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Showing 181 - 190 of 203 results for "Indemnity"

FICS raises maximum claim to $150k

... $250,000 to $280,000. "There will also be implementation clauses which give licensees, who are unable to have professional indemnity insurance arrangements in place by 1 July 2008, up to six months to make the necessary arrangements," said the group's ...

AXA takes care of business

... to the bottom line. For example, those who pass AXA's certified quality advice program (CQAP) pay less professional indemnity (PI) rates. "It's recognised by our PI insurer that businesses who achieve that status represent a lower risk and therefore ...

Give good advice to save yourself money: AXA

CHRIS NICHOLLS  |  WEDNESDAY, 30 MAY 2007
AXA has cut its professional indemnity insurance costs for advisers by 20 per cent and pointed to its Certified Quality Advice Practice pogram as a driver of best practice advice and business practice across its planning group. The premium gives advisers ...

Investors will be compensated for dud advice: Pearce

ALEX DUNNIN  |  MONDAY, 21 MAY 2007
... "inappropriate". The measures are part of a new regulation just announced by the Government and may include professional indemnity insurance. The arrangements must be either approved by the Australian Securities and Investments Commission (ASIC) or satisfy ...

Stringent orders for winding up of Sovereign fund

HAMISH MADDEN  |  THURSDAY, 14 DEC 2006
... fund on just and equitable grounds. One of the primary reasons for the application was that Sovereign's professional indemnity insurance was not about to be renewed, meaning Sovereign would be in breach of its license conditions. ASIC intervened and ...

Planner PI insurance reforms unclear: AFA

Government proposals requiring financial services licensees, such as planning groups, to take out professional indemnity (PI) insurance to cover potential compensation claims about the quality of their advice have met mixed reactions from industry experts. ...

APRA to flex its muscle with outsourcing deals

WWW.THESHEET.COM  |  WEDNESDAY, 11 OCT 2006
... would typically clearly specify what constitutes a default event, identify how it is to be rectified and specify any indemnity provisions," said an APRA Circular released to coincide with the new guidelines announcement. The new APRA standards, which ...

Guild acquire Investment Nominees

KATE HAGE  |  MONDAY, 7 AUG 2006
... care, childcare and allied professionals and Guild Insurance is the longstanding substantial insurer for professional indemnity within the private childcare arena.

AMP offers flexible protection for a lifetime

... business overheads insurances which will all be underwritten by AMP. The income protection offering now includes a new 'indemnity' option that allows for a 15 per cent premium reduction. The improved income protection and trauma benefits are aimed to ...

APRA cautions institutions on property valuations

... performance review process; little formal hindsight review of valuations; and annual checking of valuers Professional Indemnity Insurance.