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

Search Results

Showing 771 - 780 of 6957 results for "Insurance"

No regrets: Hayne reflects on Royal Commission

KARREN VERGARA  |  TUESDAY, 30 MAY 2023
... 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 ...

Allianz Retire+ strengthens distribution team

ANDREW MCKEAN  |  MONDAY, 29 MAY 2023
... 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 ...

HESTA pushes for gig worker super entitlements

ANDREW MCKEAN  |  MONDAY, 29 MAY 2023
... 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 ...

Martin Fahy to step down as ASFA chief

CASSANDRA BALDINI  |  FRIDAY, 26 MAY 2023
... 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 ...

Treasury proposes upping supervisory levies

ANDREW MCKEAN  |  FRIDAY, 26 MAY 2023
... 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 ...

Super members want free advice: Survey

KARREN VERGARA  |  THURSDAY, 25 MAY 2023
... 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 to list financial services business

KARREN VERGARA  |  WEDNESDAY, 24 MAY 2023
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 ...

AFCA outlines systemic issues in wealth management

ANDREW MCKEAN  |  TUESDAY, 23 MAY 2023
... 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 ...

Treasury consults on giving AFCA more super powers

JAMIE WILLIAMSON  |  TUESDAY, 23 MAY 2023
... 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 ...

Farewell Michael Harrison

JAMIE WILLIAMSON  |  MONDAY, 22 MAY 2023
... 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 ...