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

Search Results

Showing 51 - 60 of 304 results for %22Insurance Council of Australia%22

ASX200 advance climate targets

ANNABELLE DICKSON  |  MONDAY, 19 OCT 2020
... she said. A total of 18 ASX200 companies set net-zero targets including BHP Group, Dexus, Fortescue Metals, Graincorp, Insurance Australia Group, Qantas, South32, Scentre Group, Stockland, The Star Entertainment Group, Santos, Suncorp, Vicinity Centres ...

Super industry cautious on more reform

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... also a concern that there may be individuals who find themselves uninsurable because they are stapled to a fund whose insurance does not cover their occupation," Scheerlinck said. "There is no place for underperformance in defaults but the government ...

FSC calls for scaled advice model

ALLY SELBY  |  TUESDAY, 11 AUG 2020
... COVID-19 crisis has seen a surge in demand for financial advice on issues relating to redundancies, retirement, life insurance and superannuation, the FSC said. Yet, increased costs and regulation continue to obstruct the delivery of advice. With the ...

Maurice Blackburn slams FSC

ALLY SELBY  |  MONDAY, 10 AUG 2020
... said the changes would enable insurers to only pay the medical bills of a sick worker rather than paying out an entire insurance claim. "It's deeply troubling that the FSC is seeking to re-agitate this issue at the peak of a pandemic crisis which is ...

Life insurance at tipping point: Industry leaders

ALLY SELBY  |  FRIDAY, 31 JUL 2020
Life insurance leaders have pushed for immediate and authentic change, lest current legacy business models and products hinder the growth and sustainability of the industry. Speaking at the Financial Services Council's (FSC) 2020 Life Insurance ...

Life insurance needs to prove value

ANNABELLE DICKSON  |  WEDNESDAY, 29 JUL 2020
Life insurance claims paid out billions of dollars to Australians last year. However, the industry needs to focus on creating awareness for its members as it is faced with negative sentiment, specifically around group insurance, the FSC Life Insurance ...

APRA intervention blindsided AFA, FPA taskforce

ELIZABETH MCARTHUR  |  TUESDAY, 28 JUL 2020
At the Financial Services Council Life Insurance Summit, the heads of financial advice industry associations admitted to being blindsided by APRA's intervention on individual disability income insurance. Association of Financial Advisers chief executive ...

FSC reveals life insurance data

ELIZA BAVIN  |  TUESDAY, 28 JUL 2020
... income protection for mental health reasons, according to the Financial Services Council. The FSC said it is using Life Insurance Awareness week as an opportunity to release data which reveals some of the biological differences between men and women. ...

Hume calls out ERS fake news

ELIZABETH MCARTHUR  |  MONDAY, 27 JUL 2020
At the Financial Services Council Life Insurance Summit Senator Jane Hume has said "fake news" about consumers losing life insurance due to the early release of super has irritated her. Hume said consumers would not lose life insurance policies held ...

Changes to advice incoming: Bragg

ELIZA BAVIN  |  THURSDAY, 16 JUL 2020
... home are more likely to avoid poverty in retirement. "We have a rigid system here; we give our money to super funds and insurance, and while insurance can benefit some for others it is simply a drain on their retirement savings," Bragg said. "Home ownership ...