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Showing 2511 - 2520 of 7046 results for "Insurance"

Australian Unity's wealth business grows

KANIKA SOOD  |  WEDNESDAY, 12 SEP 2018
... $64.8 million "This solid result was principally driven by an improved underwriting experience for the retail health insurance business and an improvement in net interest margin for the banking business." it said.

Freedom sold life insurance to intellectually disabled man: Royal Commission

HARRISON WORLEY  |  WEDNESDAY, 12 SEP 2018
Freedom Insurance sold life insurance to an intellectually disabled man, and only cancelled the policy after several instances of correspondence with his family, the Royal Commission heard yesterday. Giving testimony at the second day of life insurance ...

Best-in-show super fund list should be 11: WSSA

KARREN VERGARA  |  TUESDAY, 11 SEP 2018
... choose, because employer funds are not just off-the-rack funds. A lot of these funds have highly negotiated fees, special insurance arrangements and specialised education facilities," he said. Limiting the number of funds on the recommended list to 10 ...

ClearView breached anti-hawking law 300k times

KARREN VERGARA  |  MONDAY, 10 SEP 2018
The sixth round of the financial services Royal Commission heard ClearView's direct life insurance business breached anti-hawking provisions up to 303,000 times. The figure has ballooned from the 278,664 originally reported to the Commission, according ...

Life insurers admit to misconduct: Royal Commission

HARRISON WORLEY  |  MONDAY, 10 SEP 2018
This morning the Royal Commission heard about instances of misconduct in the life insurance industry and where conduct fell below community standards and expectations. Opening the sixth round of Royal Commission hearings, counsel assisting Rowena Orr ...

Insurance in super code weak: ASIC

KARREN VERGARA  |  MONDAY, 10 SEP 2018
ASIC's latest review into insurance in superannuation shows the industry still has "significant weaknesses" despite the launch of the voluntary code of practice nine months ago. Over 2017-18, ASIC reviewed 47 superannuation trustees, which included ...

Industry funds launch account matching initiative

KARREN VERGARA  |  MONDAY, 10 SEP 2018
... system to sort out multiple accounts for them," he said. On a per member basis, this could save $260 a year in fees and insurance premiums and help them build their super savings faster, Dean added. The process will involve eligible rollover fund, AUSfund ...

UK adviser competency to be re-evaluated

JAMIE WILLIAMSON  |  THURSDAY, 6 SEP 2018
... Authority introducing a new assessment aimed at raising standards and competence. The FCA has partnered with the Chartered Insurance Institute to develop a 'Regulated Retail Investment Adviser Re-evaluation' test for financial advisers with a level 4 ...

Life insurer undertakes strategic review

JAMIE WILLIAMSON  |  THURSDAY, 6 SEP 2018
... appearance at the Royal Commission, an ASX-listed life insurer has announced it is undertaking a strategic review. Freedom Insurance Group said the decision to assess its options was spurred by the release of ASIC's review into direct life insurance ...

Integrity Life expands senior team

KARREN VERGARA  |  TUESDAY, 4 SEP 2018
... ClearView Wealth as head of operations, McCrea brings 25 years' of experience in financial services - predominantly in life insurance. McCrea joined ClearView Wealth in August 2012, starting off as a manager of underwriting operations and technology. ...