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Showing 351 - 360 of 2708 results for "protection"

ASIC extends intervention orders against predatory lenders

CHLOE WALKER  |  MONDAY, 8 JAN 2024
... products, ASIC added. ASIC deputy chair Sarah Court said that extending these product intervention orders ensures continued protection in the market against these high-cost lending products. "Predatory lending practices targeting vulnerable consumers ...

Zurich cleared by Federal Court in life insurance dispute

ANDREW MCKEAN  |  MONDAY, 8 JAN 2024
... breaching its duty of utmost good faith by the Federal Court, in a case connected to OnePath Life's avoidance of an income protection policy. The case marks ASIC's first attempt to impose a civil penalty under s13 of the Insurance Contracts Act 1984 ...

What you read in 2023

JAMIE WILLIAMSON  |  FRIDAY, 15 DEC 2023
Once again, Financial Standard readers were captivated by the evolving superannuation landscape, with this year's top stories largely focused on this space. However, there was one particular executive move that simply couldn't be scrolled past. ...

ASIC, APRA slam premium hikes

KARREN VERGARA  |  FRIDAY, 15 DEC 2023
... answer is that they can. It doesn't seem fair." Most recently, Zurich's OnePath raised premiums for its income protection insurance for the Plus (Series2) policy by 100% over the next two years. "Given an increase in claims volume and length ...

UK to overhaul advice affordability, access

KARREN VERGARA  |  TUESDAY, 12 DEC 2023
The UK government is proposing major changes to make financial advice more accessible and affordable to everyday people as only 8% of consumers call upon the services of financial advisers. The Financial Conduct Authority (FCA) is looking to rollout ...

Mirova seeks €350m for new sustainable land management fund

ANDREW MCKEAN  |  MONDAY, 11 DEC 2023
... leveraging the strong technical expertise of its nearly 20-person team and established connections with experts in nature protection and restoration. Natixis IM country head of Australia and New Zealand Louise Watson commented: "Mirova is a pioneer in ...

'Significant deficiencies' lead APRA to act against NGS Super

JAMIE WILLIAMSON  |  FRIDAY, 8 DEC 2023
... working with APRA to meet the additional requirements. "We've reviewed our processes and acted to further strengthen the protection of our members' data and retirement savings. We've had multifactor authentication for a very long time and have now implemented ...

CSLR chief executive named

JAMIE WILLIAMSON  |  FRIDAY, 8 DEC 2023
... transformations in the financial services industry. He is also an advocate of positive change for the community, in particular protection of those most vulnerable to financial harm or disadvantage." Meantime, Delia Rickard has been named as a non-executive ...

A third of Aussies want life insurance advice: Research

CHLOE WALKER  |  THURSDAY, 7 DEC 2023
... receive from their life insurers. According to the survey, the main reasons for having life insurance are financial protection and the sense of security it offers (46%). Some of the respondents already have life insurance through their superannuation ...

Final QAR reforms open door to super funds

CASSANDRA BALDINI  |  THURSDAY, 7 DEC 2023
In its final response to the Quality of Advice Review (QAR), the government plans to modernise the best interests duty and amend the Statement of Advice (SoA), while also granting approval for superannuation funds to provide personal advice. In its ...