Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 551 - 560 of 2469 results for "Claims"

Long way for super complaints overhaul

KANIKA SOOD  |  THURSDAY, 20 MAY 2021
... Corporations Act. ASIC will also consider complaints on social media, objections to death benefit recipients and insurance claims handling processes. All complaints must be responded to in 45 days. Speaking at the Conference of Major Superannuation Funds ...

Life insurers getting into rehab concerning: SCA

KANIKA SOOD  |  TUESDAY, 18 MAY 2021
... help, but two key concerns remained. "Obviously there is a financial incentive as well in terms of being able to reduce the claims level," he said. "...We want to make sure that no we're not just doubling up on a bunch of... health insurance." O'Halloran ...

PPS Mutual launches member offer

ANNABELLE DICKSON  |  MONDAY, 17 MAY 2021
... Cover amounts higher these would be subject to a full application and underwriting. PPS Mutual head of underwriting and claims management Marcello Bertasso said the offer is the latest commitment to improving and innovating PPS Mutual member experience. ...

ASIC to wind up PE Capital

ELIZABETH MCARTHUR  |  FRIDAY, 14 MAY 2021
... authority to issue information memorandums for unregistered schemes and special purpose vehicle trusts. On top of that, ASIC claims PE Capital made misleading and deceptive statements in product disclosure statements. ASIC wants the Federal Court to ...

ASIC cracks down on investment guru

ELIZABETH MCARTHUR  |  TUESDAY, 11 MAY 2021
... Institute, which provides webinars and online courses focused on property investing and safeguarding wealth. She is a lawyer and claims to have bought, sold or held "multi-million dollars worth of real estate". "Having provided legal financial services ...

Statewide not contesting ASIC allegations

KANIKA SOOD  |  MONDAY, 10 MAY 2021
... correspondence with members for about three years between May 2017 and June 2020. Statewide filed its response to ASIC's claims on May 7. "In the circumstances, Statewide Super considers that your interests, as a member, are best advanced by not contesting ...

MLC Life hires general manager

KARREN VERGARA  |  TUESDAY, 4 MAY 2021
... she oversaw the commercial performance of the retail and direct businesses. Her career to date spans customer retention, claims and underwriting insights, pricing, analytics and portfolio management, working at firms that include Commonwealth Bank, RGA ...

Advisers to go forth with claims handling

ANNABELLE DICKSON  |  MONDAY, 26 APR 2021
... Financial Advisers (AFA) has welcomed the government's regulation that will exempt advisers from varying their AFSL to provide claims handling, following a submission outlining issues. The government passed Financial Sector Reform (Hayne Royal Commission ...

Latitude IPOs despite spotted past

ELIZABETH MCARTHUR  |  WEDNESDAY, 21 APR 2021
... General Insurance, part of the Latitude Group) had to refund $1.1 million for poor consumer credit insurance sales and claims handling. Add-on insurance on credit cards and loans has remained an issue for the company. In 2020 Harvey Norman and Latitude ...

Life industry to launch framework

ANNABELLE DICKSON  |  WEDNESDAY, 21 APR 2021
The life insurance industry is developing a Professional Standards Framework for all claims and underwriting professionals, with support from the Australian and New Zealand Institute of Insurance and Finance (ANZIIF). The framework is being developed ...