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Showing 261 - 270 of 2441 results for "Claims"

APRA 'continuing to monitor' UniSuper outage

JAMIE WILLIAMSON  |  THURSDAY, 9 MAY 2024
... when a network gateway fails, but it will be responsible for the outcome - which is the inability of customers to lodge claims or access other services." Meanwhile, corporate regulator ASIC said that the matter "predominantly concerns APRA," but offered ...

ATO flags key focus areas this tax time

ELIZA BAVIN  |  MONDAY, 6 MAY 2024
... three key areas where taxpayers make common mistakes this tax season. Incorrectly claiming work-related expenses, inflation claims for rental properties and failing to include all income when lodging will all be focus areas for the ATO come end of financial ...

Aussies underestimate life insurance's importance: Investment Trends

ANDREW MCKEAN  |  TUESDAY, 30 APR 2024
... strategies to meet the evolving preferences of consumers," Guiamatsia said. The report also highlighted that life insurance claims processing takes an average of 7.3 days within super and 5.1 days outside of it, while death benefit claims average around ...

Court approves $16m DASS settlement

KARREN VERGARA  |  FRIDAY, 19 APR 2024
... re-admitted as Group Members and be able to claim some compensation under the class action settlement, while separately making claims to AFCA." Parent company of the now-defunct DASS, E&P Financial Group, did not admit any liability, which alleged that ...

Sequoia chair steps down

KARREN VERGARA  |  FRIDAY, 19 APR 2024
... bulk of which Sequoia said "comprises the deferred consideration that Sequoia did not issue Mr McGowen in light of the claims Sequoia has raised against Mr McGowen." On February 6, Sequoia sued McGowen in relation to its acquisition of Informed Investor ...

UniSuper selects new group insurer

JAMIE WILLIAMSON  |  WEDNESDAY, 17 APR 2024
... protection for each phase of your life..." At the same time, UniSuper is adjusting its premiums based on the likelihood of claims at different ages and also introduced the rates based on members' sex at birth, explaining that males are more likely to ...

ATO targets crypto investors, sharing economy

KARREN VERGARA  |  WEDNESDAY, 17 APR 2024
... returns were full of errors. This year, Chapman said investors can expect the ATO to crack down on excessive interest expense claims, such as where property owners have tried to claim borrowing costs on the family home and rental property. Incorrect ...

Class action building against GEMI Capital

ELIZA BAVIN  |  MONDAY, 15 APR 2024
MC Lawyers & Advisers has launched a class action investigation into claims of investor losses in various financial products issued by GEMI Asset Management. The law firm said investigations were targeting scenarios in which wholesale or sophisticated ...

Life insurers struggle with code compliance

KARREN VERGARA  |  WEDNESDAY, 10 APR 2024
... refunding after cancellation, was the fastest-growing breach, sharply rising 322% to 963 instances. Breaches related to claims handling obligations rose by 18%. "Failing to address claims promptly not only breaches code obligations but also adds unnecessary ...

James Mawhinney arrested as Mayfair 101 saga rolls on

JAMIE WILLIAMSON  |  WEDNESDAY, 10 APR 2024
... now, with the regulator taking him to court for operating what it believes to be a Ponzi scheme and Mawhinney fighting the claims and accusing ASIC of its own misconduct in pursuing him. In the latest instalment, Mawhinney was arrested yesterday and ...