Search Results | Showing 31 - 40 of 95 results for %22Life Insurance Code of Practice%22 |
| | The Financial Services Council has released a new draft life insurance code of practice that makes 30 changes to the code in place since 2017. The second iteration of the code aims to lift the standards in product design, sales, underwriting, customer ... |
| | | ... Finance (ANZIIF) chief executive Prue Willsford commends the steps the industry has taken to establish the Life Insurance Code of Practice. Willsford, who previously worked with the FSC and industry stakeholders to introduce fee disclosure in prospectuses ... |
| | | ... Voluntary Code of Practice is sufficient to protect the interests of fund members. Further, they asked if the Life Insurance Code of Practice should be extended to update medical definitions be extended to products other than on-sale products. The Corporations ... |
| | | ... final day of its Round Six hearings into insurance, Loane said the FSC would like the second iteration 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 ... |
| | | ... voluntary code of practice nine months ago. Over 2017-18, ASIC reviewed 47 superannuation trustees, which included 11 life insurance providers. From the outset, there was "a very high level of variation" in TPD definitions used in the insurance products ... |
| | | ... that led to poor consumers outcomes. In response to the report ASIC handed down yesterday, the FSC said its Life Insurance Code of Practice has "lifted the bar" in the industry but concedes "there is still room for improvement." The FSC rolled out the ... |
| | | ... According to the Commission, the sixth round of hearings will consider issues associated with the sale and design of life insurance products, in addition to the handling of claims under life insurance and general insurance policies. The administration ... |
| | | ... the last five years. Further, KPMG forecasts public trust will be an ongoing issue and additions to the 2017 Life Insurance Code of Practice will be made. |
| | | ... thanked the chief executives of insurance groups that are also members of the FSC. Superannuation funds added to Life Insurance Code of Practice The FSC has also added the Insurance in Superannuation Voluntary Code of Practice as a stand-alone chapter ... |
| | | ... bring a wealth of experience to the role. With more than 25 years' experience in banking, wealth management and life insurance he is well qualified to perform this important leadership and advocacy role on behalf of the industry," ABA chairman Shayne ... |
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