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Showing 1221 - 1230 of 4515 results for "Cover"

ASIC chair steps aside pending pay review

JAMIE WILLIAMSON, KANIKA SOOD, ELIZABETH MCARTHUR  |  FRIDAY, 23 OCT 2020
... cost of $4050. Shipton was later informed by KPMG the fees would actually be between $60,000 and $70,000, and ASIC would cover $9500 of this. "Email correspondence provided by ASIC indicates that on 11 October 2018 advice provided to the Chair by ASIC ...

Morningstar creates chief ratings officer role

KARREN VERGARA  |  FRIDAY, 23 OCT 2020
Morningstar has created a new chief ratings officer position and combined the leadership roles of two research units. From 1 January 2021, two long-serving employees will take on new titles as the Chicago-based firm restructures its investment coverage ...

Legacy AMP Life policyholders take premium hit

ELIZABETH MCARTHUR  |  FRIDAY, 23 OCT 2020
... said. "We are also investing in tools to improve return to work capacity for our customers and supporting customers through cover options and affordability reviews." The spokesperson said AMP Life is committed to aligning itself with APRA's directive ...

Bendigo and Adelaide Bank overstates liquidity

ANNABELLE DICKSON  |  THURSDAY, 22 OCT 2020
The Australian Prudential Regulation Authority (APRA) has imposed an independent review into Bendigo and Adelaide Bank's liquidity after it failed to comply with liquidity standards. Bendigo and Adelaide Bank informed APRA last month of breaches to ...

OnePath takes over group insurance mandate

KARREN VERGARA  |  WEDNESDAY, 21 OCT 2020
... that's appropriate to the needs of our customer segments, and to provide support in any way possible at claim time. Cover for concussion is important for this group and we are proud to offer it in this case." It's been widely reported recently ...

APRA, ASIC release life insurance stats

ELIZABETH MCARTHUR  |  TUESDAY, 20 OCT 2020
... MoneySmart life insurance claims comparison tool has been updated with the latest data. The tool compares insurers across cover types and distribution channels on four metrics - the percentage of claims accepted, the length of time taken to pay claims ...

Chief economist update: COVID-19 returns to Europe with a vengeance

BENJAMIN ONG  |  MONDAY, 19 OCT 2020
It won't be long now till we again hear "balcony concertos" - the ones started in Italy back in March this year (and gone viral on cyberspace) when the government imposed a hard lockdown to contain the coronavirus pandemic - for infections in Europe ...

Industry fund hikes income protection premiums

ANNABELLE DICKSON  |  FRIDAY, 16 OCT 2020
... The premiums will increase from 1 December 2020 and will apply to members who receive automatic default income protection cover and any members who apply for the cover from the date it changes. Media Super's standard default cover is calculated based ...

ISA calls for super tax reform

ELIZA BAVIN  |  THURSDAY, 15 OCT 2020
... behind." ISA claims more than 1.2 million Australians would see a boost in their super savings by increasing the LISTO to cover workers earning up to $45,000. It said the changes would benefit 705,000 women who would take home 60% of the extra payments. ...

Pandemic batters life insurers

KARREN VERGARA  |  THURSDAY, 15 OCT 2020
The coronavirus pandemic has wiped out $1.4 billion from the books of life insurers and triggered a spike in claims, according to new research. KPMG's 2020 Life insurance insights reveals close to half of the firms it analysed are making a loss. ...