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Showing 31 - 40 of 600 results for "Council of"

Tech concentration in super a major concern: APRA

ELIZA BAVIN  |  THURSDAY, 30 OCT 2025
... sharing; and participating in exercises that test industry coordination with government regulatory agencies including the Council of Financial Regulators." This comes after Amazon Web Services (AWS) apologised this week for a massive global outage. Many ...

Feature: Group insurance | Cold comfort

MATTHEW WAI  |  WEDNESDAY, 22 OCT 2025
... 2024, Australian insurers paid out a total of $2.2 billion in mental health claims, according to modelling from the Council of Australian Life Insurers (CALI) using APRA data. Mental health is the fastest-growing cause of claims, according to APRA. The ...

Public feedback welcomed for Life Code improvements

MATTHEW WAI  |  MONDAY, 20 OCT 2025
... the public on how the Life Code can improve consumer benefits and insurers' conduct. The review was initiated by the Council of Australian Life Insurers (CALI) in July and is being led by former ASIC deputy chair Peter Kell. The consultation paper delves ...

Insurers design framework for dealing with mental health claims

MATTHEW WAI  |  MONDAY, 13 OCT 2025
The Council of Australian Life Insurers (CALI) is developing an industry action plan for mental health claims over the next 12 months, working with an expert panel from related fields to ensure claimants are assessed appropriately. The framework will ...

Mercer hires chief for Kiwi business

ELIZABETH FRY  |  THURSDAY, 9 OCT 2025
... The appointment brings a heavyweight to the role. Scott most recently served as a director of the Financial Services Council of New Zealand and carries over 20 years of experience in financial services and consulting across New Zealand and international ...

Annual ReCALIbrate recipients named

ANGELIQUE MINAS  |  WEDNESDAY, 8 OCT 2025
The 2025 recipients of the Council of Australian Life Insurers' (CALI) third annual ReCALIbrate program have been announced. The five beneficiaries are Whitsunday Wealth financial adviser Zoe Kennedy, Parachute Cover life insurance specialist Natalie ...

Explosive rise in claims drives new TPD solution for Acenda

MATTHEW WAI  |  TUESDAY, 30 SEP 2025
... offering access to meaningful protection that gives Australians the confidence to take life on." Recent data from the Council of Australian Life Insurers highlighted that mental illness payouts have ballooned to over $2.2 billion in the past year, positioning ...

Insurers' approaches reinforcing mental health stigma: Life CCC

MATTHEW WAI  |  TUESDAY, 16 SEP 2025
... undermining trust and hindering people with mental health conditions from securing life insurance. It comes after the Council of Australian Life Insurers signalled a review of the Life Code, commencing on October 1, following the increase in payouts ...

Coalition's super for housing policy 'unlikely to continue': Bragg

ELIZA BAVIN  |  WEDNESDAY, 10 SEP 2025
... $100,000 or $150,000; or removing the cap altogether. The turnaround in policy has been welcomed by the Australian Council of Trade Unions (ACTU), with assistant secretary Jospeh Mitchell saying it would have drained workers' retirement savings. "It's ...

RBA 'alert' to impact of tech on the economy: Bullock

ELIZA BAVIN  |  THURSDAY, 4 SEP 2025
... considering the impacts of technology on Australia's financial stability and said it has been working closely with the Council of Financial Regulators to assess both the risks and opportunities that come with "rapid technological change". She added that ...