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Showing 3141 - 3150 of 7047 results for "Insurance"

ASIC cancels suspended AFSL

EMMA RAPAPORT  |  THURSDAY, 6 APR 2017
ASIC has cancelled the Australian financial services licence of Parramatta-based company Rural & General Insurance Broking for failing to comply with legal obligations and licence conditions. The regulator found the company failed to lodge annual financial ...

ASIC wins first court action for FoFA breaches

EMMA RAPAPORT  |  WEDNESDAY, 5 APR 2017
... act in the best interests of clients. In upholding ASICs claims, the Federal Court found clients of NSG had been sold insurance and/or advised to rollover superannuation accounts that committed them to costly, unsuitable, and unnecessary financial arrangements. ...

Super insurance maintains active pricing: Research

DARREN SNYDER  |  WEDNESDAY, 5 APR 2017
About one-fifth of superannuation funds changed insurance rates or cover in the final quarter of 2016, latest Rainmaker research shows. The just-released Superannuation Benchmarking Report details how these super funds changed insurance rates or cover ...

Industry model costing good advisers

KARREN VERGARA  |  MONDAY, 3 APR 2017
... particularly when all advisers have already had to bear a raft of costs, including increased professional indemnity insurance premiums and costs associated with upgrading fee disclosure statements and incorporating opt-in arrangements." Any further increase ...

Former CFS executive joins Class board

JAMIE WILLIAMSON  |  MONDAY, 3 APR 2017
... Association of Superannuation Funds of Australia. Currently serving as a non-executive director of UniSuper, OnePath Insurance, SuperEd and the Actuaries Institute, Class chairman Matthew Quinn said the board is delighted to have appointed a director ...

Advice dealer group expands network

KARREN VERGARA  |  MONDAY, 3 APR 2017
... 2017. Saltbush provides business succession planning advice, that incorporates business and personal, as well as SMSF insurance advice. Elders Financial Planning general manager Tony Beaven said the addition will enhance Elders' existing advice offering ...

Nikko AM restructures fixed income team

KARREN VERGARA  |  FRIDAY, 31 MAR 2017
... manager Chris Rands will join the rates division and maintain primary responsibility for the Australian fixed income and insurance assets. The restructure will see two analysts and one portfolio manager leave the Australian team. "At Nikko AM, we firmly ...

Not our job to protect big insurers: APRA

ALEX BURKE  |  FRIDAY, 31 MAR 2017
The rise of peer-to-peer insurance and smaller insurance tech companies should be taken as a warning to established players - and APRA isn't going to protect outdated business models from failing. APRA member and former Suncorp Life chief executive ...

Can life and health insurers operate under one roof?

ALEX BURKE  |  FRIDAY, 31 MAR 2017
There are numerous benefits for life insurance companies to start offering health insurance products or enter into partnerships with health insurers, according to AIA Australia chief executive Damien Mu. Speaking at the 2017 Financial Services Council ...

Insurers lagging on mental health

ALEX BURKE  |  FRIDAY, 31 MAR 2017
The life insurance industry still has a long way to go in improving its understanding and tolerance of mental health issues, according to Mental Health Australia director, policy and projects Josh Fear. Speaking at the 2017 Financial Services Council ...