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| | | ... this morning, Commissioner Hayne said he has no regrets about how he helped reform the banking, superannuation, life insurance and financial advice industries. "One of the oddities about doing a Royal Commission is that you investigate an area, you make ... |
| | | | ... previously a business development manager at Challenger and joins with over 13 years of experience. Allianz Australia Life Insurance chief executive Adrian Stewart said: "Both Stephen and Natalie bring valuable experience within the wealth space to the ... |
| | | | ... 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 ... |
| | | | ... particularly indebted to Gary Dransfield, for his guidance and leadership over the last two years." Former Suncorp Group Insurance Australia chief executive and current ASFA chair Dransfield commented that Fahy has provided outstanding leadership "and ... |
| | | | ... 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 ... |
| | | | ... provider," the Superannuation Research Report 2022 shows. The majority (78%) want their fund to provide advice on how much insurance cover they should have, as 42% have no idea how to change their insurance inside their super. A high salary does not ... |
| | | | Sony is set to partially spin-off its financial services arm, a diversified unit operating in life insurance, banking and venture capital. Sony Financial Group Inc (SFGI), which operates in life and non-life insurance, banking, nursing care and venture ... |
| | | | ... 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 ... |
| | | | ... limit its ability to do so. "The MetLife decision has led to AFCA being unable to consider certain complaints about insurance policies held inside superannuation which it would otherwise be able to determine," Treasury said. Treasury is proposing the ... |
| | | | ... and abroad, and author of several books. In 1997, Harrison was tasked with reinventing Zurich's Australian life insurance business; it is now the third-largest life insurer in Australia, according to Plan for Life data. Most recently, Harrison served ... |
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