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Showing 2341 - 2350 of 7046 results for "Insurance"

Labor responds to Royal Commission final report

JAMIE WILLIAMSON  |  MONDAY, 25 FEB 2019
... Government has said it will look to ban the payments from 1 January 2021. The party will also look to end the hawking of life insurance products and to ensure there are consequences when big banks breach industry codes, as well as ban life insurance ...

AFCA hears legacy complaints

KANIKA SOOD  |  THURSDAY, 21 FEB 2019
... predecessors. AFCA said 8% of the complaints it received so far were to do with superannuation, while credit and general insurance topped the list, contributing to 45% and 21% of complaints each.

Clearview overhauls life insurance premiums

KARREN VERGARA  |  WEDNESDAY, 20 FEB 2019
... plus CPI increases, Clearview said. Commissioner Kenneth Hayne said in his final recommendations that the hawking of insurance products should be prohibited. He observed that the "watered-down anti-hawking requirement has seen unsolicited selling take ...

Group insurance reforms to be tabled

JAMIE WILLIAMSON  |  WEDNESDAY, 20 FEB 2019
Legislative reforms that will see group life insurance offered to under-25 year olds and those with low account balances on an opt-in basis will be tabled in Parliament today. The Treasury Laws Amendment (Putting Members' Interests First) Bill 2019 ...

Accountant banned for bad SMSF advice

HARRISON WORLEY  |  TUESDAY, 19 FEB 2019
... existing superannuation arrangements," and had inappropriately scoped advice by leaving out retirement planning and insurance. ASIC also determined that by recommending her accountancy practice - Saber Accountants - prepare the annual accounts and tax ...

Royal Commission recommendations split industry

KARREN VERGARA  |  MONDAY, 18 FEB 2019
... sweeping changes to current operating models in the financial services market - reshaping the financial advice, life insurance and superannuation sectors, and the distribution model for retail credit," EY wrote in its Where to next report. The recommendations ...

Zurich awards $100m passive mandate

KANIKA SOOD  |  MONDAY, 18 FEB 2019
... was appointed in the role, effective February 25. In his most recent role, he was worked at a casualty-focused Lloyd's insurance consortium for about a year. He previously held senior underwriting and deal management roles at Zurich from 2011 to 2018 ...

Industry funds wary of stapling default members

KANIKA SOOD  |  FRIDAY, 15 FEB 2019
... an end to exit fees and introduced a cap on fees for lower-balance accounts. But the proposal to get rid of default insurance for accounts less than $6000 did not go through, following a deal between the Greens and the Coalition Government. Two recommendations ...

Government carves out super deal

HARRISON WORLEY  |  FRIDAY, 15 FEB 2019
... amendments. However, the Federal Government made significant concessions to the package. Importantly, the Government's insurance in super carve out - which would have seen younger workers be required to opt-in for insurance within their superannuation ...

Royal Commission to disrupt product distribution: Roy Morgan

JAMIE WILLIAMSON  |  WEDNESDAY, 13 FEB 2019
... investments, largely through financial advisers, with about 56% of managed investments sold this way. Financial advisers and insurance brokers are also expected to be hit, with about 24% of risk and life insurance sold through them. Advisers also account ...