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Showing 41 - 50 of 433 results for andrew insurance

Zurich fills newly created executive role

ANDREW MCKEAN  |  TUESDAY, 13 JUN 2023
... enterprise-wide responsibilities for all claims teams and functions across Zurich's Retail Life, Group Life, and General Insurance business segments. He will report directly to Zurich chief executive Justin Delaney. Paterson has over 20 years' industry ...

Suncorp wage scandal comes to a head

ANDREW MCKEAN  |  FRIDAY, 9 JUN 2023
... 'Rostered Employee' clause in its Enterprise Agreements. The blunder affected both current and former employees in Suncorp's insurance arm, including advisers, assessors, customer support staff, technical staff, team leaders, and management. Payment ...

Allianz Retire+ strengthens distribution team

ANDREW MCKEAN  |  MONDAY, 29 MAY 2023
... delivering retirement income solutions to their clients." Similarly, Allianz Retire+ head of distribution wealth management Andrew Stewart said: "We are excited to welcome Stephen and Natalie to the Allianz Retire+ team. Both are experienced professionals ...

HESTA pushes for gig worker super entitlements

ANDREW MCKEAN  |  MONDAY, 29 MAY 2023
... balance at retirement. ASFA also highlighted that the growth of the gig economy could have adverse implications for life insurance coverage. "... the rise of the gig economy would likely lead to an increase in the proportion of Australian workers who ...

Treasury proposes upping supervisory levies

ANDREW MCKEAN  |  FRIDAY, 26 MAY 2023
... year prior. APRA will focus on maintaining the financial and operational resilience of these institutions. The life insurance sector, including friendly societies, also saw a modest rise in levy funding, from $20 million to $20.4 million. APRA will focus ...

AFCA outlines systemic issues in wealth management

ANDREW MCKEAN  |  TUESDAY, 23 MAY 2023
... haven't lodged a formal complaint. In the superannuation sector, one identified issue concerned the provision of insurance attached to super funds. An AFCA investigation uncovered a superannuation trustee that failed to uphold its legislative obligation ...

APRA finalises rules for financial crisis readiness

ANDREW MCKEAN  |  FRIDAY, 19 MAY 2023
... to restore financial resilience or exit the industry safely, with a focus on protecting stakeholders like deposits, insurance policyholders, and superannuation fund members. Also, CPS 190 makes provisions for smaller entities, subjecting them to less ...

AustralianSuper mistake spurs call for regulatory intervention

ANDREW MCKEAN  |  MONDAY, 15 MAY 2023
... financial position they'd be in if this incident hadn't occurred. This includes refunding administration fees and insurance costs deducted from impacted members' secondary account, along with lost earnings on these amounts. However, AustralianSuper's ...

Budget delivers surplus, with a catch

ANDREW MCKEAN  |  TUESDAY, 9 MAY 2023
... spending pressures from fast-growing payment areas including in defence, health, aged care, the National Disability Insurance Scheme (NDIS) and interest payments. To address these challenges, the government said it's taking steps to "strengthen the ...

Industry funds gain ground in retirement asset battle: KPMG

ANDREW MCKEAN  |  FRIDAY, 5 MAY 2023
... to offer attractive retirement income solutions that cater to members' need for secure income, such as longevity insurance options. As a trusted source for retirement solutions, super funds can create a competitive edge by focusing on member-centric ...