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Showing 11 - 20 of 7010 results for "Insurance"

ASIC and APRA move to streamline FAR

VINNY VUCAGO  |  THURSDAY, 3 SEP 2026
... established accountability obligations for senior executives and financial institutions, applies across the banking, insurance and superannuation sectors. The consultation comes as regulators continue to balance stronger individual accountability with ...

Scams and governance failures dominate tip-offs to ASIC

RIDDHIMA TALWANI  |  THURSDAY, 3 SEP 2026
... managed investment schemes, unlicensed provision of financial services conduct, and other conduct related to advice, insurance, and misleading and deceptive or unconscionable behaviour. Around 1950 of the complaints were of unregistered managed investment ...

AIA Australia rolls out TPD CORE

KARREN VERGARA  |  WEDNESDAY, 2 SEP 2026
AIA Australia has launched TPD CORE, a new retail product that charges lower premiums and provides clearer claim assessment criteria for total and permanent disability (TPD). Some of TPD CORE's key features include a five-year rate guarantee, a ...

Insurer sanctioned for over 10k breaches

MATTHEW WAI  |  WEDNESDAY, 2 SEP 2026
The Life Insurance Code Compliance Committee (Life CCC) has sanctioned a life insurer after it reported more than 10,000 breaches of the Life Insurance Code of Practice (Life Code) in relation to failure to provide timely, completed annual notices. ...

Superannuation assets inch to nearly $4.8tn

KARREN VERGARA  |  TUESDAY, 1 SEP 2026
... trusts that are already or have become aligned with their industry or provide the flexibility to maintain their bespoke insurance arrangements. Public sector superannuation funds on the other hand will "continue to grow over the coming years, albeit ...

KKR to pocket $24bn from USI sale

MATTHEW WAI  |  TUESDAY, 1 SEP 2026
KKR, alongside other co-investors, have agreed to sell USI Insurance Services to Aon for $24 billion (US$17bn). USI is an insurance brokerage and consulting business across risk, employee benefits and retirement solutions, and boast more than 10,500 ...

MUFG to acquire GROW Inc

ELIZA BAVIN  |  FRIDAY, 28 AUG 2026
... members will benefit from lower administration fees on income stream accounts, and this follows a reduction in both insurance and investment fees for members in the past 12 months."

FEATURE | Group insurance | Dusk to dawn

KARREN VERGARA  |  FRIDAY, 28 AUG 2026
... rightful place in the conversation and treatment pathways. Safety nets Unseen levels of mental-health claims in the group insurance industry stand tantamount to the crisis at hand. AIA Australia, an insurance partner for several super funds, recorded ...

CBA, Colonial First State settle class action for $249m

KARREN VERGARA  |  WEDNESDAY, 26 AUG 2026
... action in in-principle for $22.5 million relating to Commonwealth Financial Planning (CFP), Financial Wisdom and its life insurance business Colonial Mutual Life Assurance Society (CMLA). Shine Lawyers alleged that CFSI as the superannuation provider ...

AIA Australia rejigs retail team, appoints new lead

KARREN VERGARA  |  TUESDAY, 25 AUG 2026
AIA Australia's restructure of its retail business will see two senior leaders depart while a new chief retail insurance officer has been appointed to take charge of the next phase of growth. Chief retail insurance and advice officer Pina Sciarrone ...