Search Results | Showing 51 - 60 of 95 results for %22Life Insurance Code of Practice%22 |
| | ... Practice, so we had clear insight into the types of changes that would be coming in as part of the Code," he said. Sunsuper for life product members will also see a drop in TPD insurance premiums of 20%, on average. In combating the 'erosion' component ... |
| | | ... Government is prepared to take matters into its own hands because superannuation funds still aren't doing enough to stop life insurance premiums unduly eroding retirement savings. Kelly O'Dwyer expressed her frustration with the industry's inertia at ... |
| | | ... executive Sally Loane said: "Following significant change last year that saw the introduction of the first FSC Life Insurance Code of Practice, the life insurance industry continues to progress a strong consumer reform agenda in 2018." The awards recognise ... |
| | | ... these issues is challenging, and will require a concerted effort by the industry working in partnership with the life insurance industry. But it is an important step for the industry to take in the best interests of your members, and to reduce the risk ... |
| | | ... funds already adhere to a number of the code's aspects, including simple arrangements for members to opt-out of life insurance, and we have additional initiatives underway to comply with other code requirements." Pankhurst added the bank is also focused ... |
| | | ... insurance premiums that will save members $100 million over the next financial year. From May 2018, AustralianSuper and life insurance partner TAL will decrease life insurance premiums by 14% for death cover; 6% for total and permanent disability (TPD) ... |
| | | ... Financial Ombudsman Service named the chair of the committee tasked with overseeing the implementation of the Life Insurance Code of Practice. Anne Brown joins the Life Code Compliance Committee (LCCC) while also serving as a member of ASIC's markets ... |
| | | ... as claims payout ratios, pricing, and corporate strength)." The APL standard follows the FSC releasing its Life Insurance Code of Practice, along with a new set of standardised medical definitions, in July. The new definitions for cancer, heart attack ... |
| | | ... code, which operates alongside existing laws and regulations, as well as the Financial Services Council's Life Insurance Code of Practice, will come into effect on 1 July 2018. The code supports preventing account balances from unnecessary erosion by ... |
| | | ... The Insurance in Superannuation Working Group is urging superannuation trustees to sign up to its voluntary life insurance code of practice, which will come into effect 1 July 2018. To eschew account balance erosion, super trustees under the code will ... |
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