AFA EGM

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2016
... seeks to change the policymaking powers of the AFA board; however, a recent communication sent by the LICG to AFA members claims "the EGM is not going to freeze the AFA's ability to negotiate." Those who have petitioned for the EGM believe the AFA failed ...

MySuper insurance widely misunderstood

JAMIE WILLIAMSON  |  MONDAY, 29 AUG 2016
... employees have in their super, pointing out that automatic acceptance levels (AAL) can result in underinsurance and drawn out claims processes. "Under automatic acceptance levels there is very little underwriting, so we know very little about the actual ...

US funds launch lawsuit against big four banks

ALEX BURKE  |  FRIDAY, 19 AUG 2016
... after confirming it had been included in the suit, NAB said that "as we have stated previously, NAB does not agree with the claims by ASIC in relation to BBSW." Westpac said it "denies the allegations in this claim and, if served with the claim, will ...

Super reform fears hit AMP earnings

JAMIE WILLIAMSON  |  THURSDAY, 18 AUG 2016
... Meller said the wealth management division demonstrated resilience in a difficult market environment. "While first half claims experience was poor, we continue to focus on improving the outcomes for customers and shareholders in our wealth protection ...

Industry fund inks MetLife mandate

DARREN SNYDER  |  TUESDAY, 16 AUG 2016
... extensive tender process and acknowledging its ability to enhance member experience aided by technology; its underwriting and claims philosophy and processes; financial strength; support of the fund's strategy through innovation, as well as sustainable ...

ASIC bans jailed former advice director

JAMIE WILLIAMSON  |  MONDAY, 15 AUG 2016
... corporations as a result of his conviction. Pratten has also been removed as a company office-holder of Practical Insurance Claims Administration and Australian financial services licensee, Rural & General Insurance Broking.

CBA posts record profit despite dip from wealth division

MARK SMITH  |  WEDNESDAY, 10 AUG 2016
... insurance income increased reflecting continued benefits from the repricing activity in the prior year, partly offset by higher claims. General insurance income experienced strong growth as a result of significantly lower weather events and a 6% increase ...

Advisers can seek AMP for insurance support

DARREN SNYDER  |  TUESDAY, 9 AUG 2016
On the back of AMP overhauling its strategy around life insurance claims, financial advisers can now tap in to a "one-stop" website offering tools and support for all aspects of life insurance advice. AMP head of retail insurance, Greg Johnson, said ...

Police TPD claims in focus

DARREN SNYDER  |  TUESDAY, 2 AUG 2016
A Four Corners report has shone a spotlight on the difficulties superannuation members can face when making claims through group insurance arrangements, including delays and potential surveillance. Last night the program aired allegations that insurance ...