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Showing 431 - 440 of 7045 results for "Insurance"

Fixing retirement system an election priority: Grattan

JAMIE WILLIAMSON  |  MONDAY, 17 MAR 2025
... track, Grattan said more of the value of the family home should be included in the Age Pension assets test, and default insurance through super should be reviewed, including assessing whether default insurance cover should be provided outside of super. ...

MLC Life explores new market

ELIZABETH FRY  |  THURSDAY, 13 MAR 2025
MLC Life has recruited a new general manager to help drive growth in the individual life insurance segment. Imran Lalani has been appointed general manager of emerging individual markets. He joins MLC Life Insurance with extensive experience in leadership ...

ART appoints insurance chief

ELIZABETH FRY  |  THURSDAY, 13 MAR 2025
Australian Retirement Trust has appointed the interim head of insurance to the job permanently. Matthew Finney is now chief executive of ART Life, an APRA-regulated insurance entity and a wholly owned subsidiary of the superannuation giant. Finney was ...

Super funds to 'look more like insurers'

ELIZA BAVIN  |  THURSDAY, 13 MAR 2025
... and that's at some point over the next decade, or a bit more," McHugh said. "So, then they'll look a lot more like insurance companies, but actually they already look a lot more like alternatives managers and asset managers. So, there is a need for ...

ASIC, ASFA spar over super fund trustees 'not knowing' their business

ANDREW MCKEAN  |  THURSDAY, 13 MAR 2025
... and its failure to merge multiple accounts, Aware Super charging fees for no service, Westpac/ BT incorrectly charging insurance commissions to members, and Colonial First State misleading members as examples of funds not knowing their business. "At ...

Cost to maintain comfortable retirement increases

MATTHEW WAI  |  WEDNESDAY, 12 MAR 2025
... the budget for a modest retirement remains "basically unchanged". The higher costs for domestic holidays and vehicle insurance added to the cost of retirement in the quarter, ASFA said, but retirees have offset some of these shortfalls through strong ...

AustralianSuper sued over death benefit delays

JAMIE WILLIAMSON  |  WEDNESDAY, 12 MAR 2025
... APRA-regulated funds. These include the timely and compassionate handling of death benefits, fair and efficient processing of insurance claims, and clear, respectful and accessible communications with members.

Unlawful hawking practices re-emerge in SMSFs

MATTHEW WAI  |  TUESDAY, 11 MAR 2025
... often associated with promises of unrealistic returns." ASIC banned unsolicited cold calling in life and consumer credit insurance sales in January 2020 following the Hayne Royal Commission, intending to "stop practices that lead to poor consumer outcomes ...

Beware creep of cancel culture into super fund governance: Lawyer

ANDREW MCKEAN  |  FRIDAY, 7 MAR 2025
... Nevertheless, Barrett sees some merit in the proposals, which he believes will be welcomed by directors in superannuation, insurance, and banks. For him, the best initiative is the move to allow boards to delegate more operational matters to board committees. ...

Westpac's Yetton chooses to move on

ANDREW MCKEAN  |  FRIDAY, 7 MAR 2025
... Mercer. However, Westpac retained its platform businesses, BT Panorama and Asgard. Westpac also walked away from life insurance, offloading its Australian business to Japan's TAL Dai-ichi Life in 2021 for $900 million. He previously undertook a similar ...