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Showing 31 - 40 of 153 results for "Joint Committee"

Life insurers should fund medical rehabilitation: MLC

KANIKA SOOD  |  MONDAY, 21 MAY 2018
... should be able to fund medical treatments for rehabilitating customers - the subject of a current Parliamentary Joint Committee - with giants like MLC Insurance and AustralianSuper batting for it while the private health insurance industry raises its ...

Royal Commission must cast net wider

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
... superannuation funds is being overlooked. Adding fuel to these calls was a February hearing of the Parliamentary Joint Committee on Corporations and Financial Services - where ASIC deputy chair Peter Kell conceded the regulator has failed to effectively ...

AFA responds to 'disappointing' PJC life insurance report

KARREN VERGARA  |  WEDNESDAY, 11 APR 2018
The Association of Financial Advisers (AFA) has slammed the Parliamentary Joint Committee's report on life insurance, highlighting several aspects as surprising, perplexing and disappointing. The AFA hit out at the PJC's assessment of the direct, group ...

Super fund redesigns insurance offering

HARRISON WORLEY  |  WEDNESDAY, 4 APR 2018
... comes as the life insurance industry faces pressure after the release of the final report by the Parliamentary Joint Committee on Corporations and Financial Services. The PJC believes in a single government-backed code administering the industry. Recent ...

PJC doubts life insurance industry can self-regulate

KARREN VERGARA  |  WEDNESDAY, 28 MAR 2018
A Parliamentary Joint Committee on life insurance said it is "not convinced" the industry can sufficiently self-regulate and is recommending the co-regulatory approach foreshadowed by ASIC. In its final report, the PJC on Corporations and Financial ...

Life insurer definitions clashing: Regulators

KARREN VERGARA  |  TUESDAY, 14 NOV 2017
... instance by insurers. Kell flagged the importance of the project as a "significant priority" to the Parliamentary Joint Committee on Corporations and Financial Services on life insurance in October. "There's a lot of work that needs to take place within ...

UBS wins pensions mandate

JAMIE WILLIAMSON  |  FRIDAY, 20 OCT 2017
... $8 million annually to the benefit of the $68 billion initiative's 900,000 members and 3000 employers. ACCESS Joint Committee chairman Andrew Reid said: "I am delighted we have started the process of pooling early with some tangible, long term savings ...

ASIC adds life insurance to school curriculums

KARREN VERGARA AND JAMIE WILLIAMSON  |  THURSDAY, 28 SEP 2017
... classroom materials around Australia, ASIC deputy chair Peter Kell told the recent life insurance Parliamentary Joint Committee on Corporations and Financial Services. There tends to be a focus on educating students on general insurance products such ...

Group insurance inaction is "robbery": Inquiry

KARREN VERGARA  |  FRIDAY, 8 SEP 2017
... premiums is equivalent to theft, according to today's life insurance parliamentary inquiry. Senate Parliamentary Joint Committee on Corporations and Financial Services chair Steve Irons said the responsibility shouldn't fall solely on the individual ...

Complex operations leaving life customers confused

KARREN VERGARA  |  FRIDAY, 18 AUG 2017
... public hearing found. TAL group chief executive and managing director Brett Clark told the Senate Parliamentary Joint Committee on Corporations and Financial Services today how frustrating it is to modernise an industry that's facing greater legislative ...