Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 141 - 150 of 2120 results for insurance australia group

ASIC sues Cbus over insurance claim delays: 'We're sorry'

ELIZA BAVIN  |  TUESDAY, 12 NOV 2024
ASIC has launched legal proceedings against Cbus over delays in the processing of insurance claims made by members. Court documents were filed by ASIC in the Federal Court today, alleging members were impacted by delays to death and TPD claims processing ...

CFS, Viridian Advisory launch low-cost advice deal

KARREN VERGARA  |  MONDAY, 4 NOV 2024
... recently launched an offering that charges $88 per year to access guided digital advice on investments, contributions, and insurance. The fee covers 12 months' access to Otivo's digital advice, with the option to renew. "Our easy-to-use advice ...

TAL names retirement and wealth lead

MATTHEW WAI  |  THURSDAY, 31 OCT 2024
... introduction of several changes to the life insurer's underwriting policies in regard to medical test requirements for insurance applications. With the changes, TAL said it will streamline and significantly lower the mandatory medical testing rate ...

Super fund fees exploit Australians' low financial literacy

ANDREW MCKEAN  |  WEDNESDAY, 16 OCT 2024
... super funds apply multiple charges to account holders, including administration fees, investment fees, transaction fees, insurance premiums, activity fees and performance fees. However, only 1% of Australians are aware that there are up to six fee types ...

TAL changes underwriting limits

KARREN VERGARA  |  MONDAY, 14 OCT 2024
... limits that reduces medical test requirements for new life, total and permanent disability (TPD), and income protection insurance applications. For life and TPD, customers aged 49 and younger can apply for up to $2 million in cover without mandatory ...

Australian Food Super picks TAL for group insurance

JAMIE WILLIAMSON  |  TUESDAY, 1 OCT 2024
The $3 billion industry superannuation fund has transitioned its group insurance arrangements to TAL. It marks the end of a five-year mandate with AIA, which took over as the fund's group life insurer in September 2019 from MetLife. Effective September ...

GAM Investments loses local lead

ELIZABETH FRY  |  FRIDAY, 20 SEP 2024
... investor solutions for Barclays Capital for five years, landing from Macquarie Bank following stints at Skandia, Zurich Insurance and AMP. Five months ago, GAM recruited Alexandra Williamson as distribution manager for institutions and wealth advisory. ...

Genetic test results to no longer hinder life cover

JAMIE WILLIAMSON  |  WEDNESDAY, 11 SEP 2024
Insurers will no longer be able to use genetic test results in life insurance underwriting, with a total ban to be introduced by the government. Earlier this year, the government consulted on the use of genetic test results in underwriting life insurance ...

Challenger goes for growth with State Street

JAMIE WILLIAMSON  |  THURSDAY, 5 SEP 2024
... increasing its stake since July 2021, Apollo has now reduced its shareholding from 20.1% to 9.9%. As a result, MS&AD Insurance Group becomes Challenger's largest shareholder at 15.1%. A spokesperson for Challenger said Apollo has decided to "redeploy ...

APRA reorganises as it sets sights on superannuation

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
... two supervision divisions instead of the current three frontline supervision divisions - banking, superannuation, and insurance (encompassing general, life and private health insurance). From September 2, the two frontline supervision divisions will ...