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Showing 111 - 120 of 306 results for %22Insurance Council of Australia%22

What the associations want from Budget 2018

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
... representing about $2.7 trillion managed by 100 members across Australia's wholesale and funds management, superannuation, life insurance, adviser networks and trustee companies has added several recommendations to its pre-Budget submission this year. ...

Life insurance regulation needs government backing: Poll

KARREN VERGARA  |  WEDNESDAY, 2 MAY 2018
An overwhelming number of people who work in life insurance believe the industry needs government backing so it can properly regulate. In a survey conducted by DST Systems, a large number of respondents (85%) want to engage with ASIC to strengthen the ...

Government names AFCA board members

ALEX BURKE  |  WEDNESDAY, 2 MAY 2018
... O'Dwyer, saying: "AFCA will be able to deal with complaints about financial firms including banks, credit providers, insurance companies and brokers, financial advisers, managed investment schemes and superannuation trustees." "It will operate significantly ...

RECAP: Advice in the Royal Commission spotlight (Days 6- 9)

KANIKA SOOD  |  FRIDAY, 27 APR 2018
... husband and wife couple to rollover their superannuation balances to AMP's myNorth accounts, cancelled the husband's life insurance policy, leaving him uninsured for three months, and finally charged him an exit fees of $16,000. He failed to meet the ...

Suncorp names new chair

HARRISON WORLEY  |  THURSDAY, 19 APR 2018
... enjoyed a long executive career, having previously held directorships with Whitehaven Coal, Spark Infrastructure, and insurance subsidiaries of Westpac. Prior to joining Suncorp she was the inaugural chairman of the Australian Payments Council, leaving ...

PJC doubts life insurance industry can self-regulate

KARREN VERGARA  |  WEDNESDAY, 28 MAR 2018
A Parliamentary Joint Committee on life insurance said it is "not convinced" the industry can sufficiently self-regulate and is recommending the co-regulatory approach foreshadowed by ASIC. In its final report, the PJC on Corporations and Financial ...

CPA Australia names new chief executive

JAMIE WILLIAMSON  |  MONDAY, 26 MAR 2018
... the association. Andrew Hunter will commence leadership of CPA Australia on April 3, joining from Export Finance and Insurance Corporation where he was managing director and chief executive. CPA Australia said Hunter was selected from a short list of ...

O'Dwyer flags government intervention on insurance in super code

KARREN VERGARA  |  THURSDAY, 22 MAR 2018
... Government is prepared to take matters into its own hands because superannuation funds still aren't doing enough to stop life insurance premiums unduly eroding retirement savings. Kelly O'Dwyer expressed her frustration with the industry's inertia at ...

FSC proposes genetics and insurance council

KARREN VERGARA  |  WEDNESDAY, 21 MAR 2018
The Financial Services Council is proposing to establish a Genetics and Insurance Advisory Council in an effort to engage in a booming field of clinical research and genetics testing. Chief executive Sally Loane announced the initiative at this morning's ...

FSC honours life insurance industry talent

KARREN VERGARA  |  WEDNESDAY, 21 MAR 2018
The Financial Services Council awarded its highest accolades to the life insurance industry's brightest stars at a gala dinner in Sydney overnight. The annual FSC Life Insurance Awards, held at the Ivy Ballroom, recognised three talented individuals ...