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Showing 1901 - 1910 of 7046 results for "Insurance"

Cbus overhauls insurance offering

JAMIE WILLIAMSON  |  MONDAY, 2 MAR 2020
Cbus is changing the way it calculates insurance premiums, with members set to pay more for death and TPD insurance cover. From April 1, Cbus members' insurance premiums will be based on their age in a move designed to more closely reflect what it costs ...

TAL loses super fund mandate

JAMIE WILLIAMSON  |  MONDAY, 2 MAR 2020
TAL has lost a group insurance mandate following a comprehensive review by the super fund's trustee. Members of Freedom of Choice, an offering under the AMG Super umbrella, have been notified that TAL will no longer provide their group insurance ...

ASIC turns up the heat on enforcement

HARRISON WORLEY  |  THURSDAY, 27 FEB 2020
... the recent civil penalty litigation it took against TAL, for allegedly breaching the ASIC Act, Corporations Act and Insurance Contracts Acts in avoiding an income protection claim in 2014. One case, ASIC said, is currently being considered by the Commonwealth ...

Life commissions, referral fees still kosher: AFA

ELIZABETH MCARTHUR  |  THURSDAY, 27 FEB 2020
... the Association of Financial Advisers' Roadshow event in Sydney provided financial advisers a clear message on life insurance commissions and referral fees, and took aim at a former FASEA board member in the process. AFA general manager of policy and ...

TAL executive jumps to MLC Life

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2020
MLC Life Insurance has announced a new addition to its leadership team, hiring from TAL. Kent Griffin has been appointed as the insurer's chief financial officer having held the same position at TAL since 2012. MLC Life said Kent will lead both the ...

Queensland adviser barred from industry

ALLY SELBY  |  WEDNESDAY, 26 FEB 2020
... Financial Options advisory business. Financial Options had previously held licences as a securities dealer and life insurance broker, and had been running since 1985. The cancellation comes after Financial Options' AFS licence was suspended in August ...

Consumers trust Google over advisers: NobleOak

ALLY SELBY  |  TUESDAY, 25 FEB 2020
... product," it said. "Regulatory changes will continue to encourage consumers to do their own research and deal with Life Insurance companies directly." Of those surveyed, only 18% were confident the issues identified by the Royal Commission would be fixed ...

SMSF property adviser pleads guilty

ELIZA BAVIN  |  MONDAY, 24 FEB 2020
... of existing superannuation funds into an SMSF, sourcing and purchase of investment properties, property management, insurance and taxation. "ASIC investigated Nowak's conduct in dealing with members of SMSFs, who were undertaking property purchases ...

Freedom Insurance appoints liquidators

KANIKA SOOD  |  MONDAY, 24 FEB 2020
... administration and financial advice businesses. Its troubles began in 2018 when a Royal Commission hearing revealed it had sold insurance to man with Down syndrome. In November, it hired as its chair Vamos, former chief executive of Association of Superannuation ...

China vaccinates against corona

BENJAMIN ONG  |  MONDAY, 24 FEB 2020
... 3.15% three days earlier. In addition, as The New York Times published: "China will cut some pension contributions and insurance fees to help companies cope with the coronavirus, while firms in Hubei province, the epicenter of the outbreak, won't ...