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Showing 161 - 170 of 376 results for "CommInsure"

Narev points to GFC for bank dissatisfaction

JAMIE WILLIAMSON  |  WEDNESDAY, 19 OCT 2016
... have lifted the standards for most of our customers, we must redouble our efforts," he said. Alluding to this year's CommInsure scandal and the dissection of CBA's financial planning arm by this month's parliamentary committee, Narev told delegates that ...

Finalists for SelectingSuper Awards announced

DARREN SNYDER  |  FRIDAY, 14 OCT 2016
... Personal, OnePath Life Russell iQ Super, TAL Life Intrust Super - Select Super, Hannover Life Re HESTA Personal Super, CommInsure Long Term Performance Award UniSuper BUSSQ MySuper HOSTPLUS Cbus Industry Super CareSuper AustralianSuper Innovation - Millennial ...

CommInsure continues to be investigated

DARREN SNYDER  |  WEDNESDAY, 12 OCT 2016
ASIC is declining to update its position on potential outcomes of the regulator's CommInsure investigation. ASIC is working closely with APRA during its CommInsure investigation and the former said it has obtained about 60,000 documents for consideration. ...

Bank life risk businesses lose market share

MARK SMITH  |  WEDNESDAY, 12 OCT 2016
Bank-owned insurers including CommInsure and NAB/MLC have lost some of their share of the life insurance risk market to the likes of TAL and AIA owing to significant falls in the sale of new premiums, the latest data from Strategic Insight shows. Numbers ...

More poor customer outcomes expected: Narev

JAMIE WILLIAMSON  |  WEDNESDAY, 5 OCT 2016
... to make things right." As expected, the first question put to Narev by committee chair David Coleman addressed the CommInsure scandal, with Coleman questioning Narev over allegations of CBA delaying payments to terminally ill policy holders and claims ...

CommInsure under fire again

JAMIE WILLIAMSON  |  TUESDAY, 4 OCT 2016
The Commonwealth Bank has released an update on the ongoing independent review into its life insurance division CommInsure, following further accusations of misconduct. The review findings show the bank has retrieved and revised over five million documents ...

NGS cuts ties with CommInsure

JAMIE WILLIAMSON  |  TUESDAY, 27 SEP 2016
NGS Super has terminated its longstanding partnership with CommInsure, awarding the mandate for its insurance offering to a rival life company. Following an in-depth tender process, the mandate has been secured by TAL; ending NGS's 28 year relationship ...

Risk inflows reflect boost in market

JAMIE WILLIAMSON  |  THURSDAY, 22 SEP 2016
... market share. Other market leaders to see significant increases in this category were BT/Westpac (7.6%) and TAL (7%). CommInsure was the only group to record a decline, finishing the year down 3% with its market share dropping 1% to 11.4%. Overall, risk ...

CFS adds aged care annuity to FirstChoice

KERRIE SYDEE  |  MONDAY, 29 AUG 2016
... aged care at what is often a challenging time for families." CarePlus was added to FirstWrap following the launch of CommInsure and Challenger annuities on the platform in 2015. The CarePlus annuity is an aged care solution that combines the benefits ...

Industry fund inks MetLife mandate

DARREN SNYDER  |  TUESDAY, 16 AUG 2016
An industry superannuation fund is ending its partnership with CommInsure after more than a decade, moving its group insurance to MetLife in the New Year. CareSuper will be working with MetLife to reshape the fund's existing insurance offering which ...