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Showing 461 - 470 of 990 results for "Death"

CommInsure, TAL engaged in troubling conduct: Royal Commission

KARREN VERGARA  |  MONDAY, 24 SEP 2018
... Act which requires trustees to provide reasons for a decision in response to a complaint about the proposed payment of a death benefit. Rest said it had done so 184 times since 15 March 2017.

Royal Commission hears industry fund admitted wrongdoing to ASIC

HARRISON WORLEY  |  MONDAY, 24 SEP 2018
... 15 March 2017, for failing to provide reasons for a decision in response to a complaint about the proposed payment of a death benefit. Costello suggested to Commissioner Kenneth Hayne that it was open to him to find Rest engaged in misconduct by breaching ...

CommInsure misled FOS: Royal Commission

KARREN VERGARA  |  THURSDAY, 13 SEP 2018
... going back to 11 May 2014. Earlier yesterday morning, the Commission reinforced ASIC's recent findings that accidental death insurance was "problematic." Orr echoed why accidental death policies offered little to no value to consumers and many life ...

ClearView breached anti-hawking law 300k times

KARREN VERGARA  |  MONDAY, 10 SEP 2018
... OnePath, and St Andrew's Life Insurance. In its report, ASIC highlighted its concerns with providers downgrading accidental death policies that were sold to customers who didn't understand the cover or meet their needs. Martin admitted that he ...

Direct life insurance failing consumers: ASIC

KARREN VERGARA  |  THURSDAY, 30 AUG 2018
... customer, including bonus payments heavily focused on value or volume of sales, the regulator said. Sales of accidental death insurance were particularly problematic, ASIC said. This included instances where consumers were 'downgraded' to accidental ...

Retail super funds in hot water: Royal Commission

KARREN VERGARA  |  MONDAY, 27 AUG 2018
... role and a disregard for the gravity of the events in question; NAB continuing to deduct adviser service fees following the death of a member via licensees MLC Investments and Navigator Australia. It may have breached sections 912A(1)(a) and 912A(1)(c) ...

Financial abuse: A hidden epidemic

JAMIE WILLIAMSON  |  MONDAY, 6 AUG 2018
... gives people choices and, especially for those in violent relationships, can literally mean the difference between life and death." About 16% of Australian women will experience financial abuse in their lifetime, ranging from controlling or restricting ...

MLC refunds $67m in advice fees

KARREN VERGARA  |  FRIDAY, 27 JUL 2018
... multiple products were transferred to MKPS and MKBS Super, ASIC said at the time. Other issues involved changes made to death and total and permanent disablement insurance in both products. NULIS is due to appear before the Royal Commission, scheduled ...

Best in show should not dampen competition: Bowen

KANIKA SOOD  |  WEDNESDAY, 25 JUL 2018
... inquiry look at all the elements including what protections are in place for young workers in higher-risk occupations for whom death and disability cover is not something to be lightly dismissed," he said. "There is clearly a balance with all this - ...

Super under microscope at Royal Commission

DARREN SNYDER  |  MONDAY, 23 JUL 2018
... accessing super; identification issues; conditions of early release; and the difficulties associated with the release of death benefits. In an update on Monday, the Royal Commission listed the companies and entities that will appear, including: AMP Super ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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