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

Search Results

Showing 21 - 30 of 593 results for "Council of"

Inflation 'uncomfortably high' as it rises to 3.8%

ELIZA BAVIN  |  WEDNESDAY, 28 JAN 2026
... and rein in ongoing inflation pressures in areas such as housing, travel and hospitality." However, the Australian Council of Social Service (ACOSS) acting chief executive Jacqui Philips said another rate rise would threaten thousands of jobs and increase ...

TAL to provide mental healthcare program via partnership

MATTHEW WAI  |  MONDAY, 10 NOV 2025
... for four consecutive years, with over 11,000 Australians making claims in relation in 2024-25 alone. It comes as the Council of Australian Life Insurers (CALI) is developing an industry action plan for mental health claims to ensure claimants are assessed ...

Norway wealth fund told to pause ethical divestments

JAMIE WILLIAMSON  |  THURSDAY, 6 NOV 2025
... divestment from Caterpillar in August over the use of its equipment by the IDF. It followed recommendations by the Council of Ethics on both June 25 and July 2. This was done under the existing guideline that the fund cannot invest in companies involved ...

Tech concentration in super a major concern: APRA

ELIZA BAVIN  |  THURSDAY, 30 OCT 2025
... sharing; and participating in exercises that test industry coordination with government regulatory agencies including the Council of Financial Regulators." This comes after Amazon Web Services (AWS) apologised this week for a massive global outage. Many ...

Feature: Group insurance | Cold comfort

MATTHEW WAI  |  WEDNESDAY, 22 OCT 2025
... 2024, Australian insurers paid out a total of $2.2 billion in mental health claims, according to modelling from the Council of Australian Life Insurers (CALI) using APRA data. Mental health is the fastest-growing cause of claims, according to APRA. The ...

Public feedback welcomed for Life Code improvements

MATTHEW WAI  |  MONDAY, 20 OCT 2025
... the public on how the Life Code can improve consumer benefits and insurers' conduct. The review was initiated by the Council of Australian Life Insurers (CALI) in July and is being led by former ASIC deputy chair Peter Kell. The consultation paper delves ...

Insurers design framework for dealing with mental health claims

MATTHEW WAI  |  MONDAY, 13 OCT 2025
The Council of Australian Life Insurers (CALI) is developing an industry action plan for mental health claims over the next 12 months, working with an expert panel from related fields to ensure claimants are assessed appropriately. The framework will ...

Mercer hires chief for Kiwi business

ELIZABETH FRY  |  THURSDAY, 9 OCT 2025
... The appointment brings a heavyweight to the role. Scott most recently served as a director of the Financial Services Council of New Zealand and carries over 20 years of experience in financial services and consulting across New Zealand and international ...

Annual ReCALIbrate recipients named

ANGELIQUE MINAS  |  WEDNESDAY, 8 OCT 2025
The 2025 recipients of the Council of Australian Life Insurers' (CALI) third annual ReCALIbrate program have been announced. The five beneficiaries are Whitsunday Wealth financial adviser Zoe Kennedy, Parachute Cover life insurance specialist Natalie ...

Explosive rise in claims drives new TPD solution for Acenda

MATTHEW WAI  |  TUESDAY, 30 SEP 2025
... offering access to meaningful protection that gives Australians the confidence to take life on." Recent data from the Council of Australian Life Insurers highlighted that mental illness payouts have ballooned to over $2.2 billion in the past year, positioning ...