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Showing 461 - 470 of 2421 results for "Claims"

FSC suggests CSLR improvements

KARREN VERGARA  |  MONDAY, 20 SEP 2021
... recommendations from the FSC includes having provisions in the CSLR to prevent phoenixing and retaining the $150,000 cap on claims proposed by the government. "The CSLR should also be amended to prevent phoenixing, where an operator abandons a company ...

Statewide Super increases premiums

ELIZABETH MCARTHUR  |  THURSDAY, 16 SEP 2021
... which the amount of unitised death and TPD cover will reduce from age 31 to age 35. Statewide is changing its test for TPD claims too - from activities of daily living to the more progressive activities of daily work.

ASIC provides licensing update

ELIZABETH MCARTHUR  |  THURSDAY, 16 SEP 2021
... the previous financial year. ASIC suggested that the increase was mainly due to licensing reforms relating to insurance claims handling and debt management services. ASIC approved 458 new AFSLs and ACLs, compared to 394 last year. ASIC also approved ...

Former super fund chief defends tenure

JAMIE WILLIAMSON  |  THURSDAY, 16 SEP 2021
... products to fail the inaugural Your Future, Your Super performance test. Following that, the Sydney Morning Herald reported claims from unnamed former employees of poor culture, frivolous spending, and conflicted business arrangements at the fund. Now ...

CFS reduces premiums

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 SEP 2021
... highly competitive tender process. AIA demonstrated significant uplifts in proposed service, technology, underwriting and claims management capabilities when compared with the other proposals we received," CFS Superannuation chief executive Kelly Power ...

Zurich appoints head of product

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 SEP 2021
... insurance leadership team," a spokesperson for Zurich Life & Investments confirmed. Faglioni was previously head of group claims at Zurich and has been with the company for a couple of years. "This appointment is part of Zurich's investment in its group ...

Tax agent banned for dishonesty

ANNABELLE DICKSON  |  FRIDAY, 10 SEP 2021
... unsubstantiated information, including claiming incorrect amounts of business losses and work-related expense deductions. The claims were incorrect and Jakkampudi also failed to meet the ATO lodgement dates for Truecare. This resulted in penalties being ...

AustralianSuper skewers draft disclosure laws

JAMIE WILLIAMSON  |  MONDAY, 6 SEP 2021
... unclear where the government proposes that capital will be found into the future." The fund also questioned the government's claims that the regulations are 'global best practice', saying it reviewed regulatory models applying to the asset classes and ...

Gauging the Future Fund's MySuper potential

JAMIE WILLIAMSON  |  MONDAY, 6 SEP 2021
... proposed the Future Fund become the default option for workers, while others looked at the fund's historic returns and made claims of it outperforming MySuper. "The Future Fund is a professional and high performing investment fund, but to say it's the ...

Zurich, OnePath cover vaccine side-effects

ANNABELLE DICKSON  |  FRIDAY, 3 SEP 2021
... in the rare instance they may suffer a serious side effect." The offer is available from September 1 to December 31 with claims lodged by 31 December 2022. Eligible customers must have an in-force policy during this period and at the time they are vaccinated. ...