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Showing 521 - 530 of 2421 results for "Claims"

LGIAsuper overhauls insurance, closes product

ELIZA BAVIN  |  MONDAY, 22 MAR 2021
... product. Having maintained its level of insurance premiums charged to members since July 2015, LGIA said an increase in claims has forced fees to increase. "Due to recent government changes to insurance in superannuation and an increasing number of insurance ...

FSC defends retail super funds

ELIZA BAVIN  |  MONDAY, 22 MAR 2021
The Financial Services Council has hit back at claims made by Industry Super Australia that retail super funds rort members out of billions of dollars. ISA made the statement back in December last year when responding to the Morrison government's announcement ...

Insider trading forum busted

ELIZABETH MCARTHUR  |  FRIDAY, 19 MAR 2021
... so, he gained access to the forum, but he was still unsuccessful in finding any material, nonpublic information. The SEC claims that Jones then devised a scheme to sell what he claimed were insider tips on the dark web. Several users paid bitcoin for ...

Life Company of the Year named

ANNABELLE DICKSON  |  THURSDAY, 18 MAR 2021
... Adviser Survey provided the research for the Underwriting Award and the BDM/Business Support Award which NEOS won and the Claims Award which went to OnePath. Beddoes Institute director Rebecca Sheils said the research findings from advisers revealed ...

AustralianSuper introduces insurance changes

KARREN VERGARA  |  WEDNESDAY, 17 MAR 2021
... uncertainty related to COVID-19 premiums are remaining fairly stable." The super fund paid over $470 million across 9800 claims in year to June 2020 to members and their families. Its acceptance rate stood at 96.5%. AustralianSuper said that it does ...

ASIC bans adviser over dodgy super consolidation

ELIZABETH MCARTHUR  |  MONDAY, 15 MAR 2021
... acted dishonestly in assisting consumers to find and consolidate their super and to obtain hardship payments. The regulator claims Bhandari told consumers to make false statements to their super fund trustees to gain early access to their super balances. ...

Former Clime chief in new role

ANNABELLE DICKSON  |  THURSDAY, 11 MAR 2021
... appoints a new chief executive. Bristow's new role comes as Clime Investment Management and Bristow are set to face court over claims of unfair dismissal made by the firm's former chief investment officer, Anthony Golowenko.

Court makes orders in ASIC versus TAL

KANIKA SOOD  |  WEDNESDAY, 10 MAR 2021
... court: that TAL engaged in false or misleading conduct in handling the consumer's claim by making representations in a claims pack that it had a right to delay processing of the consumer's claim, and to withhold benefits under the policy until ...

APRA calls out poor group insurance practices

KARREN VERGARA  |  TUESDAY, 9 MAR 2021
... participate in many tenders. Such practices are currently alive and well, according to APRA, calling out that the deteriorating claims experience is ultimately leading to poor member outcomes. "Indeed, the ongoing viability and availability of life insurance ...

Mayfair 101 wins case, questions remain

ELIZABETH MCARTHUR  |  MONDAY, 8 MAR 2021
... his complaint echoes many of ASIC's concerns about Mayfair 101. Klees found Mayfair 101 through an internet search and claims it described itself as offering a selection of investment banking-style services. Klees had made $1.25 million flipping property ...