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|... Council was also concerned about the best-in-show list and its potential unintended consequences. FSC chief executive Sally Loane said the list could create a "monolithic concentration of funds, stifle competition and create huge barriers for innovative ...|
|... an adverse genetic test result. The moratorium is expected to be in place until 30 June 2024. FSC chief executive Sally Loane said the arrangement will be similar to the UK, whereby Australians will have the option to disclose favourable genetic test ...|
|... having to disclose an adverse genetic test result, FSC senior policy manager Nick Kirwan said. FSC chief executive Sally Loane said the ultimate goal is for the code to be registered with ASIC. The code is enforced by the AFCA-administered independent ...|
|... part of insurance applications on 1 July 2019. It is expected to be in place until 30 June 2024. FSC chief executive Sally Loane said similar to the UK, Australians will have the option to disclose favourable genetic test results but not adverse ones ...|
|... insurers to fund a range of treatments to help sick and injured people return to wellness sooner," FSC chief executive Sally Loane said. The PJC has instead focused on "cultural issues within the life insurance industry" rather than considering consumers ...|
|... that led to some deplorable outcomes for many consumers and a transformation is long overdue," FSC chief executive Sally Loane said. "I thank Commissioner Hayne for a robust and thorough report which deserves time to be properly considered and absorbed. ...|
|... boards and senior executives to address these "significant failings." Financial Services Council chief executive Sally Loane said financial institutions more than ever need to embrace a sense of urgency to respond to incidents so consumers can have wrongs ...|
|Financial Services Council (FSC) chief executive Sally Loane equated removing the carve out of life insurance claim handling in the Corporations Act to using "a sledgehammer to crack a nut." Appearing before the financial services Royal Commission on ...|
|... we will continue to work with ASIC as it responds to the report." The Financial Services Council chief executive Sally Loane commented its members have invested considerable time and resources to comply with the disclosure requirements in RG97.|
|... multi-million-dollar data project that will aggregate and distribute life insurance industry data. FSC chief executive Sally Loane announced the project's delivery in Melbourne today, the culmination of two years' work with APRA and ASIC. "For ...|
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Pendal Group has made year-long fee cuts on two funds, as it sees the Reserve Bank of Australia holding the cash rate at the record-low of 0.25%.
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Standard & Poor's has downgraded AMP Limited's credit rating from BBB+ to BBB, with all AMP Group entities on CreditWatch with negative implications.
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ME Bank chief executive Jamie McPhee has resigned after weathering scrutiny over the bank's adjusting of redraw facilities for mortgage customers and its relationship with the industry funds that own it.
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At a time when many Australians are engaging directly with their superannuation fund for the first time, member satisfaction appears mixed, with two separate surveys producing some opposing views.
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