Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 31 - 40 of 1239 results for "Insurers"

CSLR levy must be directed towards bad actors: Burgess

MATTHEW WAI  |  FRIDAY, 29 MAY 2026
... also said the government should share CSLR funding responsibility, a suggestion echoed by the Council of Australian Life Insurers. "It is unreasonable to expect that the cost should fall solely on compliant participants or targeted groups of consumers ...

Old settings for TPD 'no longer fit': APRA

RIDDHIMA TALWANI  |  THURSDAY, 28 MAY 2026
... may be constraints and where change may be needed. APRA is working closely with CALI to facilitate engagement between insurers and trustees to address sustainability, she added. At a recent roundtable with ASIC, Magill said several themes were consistently ...

Russell Investments wins $8.6bn mandate

ELIZA BAVIN  |  WEDNESDAY, 27 MAY 2026
... a clear sign of the rising demand for currency solutions. "Delivering efficient implementation to improve returns for insurers and family offices is a core part of our continued expansion in Asia," Edgar said. Russell Investments director, customised ...

ASIC, APRA target insurers' TPD product sustainability

KARREN VERGARA  |  MONDAY, 25 MAY 2026
Regulators are putting the pressure on life insurers to manage problematic issues arising from total and permanent disability (TPD) products offered across the retail and group insurance channels, a recent roundtable heard. ASIC and APRA warned providers ...

APRA sharpens oversight, flags tech and geopolitical risks

VINNY VUCAGO  |  THURSDAY, 21 MAY 2026
APRA has intensified its supervision of superannuation trustees, insurers and banks as geopolitical instability, rapid artificial intelligence (AI) adoption and growing complexity in global markets reshape the financial risk environment. In its latest ...

CFS plots 'largest' retirement product expansion with new alliance

MATTHEW WAI  |  WEDNESDAY, 20 MAY 2026
... provides eligible participants the ability to purchase a guaranteed income stream for retirement payable by third-party insurers selected by BlackRock. The rollout will begin with the introduction of the Retirement Income Optimiser on the FirstChoice ...

CALI calls for government to help fund CSLR

MATTHEW WAI  |  WEDNESDAY, 20 MAY 2026
The Council of Australian Life Insurers (CALI) is calling on the government to help fund the burgeoning Compensation Scheme of Last Resort (CSLR) to stop putting "undue" pressure on Australia's risk advisers. The government has announced the shared ...

Super funds can drive member engagement through insurance: TAL

VINNY VUCAGO  |  MONDAY, 11 MAY 2026
... default cover and 77% for members who had tailored their insurance to suit their circumstances. The findings comes as insurers and super funds face increasing pressure to improve member engagement amid rising living costs and greater scrutiny of insurance ...

Income support system cannot handle claims surge: CALI

VINNY VUCAGO  |  WEDNESDAY, 6 MAY 2026
... illness or injury, particularly mental health conditions. New research commissioned by the Council of Australian Life Insurers (CALI) and prepared by SuperFriend demonstrates around 8.5 million Australians accessed some form of income support in the ...

Cbus members to see 46% increase in insurance fees

ELIZA BAVIN  |  MONDAY, 4 MAY 2026
... insurance costs across the industry are contributing to that pressure," the spokesperson said. "Across all super funds and insurers, claims are rising and so are costs, but Cbus members know if they make a claim in a time of need, we will be there for ...