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Showing 131 - 140 of 306 results for %22Insurance Council of Australia%22

Fintech exposes SMSFs to global shares

KARREN VERGARA  |  TUESDAY, 31 OCT 2017
... that was a long-serving Macquarie Group executive, working across private wealth, mortgages, global investments and insurance finance for more than 18 years. Commenting on his new role, Rady said investors have lost touch with the local market, yet there ...

Genetics will test life insurance sector

JAMIE WILLIAMSON  |  THURSDAY, 26 OCT 2017
... affordability of genetic testing and rising public interest in ancestral lineage and health could threaten Australia's life insurance industry, according to the Actuaries Institute. The latest paper from the industry body suggests that even a slight ...

AIA Vitality launches charitable option

KARREN VERGARA  |  WEDNESDAY, 18 OCT 2017
... healthiest nations in the world," Smith said. AIA Group recently acquired Commonwealth Bank's Australian and New Zealand life insurance businesses for $3.8 billion, positioning it to be one of the largest life insurers in Asia Pacific.

Life insurer surpasses code of conduct

KARREN VERGARA  |  THURSDAY, 10 AUG 2017
TAL is going above and beyond the minimum requirements of the life insurance code of conduct and calling others in the industry to follow suit. The life insurer is applying the code's minimum medical definitions for cancer, heart attack and stroke in ...

Super funds must address climate risk: Market Forces

EMMA RAPAPORT  |  THURSDAY, 3 AUG 2017
... the assets under management in the 100 largest superannuation funds. The legal opinion follows a speech to the Insurance Council of Australia in February 2017 by Australian Prudential Regulation Authority (APRA) executive board member Geoff Summerhayes ...

Government gives super system further makeover

DARREN SNYDER  |  TUESDAY, 25 JUL 2017
... prudential regulator (APRA) be responsible for making it easier for consumers to opt-out of automatic life and disability insurance policies provided through superannuation. Also central to the government's latest announcement is that superannuation ...

Insurers held to account with new FSC code

ALEX BURKE  |  MONDAY, 3 JUL 2017
The Financial Services Council rolled out its Life Insurance Code of Practice, along with a new set of standardised medical definitions, on July 1. The new definitions for cancer, heart attack and stroke in trauma and critical illness policies were ...

Australia ranks fifth for financial literacy

ALEX DUNNIN  |  THURSDAY, 25 MAY 2017
... likely financial literacy assessment and propensity to actively engage with financial products such as superannuation, insurance and other forms of wealth creation. Australian school students are the second most financially active among the 15 countries ...

Insurance giant partners to combine life and health

ALEX BURKE  |  WEDNESDAY, 24 MAY 2017
... venture with a not-for-profit health fund and a financial services provider to launch a new combined life and health insurance brand. AIA Australia is joining forces with health fund GMHBA and South African company Discovery; the three will work under ...

FSC and EY seek WAMtech revolution

EMMA RAPAPORT  |  TUESDAY, 23 MAY 2017
... Australian WAM industry participants including executives from the across the superannuation, funds management and life insurance sectors, include: Improving financial literacy Providing one touch access to wealth solutions Simplifying the process for ...