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Showing 111 - 120 of 1944 results for %22Insurance Australia Group%22

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 ...

What you read in 2022

CASSANDRA BALDINI  |  FRIDAY, 16 DEC 2022
... members. BT members also have access to Mercer's wider investment menu and will be able to retain their existing insurance arrangements. 5. ACSRF, UniSuper confirm merger Earlier in the year, Australian Catholic Superannuation and Retirement Fund ...

ASIC suspends, cancels AFSLs

CHLOE WALKER  |  WEDNESDAY, 7 DEC 2022
... Complaints Authority (AFCA) determinations. According to ASIC, QFML also didn't have the required professional indemnity insurance coverage. "The licence suspension allows QFML to provide financial services that are reasonably necessary for, or incidental ...

DASS clients pushed to accept paltry recoupment

ANDREW MCKEAN  |  FRIDAY, 2 DEC 2022
... "The structure of the proposed deed is likely to deliver a better outcome to creditors in terms of access to potential insurance proceeds than a liquidation scenario," the administrators said. The average investor claim is $79,880 which means that the ...

MLC Life adds to board

CHLOE WALKER  |  FRIDAY, 2 DEC 2022
... experience in the financial services sector, Dubé is currently a non-executive director of Guild Group Holding and Guild Insurance Limited, and chair of the Guild Group Audit and Risk Committees. She also serves as a non-executive director and Audit ...

Iress unveils Connectivity Network

CHLOE WALKER  |  WEDNESDAY, 23 NOV 2022
... execution process, thereby increasing the number of clients advisers can serve. It will directly connect platforms and insurance providers with advice softwares. Core to the Connectivity Network is the delivery of a new cloud-based infrastructure capability ...

ANZ to pay $42m in insurance lawsuit

CASSANDRA BALDINI  |  MONDAY, 14 NOV 2022
ANZ has agreed to pay $42 million to settle a class action regarding consumer credit insurance (CCI) products. Commonwealth Bank has also reached a settlement for a similar matter. Slater and Gordon filed the class action against ANZ, OnePath Life ...

Stapling's consequences must be addressed: Cbus

ANDREW MCKEAN  |  MONDAY, 14 NOV 2022
... through stapling, those entering hazardous occupations are offered no information about the risk of working without insurance, or warning that their existing fund's cover is unsuitable or non-existent. "Following the YFYS stapling reforms, Cbus coordinators ...

Westpac updates on strategic priorities

CASSANDRA BALDINI  |  MONDAY, 7 NOV 2022
... relating to the businesses Westpac operates, with a particular focus on getting back to banking and exiting its wealth and insurance businesses. It said it has progressed the sale of three businesses in the past year, including its life insurance business ...

CALI backed by industry

CASSANDRA BALDINI  |  MONDAY, 7 NOV 2022
... industry with 19 life insurers and reinsurers joining its membership. CALI's membership now represents 99% of the life insurance industry and 100% of the reinsurance industry in Australia. Members include AIA Australia, ClearView, Hannover Re, Integrity ...