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Showing 2461 - 2470 of 7047 results for "Insurance"

One-stop complaints shop opens

DARREN SNYDER  |  THURSDAY, 1 NOV 2018
... delivering free, fast and binding services for all financial complaints, whether they be related to banks, credit providers, insurance companies or superannuation funds," he said. "AFCA will have significantly higher monetary limits and compensation ...

ANZ wealth flows decline

KARREN VERGARA  |  WEDNESDAY, 31 OCT 2018
... and investments, and four aligned dealer groups to IOOF Holdings for $975 million. Two months later, it sold its life insurance business to Zurich for $2.85 billion. ANZ sold its New Zealand's life insurance business to Cigna Corporation for NZ$700 ...

Treasury delays CIPR timetable

KARREN VERGARA  |  WEDNESDAY, 31 OCT 2018
... get them over the line before the end of November. The Protecting Your Super reform is one, which is pushing for life insurance on an opt-in basis for young members under 25 and low balances or inactive accounts. The new legislation also aims to empower ...

Advice group continues education standards preparation

DARREN SNYDER  |  WEDNESDAY, 31 OCT 2018
... adviser network (currently about 65 advisers) practically apply the theory of business succession planning and key person insurance.

An insight into AFCA workload

DARREN SNYDER  |  TUESDAY, 30 OCT 2018
... resolved in Q3 2018, about one-quarter (24.4%) were for death benefit distribution. This was followed by deduction of insurance premiums (9.6%) and fees and charges (5.7%). This order matches the types of complaints the tribunal received during the q ...

Productivity Commission counters group insurance research

KARREN VERGARA  |  MONDAY, 29 OCT 2018
The Productivity Commission has taken a deeper dive into insurance inside superannuation and cast doubt into the sector's ability to help the Government alleviate social security payments. Releasing a supplementary paper to its May draft report ...

Cybersecurity fit for a $16bn insurer

KANIKA SOOD  |  FRIDAY, 26 OCT 2018
... Young, and the side benefits that came with it. IAG underwrites $11.4 billion of premiums every year across its many insurance brands in Australia and New Zealand - and a mass data breach could be a scary possibility. IAG head of cybersecurity, governance ...

ASIC and Austplan agree to mutual breakup

DARREN SNYDER  |  FRIDAY, 26 OCT 2018
... provide financial advice or any other financial service. Austplan is required maintain its current Professional Indemnity insurance policy until the AFSL cancellation takes effect; and maintain its membership of Australian Financial Complaints Authority ...

Challenger appoints new chief executive

KANIKA SOOD  |  FRIDAY, 26 OCT 2018
... having started in 2003. He has served as Challenger's chief investment officer and the chief executive of its life insurance business in the past. Prior to joining Challenger, Howes worked at Bankers Trust and Macquarie. Challenger board chair Peter ...

Life insurer early intervention reforms dumped

KARREN VERGARA  |  THURSDAY, 25 OCT 2018
Life insurance reforms proposed to provide better rehabilitation and early intervention treatment have been scrapped by the Federal Government. In response to the Parliamentary Joint Committee on Corporations and Financial Services' report released ...