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Showing 181 - 190 of 2140 results for "life insurance"

FSC releases two new standards

KARREN VERGARA  |  FRIDAY, 17 DEC 2021
... undertake a review three years after it commences. "This standard demonstrates that when policy settings change, the life insurance and superannuation sectors will take proactive steps to protect consumers. The FSC is very pleased to be working with ...

MLC Life adds to retail distribution team

JAMIE WILLIAMSON  |  THURSDAY, 16 DEC 2021
... will work with advisers in New South Wales. He brings more than 13 years' experience in financial planning and life insurance. Both Galvin and Tsimbouris are based in Victoria, and both bring significant experience in financial planning. Galvin joins ...

FSC names acting chief executive

KARREN VERGARA  |  THURSDAY, 16 DEC 2021
... reforms to make financial advice more accessible and affordable, and promoted the interests of superannuation and life insurance consumers by bringing an end to occupational exclusions in group life insurance policies," Bryant said. Loane finishes up ...

ESSSuper chief executive joins MLC Life

JAMIE WILLIAMSON  |  THURSDAY, 9 DEC 2021
... become a separate, standalone business reporting to chief executive Rodney Cook. Retail insurance will remain in the life insurance division, led by chief life insurance officer Michael Rogers. Puli will replace Sean Williamson who has held the lead ...

ClearView recruits chief claims officer

KARREN VERGARA  |  WEDNESDAY, 1 DEC 2021
... 10 years at ANZ in senior claims roles prior to the merger. At ClearView, she reports to the general manager of life insurance Gerard Kerr. "With over 25 years of financial services experience, including the past 12 years in senior claims roles at Zurich ...

AMP flags $325m performance hit

KARREN VERGARA  |  FRIDAY, 26 NOV 2021
... losses are on top of remediation relating to superannuation misconduct ($45m) and an adjustment for the sale of its life insurance and mature business ($65m). AMP chief executive Alexis George said: "As we have developed our strategies for the post-demerger ...

QSuper faces class action over excess premiums

JAMIE WILLIAMSON  |  THURSDAY, 25 NOV 2021
A class action has been filed against QSuper, claiming it overcharged about 140,000 members for life insurance policies by charging almost all members the same despite differing occupations. Shine Lawyers has filed the action in the Federal Court against ...

ClearView, Manulife to launch retirement products

ANNABELLE DICKSON  |  MONDAY, 22 NOV 2021
... undertaking a strategic review with a focus on maximising shareholder value. Elsewhere, ClearView launched a new suite of life insurance products that come with significant changes to income protection and aim to address the shortcomings in existing ...

Risk inflows marginally recover

ANNABELLE DICKSON  |  FRIDAY, 19 NOV 2021
... AIA recorded 115.2% growth and was followed by ClearView (23.7%) and MLC (13.7). The statistics come after the life insurance industry said the increase in life insurance premiums over the last few years are a problem that needs to be fixed rather than ...

MLC to face court over insurance failures

JAMIE WILLIAMSON  |  FRIDAY, 19 NOV 2021
... service failures that occurred between 1999 and 2020. The action is against MLC Limited, the entity that owns MLC Life Insurance. The failures were the result of poor systems and controls, ASIC said, resulting in $17.5 million in financial harm to more ...