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Showing 531 - 540 of 1246 results for "Insurers"

Robert slates industry over inactive accounts

HARRISON WORLEY  |  THURSDAY, 21 MAR 2019
... life insurance premiums. But Robert questioned why the industry failed to deal with the issue, pointing out many life insurers would have knowingly charged significant premiums to inactive accounts. "We got to the point where [there were] 28 million ...

UK to introduce new pension scheme

KANIKA SOOD  |  TUESDAY, 19 MAR 2019
... Royal Mail. It was finally approved yesterday after a consultation with the 70 stakeholders, including pensions industry, insurers and other bodies. "Many of the more than 70 contributors to the consultation on CDCs urged the government to make the new ...

FSC to enact binding standard on genetic testing

ELIZABETH MCARTHUR  |  TUESDAY, 19 MAR 2019
... in comprehensible English and ASIC approval was needed. Instead, the FSC will enact a binding standard limiting life insurers use of genetic testing from July. The new standard will apply to all 22 life insurer members of the FSC, covering every individually ...

RBA issues stern climate change warning

ELIZABETH MCARTHUR  |  MONDAY, 18 MAR 2019
... "Challenges for financial stability may arise from both the physical and transition risks of climate change. "For example, insurers may face large, unanticipated payouts because of climate change-related property damage and business losses. In some cases ...

TAL goes back-to-back at AFA awards

HARRISON WORLEY  |  MONDAY, 18 MAR 2019
... OnePath (Claims) and Zurich (BDM/Business Support). Beddoes Institute director Rebecca Shields said the awards help life insurers lift their level of service and expertise to deliver better outcomes and experiences for advisers and their clients. "It ...

New life insurer is RC good news story

HARRISON WORLEY  |  THURSDAY, 7 MAR 2019
... managing director Chris Powell said the firm was well positioned to take advantage of the scrutiny placed on existing life insurers, by building a new entrant without the "legacy issues" many of its competitors face. "I think that in becoming the first ...

Risk advice a hard sell: Research

KARREN VERGARA  |  THURSDAY, 7 MAR 2019
... Life Insurance Framework reforms, Bailey said collaboration between regulators, policymakers, financial advisers and insurers is essential to ensure the review will help determine the choices consumers have in accessing expert help with life insurance ...

Consultation opens for claim handling changes

HARRISON WORLEY  |  MONDAY, 4 MAR 2019
... change would allow ASIC to enforce a higher standard of behaviour ensuring consumers could expect the same standard from insurers handling claims as the can from all financial service providers. Despite supporting the recommendation, the Government has ...

Infrastructure fund plans SMSF raise

KANIKA SOOD  |  MONDAY, 25 FEB 2019
... portfolios. Unlisted infrastructure asset funds have been traditionally been the domain of large superannuation funds and life insurers, as most smaller investors fail to meet the minimums. IPIFM has a target return of 7.7% p.a. over a three-year period. ...

Clearview overhauls life insurance premiums

KARREN VERGARA  |  WEDNESDAY, 20 FEB 2019
... take place within structures and systems which do not ensure compliance with the law" has enabled Clearview and other insurers to conduct business in this manner in the past.