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Showing 351 - 360 of 2177 results for "Insurer"

Trustees must improve IDR processes: ASIC

JAMIE WILLIAMSON  |  FRIDAY, 9 DEC 2022
Superannuation trustees have a lot of work to do when it comes to complaints handling, ASIC says. A new report from the regulator has found some superannuation trustees have sub-standard arrangements for managing complaints. The finding is based on ...

OnePath Life sued over utmost good faith duties breach

JAMIE WILLIAMSON  |  THURSDAY, 8 DEC 2022
... informed the customer she did not need to disclose any information older than five years. The decision followed the life insurer investigating the customer's medical history, revealing more specific information about hospitalisation for mental health ...

MLC Life adds to board

CHLOE WALKER  |  FRIDAY, 2 DEC 2022
... significant change, including the acquisition of MLCL by Nippon Life and the transformation required to become a standalone life insurer," he said. "Sandra leaves MLCL well placed for future success." Meanwhile, Dubé said: "I'm very much looking forward ...

Still potential for dividends growth: Ausbil

CASSANDRA BALDINI  |  TUESDAY, 29 NOV 2022
According to Ausbil, earnings growth will be harder to come by in 2023, however there will still be a possibility to secure dividends despite a slowing economy and rising interest rates. Ausbil active dividend income fund portfolio manager Michael Price ...

APRA urges entities to strengthen risk management

CASSANDRA BALDINI  |  FRIDAY, 25 NOV 2022
APRA general manager of governance, culture, remuneration and accountability Stuart Bingham said a strong risk culture is essential for effective risk management outcomes. In a speech, delivered at the Financial Services Assurance Forum, Bingham discussed ...

AFCA secures $900m in compensation

CASSANDRA BALDINI  |  MONDAY, 21 NOV 2022
Australians have taken home almost $900 million in compensation and refunds since the ombudsman service opened its doors in November 2018. The Australian Financial Complaints Authority (AFCA) said it's also handled more than 300,000 disputes, an ...

Advisers, non-relevant providers will not compete: Levy

CASSANDRA BALDINI  |  WEDNESDAY, 16 NOV 2022
... and to give good advice will be the institution," she explained. "It will be for the bank, the superannuation fund, the insurer. It will be that entity's obligation to work out, 'what advice can I safely give to my customers without a relevant ...

ANZ to pay $42m in insurance lawsuit

CASSANDRA BALDINI  |  MONDAY, 14 NOV 2022
ANZ has agreed to pay $42 million to settle a class action regarding consumer credit insurance (CCI) products. Commonwealth Bank has also reached a settlement for a similar matter. Slater and Gordon filed the class action against ANZ, OnePath Life ...

Vanguard Super reignites fee war with launch

JAMIE WILLIAMSON  |  FRIDAY, 11 NOV 2022
... watching Vanguard Super very closely." Vanguard Super's administrator is GROW, its custodian is JPMorgan, and its group insurer is AIA Australia.

TAL launches Professional Year platform

CHLOE WALKER  |  WEDNESDAY, 9 NOV 2022
The insurer has unveiled a new digital platform that promises to keep track of all Professional Year requirements and achievements. Developed by TAL's Risk Academy team, in collaboration with several licensees, PY Manager allows licensees, financial ...