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Showing 11 - 20 of 2437 results for "Claims"

Financial services CSLR Levy hits $198m

MATTHEW WAI  |  THURSDAY, 2 JUL 2026
... increase from its initial estimate announced in November 2025. The latest update expects to conclude the final cohort of claims related to Dixon Advisory, while including the first tranche of some 474 claims from the collapses of Shield and First Guardian ...

Final report into Life Code makes 85 recommendations

MATTHEW WAI  |  WEDNESDAY, 1 JUL 2026
... (Life Code) has been finalised, proposing some 85 recommendations across aspects of mental health, customer vulnerability, claims handling, and sales practices. The review, initiated by the Council of Australian Life Insurers (CALI), commenced in October ...

Greens, Labor agree on LRBA ban on SMSFs

MATTHEW WAI  |  WEDNESDAY, 24 JUN 2026
... structure itself, but the conduct of those who aggressively market unsuitable property investments and make unrealistic claims about returns and retirement outcomes." Burgess also highlighted a consultation on the reforms should be launched, and a grandfathering ...

Diversa drags Praemium into First Guardian lawsuit

KARREN VERGARA  |  TUESDAY, 23 JUN 2026
... Diversa Trustees relating to ASIC's proceedings taking action against Diversa for its involvement in First Guardian. "The claims seek compensation from PAL, Powerwrap and OVWS relating to the onboarding and monitoring of the First Guardian investment ...

FEATURE | Member engagement | On the ball

KARREN VERGARA  |  TUESDAY, 23 JUN 2026
... implementing that advice. That's where we see real value." Total improvement ASIC's scathing review of the death benefit claims-handling process released in March 2025 found not one trustee tracked the life of a claim from start to finish. Among ...

Union calls on RBA staff to reject pay offer

VINNY VUCAGO  |  MONDAY, 22 JUN 2026
... the bargaining table and negotiate a higher wage outcome more closely aligned with broader public and private sector pay claims. FSU national secretary Julia Angrisano said the offer undervalues employees responsible for supporting one of Australia's ...

APRA embeds geopolitical risks management ground rules

KARREN VERGARA  |  THURSDAY, 18 JUN 2026
... could trigger a cascading impact across institutions. This can impact offshore investments or operations and interrupt claims, administration or member services - ultimately undermining customer and market confidence. "Entities therefore need to be able ...

Acenda in the hot seat over enterprise agreement

MATTHEW WAI  |  THURSDAY, 18 JUN 2026
... redundancy clauses." The FSU said the offer follows the axing of 280 jobs at the company in the last 18 months and received claims some staff haven't received a pay rise in seven years. According to the proposed agreement, less than half (47%) of Acenda ...

ASIC expands list of super lead generation entities

VINNY VUCAGO  |  THURSDAY, 18 JUN 2026
... businesses that engage such operators may also face regulatory scrutiny. The regulator encouraged consumers to be wary of claims that their current fund is underperforming, promises of high returns, offers to locate lost super for free and situations ...

Super funds race to implement digital advice

VINNY VUCAGO  |  FRIDAY, 12 JUN 2026
... continue to rely on outdated processes, creating friction for members at critical life stages such as retirement, insurance claims and financial hardship applications. "At some of the most critical points in people's lives, whether interacting with their ...