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Showing 111 - 120 of 396 results for "Sixth"

Magellan boosts retail push for Airlie

KANIKA SOOD  |  THURSDAY, 25 OCT 2018
... have been flagged for months. Magellan's listed investment funds held $1.3 billion at 30 June 2018, making them the sixth-largest exchange trade product issuer in Australia, ahead of ETF Securities, Russell, Platinum and UBS who bring up the rear ...

AMP defends charging dead clients

HARRISON WORLEY  |  THURSDAY, 4 OCT 2018
... deduct life insurance premiums from a deceased customer, even after AMP has been notified of their death, as revealed in the sixth round of the Commission. According to AMP, it is not inappropriate to charge members life insurance premiums after their ...

Freedom drops chief, slashes workforce

KARREN VERGARA  |  WEDNESDAY, 3 OCT 2018
... and trailing commissions from current in-force policies. The Royal Commission made a case study out of Freedom during the sixth round, when it was revealed it may have engaged in unconscionable conduct for selling policies to vulnerable customers and ...

CommInsure, TAL engaged in troubling conduct: Royal Commission

KARREN VERGARA  |  MONDAY, 24 SEP 2018
In closing the sixth round of the Royal Commission, counsel assisting found that CommInsure, TAL and Rest may have engaged in conduct that fell below community standards after hearing "troubling" evidence from various case studies. CommInsure and Colonial ...

Royal Commission hears industry fund admitted wrongdoing to ASIC

HARRISON WORLEY  |  MONDAY, 24 SEP 2018
... Industry (Supervision) Act (SIS Act) in a breach report filed with ASIC on the penultimate day of the Royal Commission's sixth round of hearings. Making his closing statement on the final day of the Commission's insurance hearings (Friday), counsel assisting ...

ClearView breached anti-hawking law 300k times

KARREN VERGARA  |  MONDAY, 10 SEP 2018
The sixth round of the financial services Royal Commission heard ClearView's direct life insurance business breached anti-hawking provisions up to 303,000 times. The figure has ballooned from the 278,664 originally reported to the Commission, according ...

Life insurers admit to misconduct: Royal Commission

HARRISON WORLEY  |  MONDAY, 10 SEP 2018
... misconduct in the life insurance industry and where conduct fell below community standards and expectations. Opening the sixth round of Royal Commission hearings, counsel assisting Rowena Orr laid bare instances of misconduct as revealed in submissions ...

Australian retirement outcomes among the best

HARRISON WORLEY  |  FRIDAY, 7 SEP 2018
... Investment Managers shows the wellbeing of Australia's retirees remains steady. For the third year running Australia has placed sixth overall for retirement outcomes in Natixis' Global Retirement Index, sitting behind Switzerland, Iceland, Norway, Sweden ...

Life insurer undertakes strategic review

JAMIE WILLIAMSON  |  THURSDAY, 6 SEP 2018
... income and loan protection. It is closely linked to boutique dealer group, Spectrum Wealth Advisers. Freedom will face the sixth round of the Royal Commission, commencing next week.

FSC responds to direct life insurance findings

KARREN VERGARA  |  FRIDAY, 31 AUG 2018
... or with other questions or concerns about appropriate cover, they should contact a financial adviser," the FSC said. The sixth round of the Royal Commission will examine the current regulatory regime for the insurance industry, calling the Financial ...