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Showing 131 - 140 of 4154 results for %22Insurance Australia%22

Equipsuper adds board director

ELIZABETH FRY  |  TUESDAY, 11 JUL 2023
... operations. Widdup was one of the mid-market infrastructure firm's top dealmakers. Even earlier, he worked for the Insurance and Superannuation Commission, now APRA. Equipsuper chair Danny Casey welcomed Widdup to the board. "Julian brings a wealth ...

Young people 'locked out' of superannuation: ISA

ANDREW MCKEAN  |  TUESDAY, 11 JUL 2023
... superannuation system was established in 1992, under 18s were negotiated into the legislation because it was feared fees and insurance would erode smaller super balances. However, fees for lower account balances are capped and insurance isn't automatically ...

Adviser levy tripled, labelled "deeply unfair"

JAMIE WILLIAMSON  |  THURSDAY, 29 JUN 2023
... registration, administration of the adviser exam, the Financial Services and Credit Panel, and the review of the Life Insurance Framework. The release of the indicative cost recovery follows minister for financial services Stephen Jones confirming the ...

Anti-hawking laws could dampen super fund advice: Academic

KARREN VERGARA  |  TUESDAY, 27 JUN 2023
... in place, however they don't cover financial advice services. One outcome led to the ban of hawking direct life insurance in 2020. National Advice Solutions was recently convicted of cold-calling consumers, trying to convince them to switch their ...

Westpac plans aggressive platforms play

JAMIE WILLIAMSON  |  WEDNESDAY, 21 JUN 2023
... scale. In addition to platforms, this comprised superannuation and retirement products, investments, general and life insurance, auto finance, and Westpac Pacific. Of these, nine have been sold off. Only Westpac Pacific remains, after an unsuccessful ...

Allianz Retire+ makes key appointments

ANDREW MCKEAN  |  MONDAY, 19 JUN 2023
... relationship manager is Robert Coulter, previously head of clients, APAC at Ignition Advice. Allianz Australia Life Insurance chief executive Adrian Stewart said: "Robert brings over two decades of experience working with financial planners and dealer ...

Zurich fills newly created executive role

ANDREW MCKEAN  |  TUESDAY, 13 JUN 2023
... enterprise-wide responsibilities for all claims teams and functions across Zurich's Retail Life, Group Life, and General Insurance business segments. He will report directly to Zurich chief executive Justin Delaney. Paterson has over 20 years' industry ...

Industry bodies respond to QAR recommendations

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
... advice," FAAA chief executive Sarah Abood said. "The government has also provided certainty with the continuation of life insurance commissions, whilst introducing a consent obligation that is covered through existing client approval arrangements." However ...

Treasury to scrap advice admin burdens, boosts intra-fund advice

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
... Authorised Deposit-Taking Institutions (Recommendation 13.5) will also be removed. Life, general and consumer credit insurance commissions (Recommendations 13.7 - 13.9) will have to provide standardised consumer consent requirements. Jones will defer ...

Suncorp wage scandal comes to a head

ANDREW MCKEAN  |  FRIDAY, 9 JUN 2023
... 'Rostered Employee' clause in its Enterprise Agreements. The blunder affected both current and former employees in Suncorp's insurance arm, including advisers, assessors, customer support staff, technical staff, team leaders, and management. Payment ...