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Showing 111 - 120 of 2143 results for "Life Insurance"

Westpac settles BT Super class action

CASSANDRA BALDINI  |  MONDAY, 19 DEC 2022
... million settlement in a class action relating to the bank's subsidiaries, BT Funds Management Limited and Westpac Life Insurance Services Limited. Tens of thousands of Australians may receive compensation following the settlement, which is subject ...

PPS Mutual unveils new income protection product

CASSANDRA BALDINI  |  TUESDAY, 13 DEC 2022
... that meet those requirements, is part of the PPS Mutual philosophy of putting members first." Pilcher added the life insurance provider continues to evolve and improve its offerings in support of the changing needs of the industry and the professionals ...

Life insurer claims under regulator watch

CHLOE WALKER  |  MONDAY, 12 DEC 2022
... follows theidentification of systems failures in the incorrect applications of consumer price indexations (CPI)'s to life insurance policy benefits. Already, ASIC has received breach reports from seven life insurers for the miscalculation of life insurance ...

APRA, ASIC concerned over premium increases

CHLOE WALKER  |  FRIDAY, 9 DEC 2022
... these discrepancies, ASIC and APRA said that they expect all life companies that write, or have written, retail life insurance policies to review their past premium increases, and disclosure and marketing material. When addressing expectations around ...

Advisers must register for FSCP: ASIC

CASSANDRA BALDINI  |  THURSDAY, 24 NOV 2022
... Touching on the Quality of Advice Review (QAR), she said ASIC has a formal role in the review in respect of its life insurance work. "Specifically, our work on the Life Insurance Framework (LIF) review has been incorporated into the quality of advice ...

No big surprises, Levy promises

CASSANDRA BALDINI  |  WEDNESDAY, 23 NOV 2022
... financial institutions so that's not a proposal that I have changed." Another "slight adjustment" will be regarding life insurance remuneration. "I think it's fair to say I came into this review, not being a fan of commissions. And I continue ...

Zurich Australia adds chief information officer

JAMIE WILLIAMSON  |  WEDNESDAY, 23 NOV 2022
... Asia Service Centre, which also supported the Canadian business. He also spent 10 years at DSC Technology in the Life Insurance Practice, working with clients in the US, Singapore and India. "Deepak brings an impressive breadth of international experience ...

Insignia revamps wrap platform

ANDREW MCKEAN  |  MONDAY, 14 NOV 2022
... investments; most of the listed investments in the S&P All Ordinaries Index, plus several NAB term deposits. MLC Life Insurance has been added to the retail insurance offer for super clients, to complement the existing panel of AIA, TAL, and Zurich. ...

TAL launches Professional Year platform

CHLOE WALKER  |  WEDNESDAY, 9 NOV 2022
... news comes after TAL's backing of The Council of Australian Life Insurers (CALI), which now represents 99% of the life insurance industry and 100% of the reinsurance industry in Australia.

SMSF growth slows, allocations shift

CHLOE WALKER  |  WEDNESDAY, 9 NOV 2022
... the ATO, almost one dollar in every five held in SMSFs is in a pooled investment product, being a managed fund, a life insurance policy or some type of collective trust. Equities allocations remain steady at about 36%, as does property at 16%. In 2020 ...