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

Search Results

Showing 651 - 660 of 2424 results for "Claims"

OneVue scores admin mandate

KANIKA SOOD  |  MONDAY, 29 JUN 2020
... proceeds, where the Federal Court on June 17 extended the deadline for submission of supporting materials for the creditors' claims to July 24. The matter will return to court on August 21. Meanwhile, OneVue's major shareholders Alex Waislitz's Thorney ...

German fintech goes bust, $2.9bn gone

ELIZA BAVIN  |  FRIDAY, 26 JUN 2020
... Braun has been released on €5 million bail, and has denied any wrongdoing. The company's auditor, Ernst & Young GMBH, claims it was given false statements related to trust accounts while completing its 2019 audit. "There are clear indications that ...

Industry fund ups insurance premiums

HARRISON WORLEY  |  THURSDAY, 25 JUN 2020
... the cost of its death and total and permanent disablement unitised cover as it tries to manage the tension between more claims and less insured members of the fund. This week ACSRF told members that in order to continue offering a sustainable and equitable ...

Pendal adds SRI lense to multi-asset fund

HARRISON WORLEY  |  WEDNESDAY, 24 JUN 2020
Pendal has increased the consideration of sustainability factors in its multi-asset target return fund, in what it claims is an Australian first. The global investment manager has introduced a new set of screens to its $189 million multi-asset target ...

Fixed income investors get new ESG rating

HARRISON WORLEY  |  TUESDAY, 23 JUN 2020
... responsible investment manager Insight Investment has introduced a new ESG risk rating for fixed income products, which it claims covers around 95% of companies in global investment grade indices. The firm's new ESG risk rating tool provides the firm's ...

Life insurers fork out more for mental health

HARRISON WORLEY  |  MONDAY, 22 JUN 2020
Life insurers are continuing to pay out more for mental health related claims, as Australians take longer to return to work, according to new analysis. The latest edition of KPMG and the Financial Services Council's five year study on life insurance ...

ATO cracks down on ERS misuse

ELIZA BAVIN  |  MONDAY, 22 JUN 2020
... paid. "Our compliance approach is based on ensuring that people have not exploited the measure. Where we have concerns that claims were not genuine we will review them." The taxation office listed a number of behaviours it considers suspicious including ...

IFM adds to leadership

HARRISON WORLEY  |  FRIDAY, 19 JUN 2020
... also the co-author of three volumes on global pension system design. Separately, the fund manager recently hit back at the claims of a conflict of interest within its business and the demand for an APRA investigation into industry funds by Standing Economics ...

ASIC warns funds to clean up adverts

KANIKA SOOD  |  TUESDAY, 16 JUN 2020
... asked 13 managed funds to fix their advertising, and is threatening the wider sector with enforcement action for misleading claims. ASIC says it forced seven responsible entities and 13 funds with a total of $2.5 billion in assets to take "corrective ...

Sargon liquidators in talks with litigation funder

KANIKA SOOD  |  MONDAY, 15 JUN 2020
... payouts) to Sargon's creditors. The proceeds will allow the liquidators to examine Sargon's transactions, potential legal claims (including the insolvent trading claim already identified) and the interview current and past directors.