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Showing 241 - 250 of 755 results for "FSC"

Stop genetic testing questions: Poll

KARREN VERGARA  |  TUESDAY, 20 NOV 2018
... cover without having to disclose an adverse genetic test result. The moratorium is expected to be in place until 30 June 2024. FSC chief executive Sally Loane said the arrangement will be similar to the UK, whereby Australians will have the option to ...

FSC moves to protect retail super from ALP 'tinkering'

HARRISON WORLEY  |  WEDNESDAY, 14 NOV 2018
... over Labor's proposed changes to franking credits. In a submission to the House of Representatives Economics Committee, the FSC outlined the impact of the current franking system, noting more than 2.6 million members of large superannuation funds benefited ...

FSC revamps life insurer code

KANIKA SOOD  |  MONDAY, 12 NOV 2018
... standards in product design, sales, underwriting, customer service, complaints and claims handling for the life insurers, FSC said. Key changes include getting life insurers to ban pressure selling products or using coercive retention tactics. The FSC ...

Life insurers fear genetic testing changes

KARREN VERGARA  |  FRIDAY, 2 NOV 2018
... using genetic test results as part of insurance applications on 1 July 2019. It is expected to be in place until 30 June 2024. FSC chief executive Sally Loane said similar to the UK, Australians will have the option to disclose favourable genetic test ...

FSC appoints UBS, Mercer heads

KANIKA SOOD  |  WEDNESDAY, 31 OCT 2018
... 29. They replace outgoing directors ANZ deputy chief executive Alexis George and MLC Super chief executive Matthew Lawrence. FSC has confirmed Challenger's outgoing chief executive Brian Benari will retain his co-deputy chair role on the FSC's board ...

Treasury delays CIPR timetable

KARREN VERGARA  |  WEDNESDAY, 31 OCT 2018
... superannuation trustees more time to get retirement income strategies in order. Robert told a Financial Services Council (FSC) event in Sydney this morning that following the first phase of retirement income framework consultation, the $50,000-and-over ...

Life insurer early intervention reforms dumped

KARREN VERGARA  |  THURSDAY, 25 OCT 2018
... payments for treatment to Australians at risk of long-term incapacity where they are not covered by private health insurance, the FSC said in a statement. "The industry proposed early intervention will allow insurers to fund a range of treatments to ...

Insurance shake-up puts clients first

KARREN VERGARA  |  TUESDAY, 2 OCT 2018
... the steps the industry has taken to establish the Life Insurance Code of Practice. Willsford, who previously worked with the FSC and industry stakeholders to introduce fee disclosure in prospectuses, understands the challenges of launching unprecedented ...

FSU, FSC respond to interim report

JAMIE WILLIAMSON  |  FRIDAY, 28 SEP 2018
... responsibility for the culture that led to some deplorable outcomes for many consumers and a transformation is long overdue," FSC chief executive Sally Loane said. "I thank Commissioner Hayne for a robust and thorough report which deserves time to be ...

Give life code a chance, Loane tells Royal Commission

HARRISON WORLEY  |  FRIDAY, 21 SEP 2018
Financial Services Council (FSC) chief executive Sally Loane equated removing the carve out of life insurance claim handling in the Corporations Act to using "a sledgehammer to crack a nut." Appearing before the financial services Royal Commission on ...