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Showing 241 - 250 of 6951 results for "Insurance"

ASIC fines advice groups over unregistered advisers

JAMIE WILLIAMSON  |  THURSDAY, 17 JUL 2025
... Victoria. According to ASIC, the unregistered adviser presented a Statement of Advice to a client in relation to life insurance products. "Failure to register a financial adviser creates a risk for consumers who may receive personal advice from unregistered ...

ART inks mandate with Zurich

KARREN VERGARA  |  MONDAY, 14 JUL 2025
Zurich Australia is set to take on a major mandate from Australian Retirement Trust (ART) to provide insurance for its Super Savings members. ART confirmed it has entered final contract negotiations with Zurich to take over the group insurance mandate ...

Hostplus extends MetLife partnership

MATTHEW WAI  |  MONDAY, 14 JUL 2025
Hostplus has extended its group insurance partnership with MetLife Australia until June 2028. Since the inception of the partnership in 2013, Hostplus said its members have enjoyed lower premiums, improved insurance terms, and a more personalised claims ...

Funeral insurer fined $4.75m

MATTHEW WAI  |  FRIDAY, 11 JUL 2025
... managed when it was not. ACBF, a wholly owned subsidiary of Youpla Group (then ACBF Group), offered its funeral expenses insurance policy Aboriginal Community Funeral Plan (ACF Plan) primarily to Aboriginal consumers, ASIC said. Both entities have been ...

Mental illness payouts balloon over $2.2bn: CALI

MATTHEW WAI  |  FRIDAY, 11 JUL 2025
... 30s over the past decade. CALI chief executive Christine Cupitt said Australia's financial safety net, not just life insurance, is reaching a "tipping point". "Every year we see a growing number of people, particularly younger Australians, leaving the ...

Super moves: TCorp, Mercer, Commonwealth

ELIZABETH FRY  |  THURSDAY, 10 JUL 2025
... NSW's sovereign investment manager. Bahramali joined TCorp from Resolution Life following eight years with QBE. At the insurance giant, he had two roles. He began his career as an investment analyst before transitioning to a planning and solutions ...

Insurer names interim chief executive

JAMIE WILLIAMSON  |  THURSDAY, 10 JUL 2025
Adrian Stewart is set to leave Allianz Australia Life Insurance and Allianz Retire+, with an acting chief executive appointed. David Kane, currently chief operating officer, is stepping into the lead role in an interim capacity. Allianz said Stewart ...

RBA delivers 'confounding' rates decision

ELIZA BAVIN  |  TUESDAY, 8 JUL 2025
... where geopolitics is driving economics. In this context, a rate cut would have been a sensible move akin to taking out insurance to support the Australian economy by helping rebuild business confidence to drive investment," Philip said. "Domestically ...

RBA interest rate cut expected

ELIZA BAVIN  |  MONDAY, 7 JUL 2025
... tomorrow. MFS Investment Management fixed income research analyst Carl Ang said he believes the RBA will deliver a "dovish insurance cut". "Given the ever-shifting balance of risks and the heightened uncertainty it creates for hiring and investment in ...

AMP actions impacted 'hundreds of thousands' of customers: Shine

ELIZA BAVIN  |  FRIDAY, 4 JUL 2025
... Lawyers filed a class action against AMP this week alleging AMP Superannuation has slugged investors with excessive insurance fees. Shine Lawyers confirmed the class action has been filed in the Federal Court of Victoria on behalf of hundreds of thousands ...