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Showing 1421 - 1430 of 3583 results for "Consumers"

Life insurance data improving: Regulators

HARRISON WORLEY  |  FRIDAY, 25 MAY 2018
... data reporting regime is already bringing improved transparency to this area, and our continuing work is benefiting consumers, insurers, and regulators." The Financial Services Council (FSC) welcomed the in-principle support of the regulators improving ...

Aussie funds can benefit from FTA with EU: FSC

KANIKA SOOD  |  THURSDAY, 24 MAY 2018
... which has the second largest funds management industry in the world. "If a DTA with Luxembourg is not put in place, consumers of financial services are likely to miss out on substantial gains from any free trade agreement with the EU," the FSC said. ...

Life insurers should fund medical rehabilitation: MLC

KANIKA SOOD  |  MONDAY, 21 MAY 2018
... prohibited by the Health Insurance Act 1973, and circumvent the regulatory requirements that are designed to protect consumers of health insurance," PHA said in its submission. It argues life insurance is not community rated and insurers could charge ...

New partnership to simplify estate planning

JAMIE WILLIAMSON  |  MONDAY, 21 MAY 2018
... secure, direct access to Macquarie's comprehensive Wrap platform and its popular cash management accounts. Ultimately consumers will - and should - control their own data," Ridd said.

ASIC cancels Melbourne firm's AFSL

KANIKA SOOD  |  THURSDAY, 17 MAY 2018
... often ended up substantially eroding their clients' superannuation balances. The businesses advertised "fast cash" to consumers with poor credit histories seeking loans, recommended clients switch their superannuation and take out 'high end' insurance ...

Fees for no service compensation unfinished business: ASIC

DARREN SNYDER  |  THURSDAY, 17 MAY 2018
... financial year and 160 since 2011. ASIC has obtained $35.1 million in civil penalties in FY18; more than $230 million for consumers and $1.7 billion since 2011. AustralianSuper chief executive and ACSI president Ian Silk opened the conference and added ...

Peak bodies join forces over due diligence

HARRISON WORLEY  |  THURSDAY, 17 MAY 2018
... repetition of work and generate cost and time efficiencies for both of our members, the benefit of which will flow through to consumers," Loane said. AIST chief executive Eva Scheerlinck added that by adopting a collective approach to operational due ...

ASIC and FPA submit recommendations to RC

HARRISON WORLEY  |  FRIDAY, 11 MAY 2018
... added that while vertical integration may provide some benefits, they are largely "outweighed by the risks and costs to consumers of biased advice." As such, the association has recommended that large licensees be legally required to operate advice and ...

Mental health to transform life insurance: ANZ Wealth

KARREN VERGARA  |  FRIDAY, 11 MAY 2018
... customers," she said. "By focusing on mental and physical wellness, insurers can help provide a pathway to better health for consumers and a more meaningful role in their customers' wellbeing." According to the Federal Government's Mindframe National ...

Morrison sharpens blockchain, AI agenda

KARREN VERGARA  |  WEDNESDAY, 9 MAY 2018
... and better deals." The Government will pour $45 million over four years to develop the Consumer Data Right, enabling consumers to share and use their data in a safer way. Data-driven competition and innovation will grow the economy, creating high-value ...