Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 2418 results for "Claims"

Government aims to 're-make' NDIS, redirect funding to aged care

MATTHEW WAI  |  THURSDAY, 23 APR 2026
... leaving the NDIS as the only port in a storm for many Australians." Butler will also reassess the management of payments and claims, where currently the scheme has "visibility" of evidence for 90% of claims that are made by plan managers or providers. ...

Strengthen Life Code for mental health crisis, claims handling: Review

KARREN VERGARA  |  MONDAY, 13 APR 2026
... should be strengthened to reflect the growing mental health crisis, better support vulnerable customers and improve the claims-handling process. These are the key themes that emerged in the newly published Life Insurance Code of Practice independent ...

ASIC concerns over Interprac sale 'unfounded': Sequoia

JAMIE WILLIAMSON  |  FRIDAY, 10 APR 2026
... understanding that all information discussed was under embargo until an official statement was released by the company. Sequoia claims that announcement was sent to the ASX on the Friday afternoon but was not published by the bourse until the morning ...

Super Consumers Australia raises concerns over Treasury reforms

RIDDHIMA TALWANI  |  THURSDAY, 9 APR 2026
... they help support it and make it fairer and more sustainable. Currently, SMC said SMSFs account for about 80% of existing claims on the CSLR scheme relating to advice in that sector. The Association of Superannuation Funds of Australia (ASFA) said the ...

CSC to increase TPD premiums for PSSap members by 43.5%

JAMIE WILLIAMSON  |  THURSDAY, 2 APR 2026
... statement to Financial Standard, a CSC spokesperson said the superannuation sector as a whole is seeing an increase in TPD claims, driven by a rise in mental health conditions. "In response to this, working with our insurer, AIA, CSC has implemented ...

First Super switches out group insurer

JAMIE WILLIAMSON  |  THURSDAY, 19 MAR 2026
... specialist service to insured members when they need it most." From April 1, members will also be able to lodge and manage claims via Tele-lodgement. There will also be changes to some of the fund's terms and conditions for cover, including introducing ...

'We've let our members down': Watson

ELIZA BAVIN  |  TUESDAY, 17 MAR 2026
... industry. "I get the feeling we are letting our members down in terms of poor service," Watson said. "Firstly, we've got the claims handling matters that have arisen with insurance claims not being paid promptly. Secondly, members are finding it really ...

Digital assets don't need new regulatory logic: ASIC

RIDDHIMA TALWANI  |  THURSDAY, 12 MAR 2026
... familiar regulatory policy error: confusing technological novelty with economic novelty," Bollen said. Bollen noted similar claims were made during the rise of e-commerce, dematerialisation of securities, the rise of electronic payments, and the emergence ...

What Australia must do to be at the forefront of financial innovation

MATTHEW WAI  |  FRIDAY, 6 MAR 2026
... infrastructure in collaboration with several academic institutions to explore "early signal intelligence" in life insurance claims and disputes, a necessary step in using quantum capabilities safely and responsibly, Longo said. Overall, Longo said Australia ...

Cbus calls for tax reform on TPD payouts in pre-Budget submission

ELIZA BAVIN  |  WEDNESDAY, 4 MAR 2026
... after age 60 are generally tax-free, members under 60 must deal with a complex web of rules and can pay up to 22% tax on claims. The average Cbus TPD claim was sitting at around $103,000 last financial year. Cbus chief executive Kristian Fok said removing ...