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| | | ... Investments are likely to also suffer, while insurers SunCorp, Insurance Australia and QBE may be impacted by an increase in claims. The report also suggests implications for Orica, Graincorp, Boral, BHP, Whitehaven Coal, Caltex, Viva Energy, Spark Infrastructure ... |
| | | | New Industry Super Australia research claims to show plans to make superannuation optional for low-income workers is nothing more than a tax grab. According to ISA's latest analysis, low-income workers in New South Wales who chose to take their superannuation ... |
| | | | ... insurance company would actually pay out. But, ASIC data shows on life policies bought through financial advisers 96% of death claims are paid out, 95% of income protection claims and 87% of total and permanent disability claims. |
| | | | ... undertaken by the ANU - and included as part of the university's submission to the government's retirement income review - which claims the appropriate level of SG can "differ substantially across members". In the new paper - The 'Right' Level for the ... |
| | | | ... poor consumer outcomes and increased operational risk for insurers." The inappropriate sale of life insurance and poor claims handling practices were also highlighted as issues. However, despite the issues APRA noted that life insurers broadly finished ... |
| | | | ... litigation charge weighed on profit causing a 22% decline in earnings. The 1MDB scandal has been ongoing since 2016, with claims of embezzlement and money laundering with the bank under scrutiny for its role in raising money for the Malaysian government ... |
| | | | ... defraud, after he made enquiries about one of the vehicles that the fund was invested in. The court threw out the police's claims early in 2019. Brown was fully supported by NASFUND through the events, Clearview said in an ASX statement at the time. ... |
| | | | ... the dropdown cover will be eroded until the fires are completely over. Suncorp has received over 2600 bushfire-related claims, with a total cost of between $315 million and $345 million. IAG has also taken a massive hit from the bushfires, having already ... |
| | | | ... for how exactly the websites would generate income is unclear, however, there is still evidence on Courtright's site of claims that websites could generate ongoing income. A Reddit user reported investing $100,000 through The Income Store and being promised ... |
| | | | The Financial Planning Association of Australia said in a submission to Treasury that it supports bringing insurance claims handling under the definition of financial services. The submission, in response to Treasury's exposure draft legislation and ... |
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