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Showing 41 - 50 of 865 results for "Code"

Public feedback welcomed for Life Code improvements

MATTHEW WAI  |  MONDAY, 20 OCT 2025
The independent review of the Life Insurance Code of Practice (Life Code) has released a consultation paper, setting out key questions to stakeholders and the public on how the Life Code can improve consumer benefits and insurers' conduct. The review ...

Insurers design framework for dealing with mental health claims

MATTHEW WAI  |  MONDAY, 13 OCT 2025
... cover with these practices better. The work will run in parallel with the current independent review of the Life Insurance Code of Practice (Life Code) led by Peter Kell, which is due to conclude on 30 June 2026. Cupitt said life insurers have a responsibility ...

Platinum LIC turns down WAM bid

KARREN VERGARA  |  FRIDAY, 3 OCT 2025
... to manage PMC's investments using the strategy used by its WAM Global strategy, an ASX-listed LIC trading under ticker code WGB. PMC has funds under management of about $456.5 million, investing in global companies from various industries by providing ...

Explosive rise in claims drives new TPD solution for Acenda

MATTHEW WAI  |  TUESDAY, 30 SEP 2025
... have ballooned to over $2.2 billion in the past year, positioning mental health as the leading cause of TPD claims. The Life Code Compliance Committee has also found that many insurers are currently using blanket mental health exclusions, rather than ...

RBA says ASX has 'considerable work to do'

ELIZA BAVIN  |  THURSDAY, 25 SEP 2025
... she said should help address concerns over operational risk. "We have already completed several key items, such as fixing code and increasing memory, that will improve the resilience of the core system. And we are now progressing plans for various workarounds ...

Platinum shareholders greenlight L1 Capital merger

KARREN VERGARA  |  TUESDAY, 23 SEP 2025
... Short funds and mandates. The two parties will go ahead with being known as L1 Group Limited and trade under a new ticker code 'L1G' on the ASX. The products will retain their existing brands. Addressing the EGM, Platinum chair Guy Strapp said ...

Platinum pushes for L1 Capital merger ahead of EGM

RIDDHIMA TALWANI  |  FRIDAY, 19 SEP 2025
... billion. After the merger, Platinum would be rebranded to L1 Group and would remain listed on the ASX with a new L1G ticker code. "All in all, 2025 was a challenging year but culminated in the opportunity to advance Platinum's reset plan and reposition ...

Insurers' approaches reinforcing mental health stigma: Life CCC

MATTHEW WAI  |  TUESDAY, 16 SEP 2025
The Life Insurance Code Compliance Committee (Life CCC) has found many insurers are still using blanket mental health exclusions despite being required to assess customers' individual circumstances. Releasing its report on life insurers' compliance ...

ANZ fined $240m for bond trading, retail misconduct

KARREN VERGARA  |  MONDAY, 15 SEP 2025
... processes issue in 2022, and took over a year to resolve it. In July 2024, ANZ was sanctioned for breaches of the Banking Code of Practice by the Banking Code Compliance Committee. Some 18,900 customer accounts have been remediated $3.8 million for fees ...

Platinum banks on merger positives amid dismal FY25 result

JAMIE WILLIAMSON  |  THURSDAY, 28 AUG 2025
... Capital is approved by shareholders at the vote on September 22. It will remain listed on the ASX, under a new L1G ticker code, and have a combined $16.5 billion. The update came alongside a lacklustre set of financials, including a 31% drop in adjusted ...