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Showing 451 - 460 of 2024 results for "Application"

PPS Mutual transforms underwriting process

ANNABELLE DICKSON  |  TUESDAY, 8 DEC 2020
... PPS Mutual has removed several assessments to its medical and financial underwriting requirements to speed up the application process and benefit members. The mutual insurer has removed the "quick check medical requirement" for prospective members under ...

ASIC consults on consumer remediation

ELIZABETH MCARTHUR  |  THURSDAY, 3 DEC 2020
... clarified through Consultation Paper 335 Consumer remediation: Update to RG 256. The clarifications will include RG 256's application to all financial service licensees, credit licensees and superannuation trustees. ASIC has also today released a report ...

AAT refuses Allegra AFSL

ANNABELLE DICKSON  |  THURSDAY, 3 DEC 2020
... retail and wholesale clients, with Lachlan Schonfelder as its sole director and majority shareholder. ASIC refused the application in July 2019 over concerns about Schonfelder's past conduct. Schonfelder previously accepted a personal loan from a client ...

Dealer service provider adds former MLC advice firm

KANIKA SOOD  |  WEDNESDAY, 2 DEC 2020
ClearView's LaVista Licensee Solutions is adding a former MLC Financial Planning firm. LaVista will provide licensee services to Sydney-based Investorplan. "I get a lot of confidence knowing that LaVista leverages the back-office resources and infrastructure ...

ERS costs big super funds

ELIZA BAVIN  |  MONDAY, 30 NOV 2020
... in April payments made to eligible members have taken an average of 3.3 business days after receipt by funds of the application from the Australian Tax Office (ATO) and 95% have been made within five business days. Over the week to 22 November, 20,000 ...

ASIC takes action against missing woman

ELIZABETH MCARTHUR  |  FRIDAY, 27 NOV 2020
ASIC has taken action against Maliver and its sole director, Melissa Caddick - who has been missing in unclear circumstances for over a week - over concerns investor funds were misappropriated. The Federal Court has made interim orders against Maliver ...

ASIC prepares industry for claims handling law

KARREN VERGARA  |  FRIDAY, 27 NOV 2020
The corporate regulator has released more information to help life insurers and financial advisers adapt to new regulation when handling insurance claims. ASIC's information sheet and consultation paper C12 Proof: Claims Handling and Settling Service ...

ClearView streamlines underwriting

KARREN VERGARA  |  WEDNESDAY, 25 NOV 2020
ClearView Wealth has adopted Munich Re's digital platform to streamline the underwriting process and manage compliance obligations. ALLFINANZ Cloud, which was launched by Munich Re in 2019, will provide the cloud-based underwriting rules engine to speed ...

Praemium improves on-boarding

KARREN VERGARA  |  WEDNESDAY, 18 NOV 2020
... entry of client information has been removed, and the time it takes advisers to complete a Statement of Advice and application form have been reduced. Praemium chief commercial officer Mat Walker commented: "Praemium is continually looking for ways to ...

Australians drain $35bn from super

ELIZA BAVIN  |  MONDAY, 16 NOV 2020
Around $35 billion has been removed from Australians retirement savings as the governments' early release of super (ERS) scheme edges towards its close. Having opened in April this year in response to the immediate effects of the COVID-19 lockdown ...