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Showing 111 - 120 of 1239 results for "Insurers"

HCF Life fined $750k for misleading contract term

KARREN VERGARA  |  FRIDAY, 9 MAY 2025
... to engage in misleading conduct, "the contravening conduct should be regarded as objectively serious." He added that "insurers are now squarely on notice that contractual terms may mislead consumers if the operation of those terms is modified by, or ...

What Labor's second term means for regulators

KARREN VERGARA  |  TUESDAY, 6 MAY 2025
... government is sworn in does not stop. "APRA has an important mandate, financial stability and the regulation of the banks, insurers and the super funds and the protection of those interests... And you [are] constantly doing that, but it is important ...

Future Group confirms more mergers ahead, undertakes review

JAMIE WILLIAMSON  |  THURSDAY, 24 APR 2025
... which largely differ from product to product within the Smart Future Trust. The trust currently has mandates with several insurers, including AIA, MetLife and Zurich. Future Group is consolidating its insurance offerings from 10 to four and closing several ...

Taxes and housing dominate election race

ELIZA BAVIN  |  MONDAY, 14 APR 2025
... Guarantee scheme is lost, and a functioning private market may be severely and irreversibly impacted," Hall said. "LMI insurers have played an important role in the stability of the financial sector and the economy for 60 years and any policy that may ...

RainmakerLive rebrands to Rainmaker MarketPro

STAFF WRITER  |  TUESDAY, 1 APR 2025
... data sets are also available on the terminal. "Plan For Life's research has been a trusted source of information for insurers and investment managers since 1989," Page said. "Pooling our research and data together will provide even more data integration ...

Life insurers keep breaking their own rules: Report

ANDREW MCKEAN  |  TUESDAY, 1 APR 2025
Breaches of the Life Insurance Code of Practice (the Code) increased for a fourth consecutive year, with life insurers reporting 14,670 instances of non-compliance, a 19% increase from the previous period. The Code, the industry's north star for good ...

APRA levy to cost $243m in FY26

KARREN VERGARA  |  FRIDAY, 28 MAR 2025
... taking up about 30% of this amount. Super funds have been allocated $72.9 million to fund APRA's operations, while life insurers and friendly societies are apportioned $19.5 million, the new discussion paper released by Treasury yesterday shows. ADIs ...

Tranche 2 of DBFO dumps SOAs, enables 'nudges'

JAMIE WILLIAMSON  |  FRIDAY, 21 MAR 2025
... advisers with confidence to deliver appropriately scaled advice. "The new class of adviser is also vital to allowing life insurers, financial advice licensees, superannuation funds and other institutions to expand the supply of quality and affordable ...

Super funds to 'look more like insurers'

ELIZA BAVIN  |  THURSDAY, 13 MAR 2025
The type of software and platforms superannuation funds will need to handle the 'grey wave' over the course of the next decade may put pressure on existing systems, especially as super fund investments continue to broaden. Speaking at the AM Tech Day ...

BUSSQ abandons appeal, concedes to licence conditions

ANDREW MCKEAN  |  THURSDAY, 13 MAR 2025
... ruling. Separately, as previously reported by Financial Standard, APRA is proposing changes to superannuation trustees, insurers, and bank board's governance requirements. The regulator wants to ratchet up minimum standards for the fitness and propriety ...