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Showing 41 - 50 of 50 results for "Life Insurance Code of Practice"

Life insurance claims handling must improve: ISWG

JAMIE WILLIAMSON  |  FRIDAY, 7 APR 2017
... around claims handling. Releasing the second of its discussion papers around the development of the Life Insurance Code of Practice for superannuation trustees, the Group states that claimants become entwined with a group of stakeholders with differing ...

Life code needs work: ASIC

ALEX BURKE  |  THURSDAY, 30 MAR 2017
The Life Insurance Code of Practice should be expanded, according to ASIC deputy chair Peter Kell. Speaking on a panel at the 2017 Financial Services Council Life Insurance Conference in Sydney, Kell said that there is still "an enormous amount to be ...

New life insurance standards for super

KERRIE SYDEE  |  THURSDAY, 3 NOV 2016
... Intent, outcomes from a roundtable of key stakeholders held in Canberra on 10 October and the Life Insurance Code of Practice.

New life code could go further: lawyer

JAMIE WILLIAMSON  |  WEDNESDAY, 12 OCT 2016
Prominent legal firm Slater and Gordon believes the Life Insurance Code of Practice is a missed opportunity to fix serious systemic problems in the industry. Several life insurers welcomed the Code issued by the Financial Services Council (FSC) yesterday ...

Life Insurance Code targets self-regulation

MARK SMITH  |  TUESDAY, 11 OCT 2016
... to sanction insurers who do not comply with a new set of standards laid out in an industry-wide Life Insurance Code of Practice produced by the Financial Services Council (FSC). The new code, released today, goes beyond what is required by law, mandating ...

Industry bodies united on group insurance

JAMIE WILLIAMSON  |  MONDAY, 10 OCT 2016
On the eve of the Financial Services Council publishing its Life Insurance Code of Practice, industry bodies have collectively reinforced their beliefs on the purpose of group insurance in superannuation. The Association of Superannuation Funds of Australia ...

Mark Dunsford attacks FSC over life reforms

JAMIE WILLIAMSON  |  THURSDAY, 1 SEP 2016
... provide an appropriate transition over two years." The FSC has also recently released its draft Life Insurance Code of Practice for public consultation. The code considers all life insurance services and policy types, including TPD, trauma, disability ...

FEATURE: Where next for risk advice?

ALEX BURKE  |  TUESDAY, 28 APR 2015
... providers on its APL; that licensees and advisers address cultural barriers to reform; and that a Life Insurance Code of Practice is developed, modelled on the General Insurance Code of Practice. The report follows on with four implementation recommendations ...

Frydenberg sets fuse on Trowbridge time bomb

MARK SMITH  |  WEDNESDAY, 15 APR 2015
... non-commission benefits, the inclusion of more providers on approved product lists and introducing a Life Insurance Code of Practice. "I think these are all really worthy of consideration," said Frydenberg. "My preference is that it is the industry and ...

Trowbridge releases final report

ALEX BURKE  |  THURSDAY, 26 MAR 2015
... providers on its APL; that licensees and advisers address cultural barriers to reform; and that a Life Insurance Code of Practice is developed, modelled on the General Insurance Code of Practice. The report follows on with four implementation recommendations ...
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