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Showing 51 - 60 of 4148 results for %22Insurance Australia%22

Mercer Super loses state leaders

ELIZABETH FRY  |  FRIDAY, 19 JAN 2024
... changes. Also, Mercer Super investment chief Corrin Collocott quit the firm after just nine months to join Insurance Australia Group. Carr's previous role as state leader meant spending a large portion of his time with clients, and he sees a role ...

Legalsuper investment strategy lead departs

ELIZABETH FRY  |  FRIDAY, 19 JAN 2024
... moving to Mercer Investment Consulting's Melbourne office as an investment analyst. She worked at Catholic Church Insurance as a senior investment analyst and has also held roles as a consultant at DST Global Solutions. From 2015 she spent four years ...

Inflation eases to 4.3%

KARREN VERGARA  |  WEDNESDAY, 10 JAN 2024
... Bureau of Statistics (ABS) found that the rising costs of housing (up 6.6%), food and non-alcoholic beverages (up 4.6%), insurance and financial services (up 8.8%), and alcohol and tobacco (up 6.4%) were the main drivers of the annual increase. "CPI ...

AFCA reports unprecedented complaint spike

ANDREW MCKEAN  |  TUESDAY, 9 JAN 2024
... significantly higher." Though there were also rises in complaints about other financial products including banking and finance, insurance, investments and advice, and superannuation. "We need to see a downward trend in complaints overall, with financial ...

CSLR estimates $241m to fund backlog of complaints

JAMIE WILLIAMSON  |  TUESDAY, 9 JAN 2024
... determine the levy for relevant firms and begin collecting it. This first levy is to be paid by the 10 largest banking and insurance groups based on income reported to the ATO in FY2021-22, with a first instalment expected to be paid within 30 days of ...

AFCA amends consumer compensation caps

KARREN VERGARA  |  TUESDAY, 9 JAN 2024
... consumers or small businesses who make a complaint about products or services relating to banking and finance, general insurance, life insurance, and investments and advice. The limits, however, do not apply to superannuation complaints. For income streams ...

Zurich cleared by Federal Court in life insurance dispute

ANDREW MCKEAN  |  MONDAY, 8 JAN 2024
... avoidance of an income protection policy. The case marks ASIC's first attempt to impose a civil penalty under s13 of the Insurance Contracts Act 1984 (Cth), a section that mandates insurers uphold the duty to act with utmost good faith. In 2018, OnePath ...

ASIC, APRA slam premium hikes

KARREN VERGARA  |  FRIDAY, 15 DEC 2023
... they said. Radar Results chief executive John Birt is astounded at such brazen practices. "... I understand most insurance companies regularly increase base rates. You have to wonder why: price gauging or just because they can," he said. "If the policy ...

AMP revamps Jigsaw Advice Solutions

JAMIE WILLIAMSON  |  THURSDAY, 14 DEC 2023
... can also access a buyer's agent referral service, as well as a debt advice solution. Professional indemnity and cyber insurance is also available. In crafting the offering, AMP has partnered with a variety of service providers, including Frollo, law ...

Young investors fall prey to bad social media advice

KARREN VERGARA  |  WEDNESDAY, 13 DEC 2023
... online or on social media that ended up being misleading or factually incorrect, a new survey reveals. According to US insurance and financial services firm Nationwide, investors aged 15 to 54 years old tend to trust advice generated by social media ...