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Showing 41 - 50 of 151 results for "Parliamentary Joint Committee"

ASIC adds life insurance to school curriculums

KARREN VERGARA AND JAMIE WILLIAMSON  |  THURSDAY, 28 SEP 2017
... classroom materials around Australia, ASIC deputy chair Peter Kell told the recent life insurance Parliamentary Joint Committee on Corporations and Financial Services. There tends to be a focus on educating students on general insurance products such ...

Group insurance inaction is "robbery": Inquiry

KARREN VERGARA  |  FRIDAY, 8 SEP 2017
... premiums is equivalent to theft, according to today's life insurance parliamentary inquiry. Senate Parliamentary Joint Committee on Corporations and Financial Services chair Steve Irons said the responsibility shouldn't fall solely on the individual ...

Complex operations leaving life customers confused

KARREN VERGARA  |  FRIDAY, 18 AUG 2017
... public hearing found. TAL group chief executive and managing director Brett Clark told the Senate Parliamentary Joint Committee on Corporations and Financial Services today how frustrating it is to modernise an industry that's facing greater legislative ...

Ripoll to help victims of rogue advice

JAMIE WILLIAMSON  |  MONDAY, 14 AUG 2017
... superannuation funds (SMSFs) and borrow money to buy off-the-plan property. Ripoll, who chaired the parliamentary joint committee on corporations and financial services, said the issue of remediating bad advice has been a passion of his for many years. ...

Life insurance industry rebuts need for greater reform

JAMIE WILLIAMSON  |  MONDAY, 6 MAR 2017
Some of the financial services industry's biggest players fronted the Parliamentary Joint Committee inquiry into life insurance on Friday. Financial Services Council chief executive Sally Loane faced the panel first, telling the Committee that any further ...

Landmark advice reforms pass Senate

EMMA RAPAPORT  |  FRIDAY, 10 FEB 2017
... concerns and creates certainty for members when discussing and recommending life insurance." The Parliamentary Joint Committee hearing into Life Insurance is due for report on 30 June 2017, offering individuals the chance to identify widespread issues ...

Insurance in super must be maintained: AIA

JAMIE WILLIAMSON  |  WEDNESDAY, 21 DEC 2016
... results for individuals, their families and the entire Australian community. In its submission to the Parliamentary Joint Committee on Corporations and Financial Services, AIA said life insurance inside superannuation plays a massive role in helping ...

Group insurance critical: FSC

KERRIE SYDEE  |  THURSDAY, 8 DEC 2016
... out of 10 working Australians cover they wouldn't necessarily otherwise have. Submitting to the Parliamentary Joint Committee inquiry into life insurance, the Financial Services Council highlighted the role superannuation plays in providing an affordable ...

Life insurance legacy faces more scrutiny

DARREN SNYDER  |  THURSDAY, 1 DEC 2016
... processes are more capable of meeting community and policyholder expectations." APRA's submission to the Parliamentary Joint Committee on Corporations and Financial Services' inquiry into the life insurance industry also highlights sustainability as ...

Court blocks IOOF class action

JAMIE WILLIAMSON  |  MONDAY, 31 OCT 2016
... change." Since the allegations came to light, IOOF has been the subject of inquiries from both the Parliamentary Joint Committee on Corporations and Financial Services and ASIC, with ASIC's review resulting in IOOF appointing PricewaterhouseCoopers to ...