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Showing 31 - 40 of 126 results for "Counsel Assisting"

CommInsure, TAL engaged in troubling conduct: Royal Commission

KARREN VERGARA  |  MONDAY, 24 SEP 2018
In closing the sixth round of the Royal Commission, counsel assisting found that CommInsure, TAL and Rest may have engaged in conduct that fell below community standards after hearing "troubling" evidence from various case studies. CommInsure and Colonial ...

Royal Commission hears industry fund admitted wrongdoing to ASIC

HARRISON WORLEY  |  MONDAY, 24 SEP 2018
... of hearings. Making his closing statement on the final day of the Commission's insurance hearings (Friday), counsel assisting Mark Costello revealed Rest - an industry super fund with more than two million members - filed a breach report with Australia's ...

Give life code a chance, Loane tells Royal Commission

HARRISON WORLEY  |  FRIDAY, 21 SEP 2018
... of its life insurance code to be given a chance to have an effect before statutory obligations be enforced. Counsel assisting Rowena Orr asked Loane if the FSC considered it problematic that Australia's corporate regulator did not have the power ...

Frydenberg appoints second APRA deputy chair

HARRISON WORLEY  |  TUESDAY, 18 SEP 2018
... improve community confidence in the industry. Recently APRA came under scrutiny at the Royal Commission, as counsel assisting Michael Hodge questioned whether APRA and ASIC adequately addressed the problematic cultures of superannuation fund providers ...

ASIC takes Dover, McMaster to court

JAMIE WILLIAMSON  |  MONDAY, 17 SEP 2018
... round of Royal Commission hearings earlier this year, McMaster was criticised for implementing the policy which counsel assisting Mark Costello labelled 'Orwellian'. The policy formed the main discussion point for McMaster's testimony. Dover ...

AMP defaulted members as smokers: Royal Commission

KARREN VERGARA  |  MONDAY, 17 SEP 2018
... delinked or smoker. A delinked rate is a blend of a smoker and non-smoker rate, Sainsbury said. In essence, counsel assisting Mark Costello said this blended rate is a higher premium. Costello pointed out that under ASIC regulatory guide 529, trustees ...

TAL hired private investigator to follow claimant: Royal Commission

KANIKA SOOD  |  THURSDAY, 13 SEP 2018
... presenting now was for a new illness, the GP noted. On receiving the claim request, TAL went on what senior counsel assisting Rowena Orr called a "fishing expedition". The nurse was asked to produce a large number of documents including her tax records ...

CommInsure misled FOS: Royal Commission

KARREN VERGARA  |  THURSDAY, 13 SEP 2018
... deliberately withholding medical information and delaying the process, the Royal Commission heard yesterday afternoon. Counsel assisting Rowena Orr turned her focus to CBA's life insurance subsidiaries CommInsure and Colonial Mutual Life Assurance ...

ClearView breached anti-hawking law 300k times

KARREN VERGARA  |  MONDAY, 10 SEP 2018
... ClearView chief actuary and risk officer Gregory Martin, who took the witness stand this afternoon. Martin told counsel assisting Rowena Orr that ClearView "got [it] wrong" and "made a mistake" because it simply didn't understand it was breaching ...

Life insurers admit to misconduct: Royal Commission

HARRISON WORLEY  |  MONDAY, 10 SEP 2018
... conduct fell below community standards and expectations. Opening the sixth round of Royal Commission hearings, counsel assisting Rowena Orr laid bare instances of misconduct as revealed in submissions made to the Commission. In its three submissions ...