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Showing 441 - 450 of 6957 results for "insurance"

Insignia snags TAL executives for new retirement solutions team

MATTHEW WAI  |  MONDAY, 4 NOV 2024
... products and services to our customers." Howard has over 25 years of experience across superannuation, advice, life insurance and asset management. Before TAL, Howard was the chief operating officer and interim chief executive at Rest. He has also previously ...

Westpac profits drop as it prepares for leadership change

ELIZA BAVIN  |  MONDAY, 4 NOV 2024
... Westpac said while the class action filed against BT Financial Group, Westpac Securities Administration and Westpac Life Insurance (now known as TAL Life Insurance) in October 2023 reached a settlement in September 2024, it still requires approval from ...

TAL names retirement and wealth lead

MATTHEW WAI  |  THURSDAY, 31 OCT 2024
... introduction of several changes to the life insurer's underwriting policies in regard to medical test requirements for insurance applications. With the changes, TAL said it will streamline and significantly lower the mandatory medical testing rate ...

Super complaints rise in FY24: AFCA

ELIZA BAVIN  |  THURSDAY, 31 OCT 2024
... withdrawals, errors in investment switches, and difficulties with online services," AFCA said. Complaints around TPD insurance rose 26%, totalling 1245 cases. AFCA said these complaints included eligibility disputes, delays in decision-making and detailed ...

Jones preps DBFO Tranche 2 for parliament

KARREN VERGARA  |  WEDNESDAY, 30 OCT 2024
... also receive a makeover, while a new class of advisers called "Qualified Advisers" from banks, super funds, and life insurance firms will be able to provide simple advice. Jones told a recent AFR event: "The financial advice laws in the country are not ...

Morningstar flags governance issues, leadership turnover at Cbus

ANDREW MCKEAN  |  TUESDAY, 29 OCT 2024
... Cbus has made to translate its growing scale into lower investment fees in recent years and also the launch of a new insurance offering for members..." Morningstar also noted Cbus has had subpar shorter-term relative returns, albeit respectable over ...

Gap exists between licensees' AI use and governance processes: ASIC

MATTHEW WAI  |  TUESDAY, 29 OCT 2024
... use cases across 23 licensees as at the end of 2023, which included operations in the financial advice sector and life insurance, to identify potential loopholes in AI incorporation. The Beware the gap: Governance arrangements in the face of AI innovation ...

ASIC secures win against HCF Life

ELIZA BAVIN  |  TUESDAY, 29 OCT 2024
... coverage even if the customer was not aware of the pre-existing condition. Additionally, ASIC said section 47 of the Insurance Contracts Act (ICA) prevents insurers from excluding coverage for non-disclosure of a pre-existing condition if the customer ...

abrdn bleeds $6bn, share price plummets

JAMIE WILLIAMSON  |  FRIDAY, 25 OCT 2024
... Investor - which also accounted for much of the growth seen in AUMA, alongside positive market moves. Meanwhile, it's Insurance Partners business also saw net outflows of $2.15 billion (£1.1bn). Listed on the London Stock Exchange, at the close on Wednesday ...

Delaying DBFO imposes 'generational' consequences

MATTHEW WAI  |  THURSDAY, 24 OCT 2024
... met. More than 40% of Australians want personalised advice that could help them make informed decisions for specific insurance products, and under the reform, life insurers will be able to achieve that at no extra cost. This would be particularly helpful ...