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Showing 21 - 30 of 2182 results for "Claims"

Government dawdling on paid parental leave super: Greens

ANDREW MCKEAN  |  MONDAY, 18 MAR 2024
... "scare campaigns" regarding the supposed burden on small businesses, saying that there is "no evidence" to support such claims. She added that any changes that sever the link between an employer and an employee taking parental leave would undermine the ...

AFCA secures $40m in refunds

ELIZA BAVIN  |  THURSDAY, 14 MAR 2024
... issues included breaches of the SIS Act and SIS Regulations, incorrect cancellation of insurance policies and inadequate claims handling. In investments and advice the issue was that a processing error had seen charges applied that didn't align to the ...

Hostplus rejects anti-competitive behaviour claims

KARREN VERGARA  |  TUESDAY, 12 MAR 2024
Hostplus rejects claims it is promoting anti-competitive behaviour in attempting to ban human resources technology platforms from offering employees choice of superannuation funds at the onboarding process. Employment Hero chief executive Ben Thompson ...

Experts issue warning over AI washing

ANDREW MCKEAN  |  MONDAY, 11 MAR 2024
... Commission chair Gary Gensler recently highlighted, while new technologies often generate buzz, they may also give rise to false claims, possibly presaging a proliferation of AI washing - mispresenting the extent to which a product or technology solution ...

ASIC cracks down on scammers

CHLOE WALKER  |  MONDAY, 4 MAR 2024
... low-fee accounts, and how superannuation trustees deliver important member services, such as how they handle death benefits claims," Longo said. "We will continue to work to ensure the financial system works for all Australians." At the same time, the ...

Super funds convene with assistant treasurer

ANDREW MCKEAN  |  MONDAY, 26 FEB 2024
... initiated a roundtable discussion last week with Jones, focusing on how the government could expedite the process for insurance claims and death benefits. They also briefed the minister on new initiatives by super funds to improve service delivery. "The ...

Rest faces class action over IP premiums

CHLOE WALKER  |  MONDAY, 19 FEB 2024
... June 2019, Rest automatically enrolled new members in income protection insurance without their active consent. It also claims that when members didn't make any contribution to their Rest account for 13 continuous months or more, the default income ...

ASIC files lawsuit against unlicensed director, companies

JAMIE WILLIAMSON  |  FRIDAY, 16 FEB 2024
... development of a product by Kradle Software. During this time, MacroLend has not held an AFSL. In courting investors, ASIC claims Hodgson told them Kradle Software held intangible assets of $1.02 billion when it did not; recorded assets were just $11,180. ...

iExtend finds interim arrangement to operate

KARREN VERGARA  |  TUESDAY, 6 FEB 2024
... concerned that iExtend may have provided financial product advice without a licence, and that iExtend may look to provide a claims handling and settling service in the future. iExtend chief executive David Sarkis said the CAR, established with Ingenious ...

MetLife Australia hires chief operating officer

JAMIE WILLIAMSON  |  FRIDAY, 2 FEB 2024
... operating officer, effective this week. Lacheur joins from AIA where she was most recently acting chief customer operations and claims officer. She first joined AIA in May 2020 following its acquisition of CommInsure Life. In all, Lacheur spent about ...