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Showing 191 - 200 of 2418 results for "Claims"

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 ...

Invesco Advisers pays $26m over false ESG claims

JAMIE WILLIAMSON  |  MONDAY, 11 NOV 2024
Invesco Advisers was charged by the Securities and Exchange Commission (SEC) after it was found to have misled investors as to what proportion of its total assets were invested according to ESG principles. Invesco Advisers was charged with willfully ...

'No alternative': ESSSuper sues Iress

JAMIE WILLIAMSON  |  MONDAY, 11 NOV 2024
... Iress acknowledged the proceedings on the ASX, saying it will keep shareholders updated as appropriate. "Iress denies the claims made against it and will file a defence in accordance with the court's timetable. Iress continues to provide the contracted ...

Federal Court quashes case against ex-Dixon Advisory director

ANDREW MCKEAN  |  WEDNESDAY, 6 NOV 2024
... least July 2021, which only intensified through to January 2022. However, on all other issues, he ruled against ASIC's claims. "As I understand it, in the context of generally accepted accounting principles, the word 'impaired' means, or can mean, that ...

Gap exists between licensees' AI use and governance processes: ASIC

MATTHEW WAI  |  TUESDAY, 29 OCT 2024
... of use of AI; only 10 did. AI is commonly used in credit decisions and management, marketing, fraud detection, insurance claims, it found. Still, ASIC found licensees' had not identified the potential implications of AI on their compliance with conduct ...

ASIC secures win against HCF Life

ELIZA BAVIN  |  TUESDAY, 29 OCT 2024
... insurers will provide accurate information to them about their rights. "Consumers rely on this information to make insurance claims, often in trying personal circumstances. By including a term that was liable to mislead consumers and that purported to ...

Delaying DBFO imposes 'generational' consequences

MATTHEW WAI  |  THURSDAY, 24 OCT 2024
... Delivering Better Financial Outcomes (DBFO) package, saying any further delay could result in "generational impacts." CALI claims Australians will face a chain reaction of financial uncertainty over generations if DBFO isn't legislated by the next federal ...

Brighter Super increases retirement bonus

JAMIE WILLIAMSON  |  THURSDAY, 10 OCT 2024
... making several forms available online, including pension account applications and intention to claim a tax deductions forms. Claims processing for low-value death benefit claims has also been simplified, and the process for TPD claims has also been e ...

AFCA consults on revised superannuation death benefits

MATTHEW WAI  |  TUESDAY, 8 OCT 2024
... resolution process. An example of which involved a fund failing to handle complaints and delayed death benefits and insurance claims.

Zurich launches new TPD option

ELIZA BAVIN  |  TUESDAY, 1 OCT 2024
... medicine, paired with significant changes to the makeup of Australia's workforce, have led to almost 80% of Zurich TPD claims not requiring ongoing, continuous care," Zurich head of retail Jacqui Lennon said. "This landscape shift, paired with cost-of-living ...