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Showing 61 - 70 of 95 results for %22Life Insurance Code of Practice%22

Planners divided on mental health advice

JAMIE WILLIAMSON  |  MONDAY, 13 NOV 2017
... financial advisers and the content now exceeds the minimum standards set by the Financial Services Council's Life Insurance Code. Originally designed for consumer-facing insurance staff, the refresh aims to assist advisers in having challenging conversations ...

Genetics will test life insurance sector

JAMIE WILLIAMSON  |  THURSDAY, 26 OCT 2017
... testing and life insurance is unique, with local life companies abiding by the Financial Services Council's life insurance code of practice. This prohibits them from requiring applicants to take a genetic test and stops insurers discriminating against ...

TAL equips advisers with cancer education

KARREN VERGARA  |  WEDNESDAY, 13 SEP 2017
... definition requirements at claims time will also be explained, along with minimum definitions as set out by the Life Insurance Code of Practice. The one-hour long webinar carries one CPD point accredited via the Association of Financial Advisers (AFA) ...

Group insurance inaction is "robbery": Inquiry

KARREN VERGARA  |  FRIDAY, 8 SEP 2017
... past hearings, the Committee has expressed its concerns over the limits of the Financial Services Council Life Insurance Code of Practice which doesn't cover group insurance. CommInsure, an FSC member, has adopted the code. AMP appeared at the last hearing ...

Life insurer surpasses code of conduct

KARREN VERGARA  |  THURSDAY, 10 AUG 2017
TAL is going above and beyond the minimum requirements of the life insurance code of conduct and calling others in the industry to follow suit. The life insurer is applying the code's minimum medical definitions for cancer, heart attack and stroke in ...

Insurers held to account with new FSC code

ALEX BURKE  |  MONDAY, 3 JUL 2017
The Financial Services Council rolled out its Life Insurance Code of Practice, along with a new set of standardised medical definitions, on July 1. The new definitions for cancer, heart attack and stroke in trauma and critical illness policies were ...

Life insurance claims handling must improve: ISWG

JAMIE WILLIAMSON  |  FRIDAY, 7 APR 2017
... complexity around claims handling. Releasing the second of its discussion papers around the development of the Life Insurance Code of Practice for superannuation trustees, the Group states that claimants become entwined with a group of stakeholders with ...

Life code needs work: ASIC

ALEX BURKE  |  THURSDAY, 30 MAR 2017
The Life Insurance Code of Practice should be expanded, according to ASIC deputy chair Peter Kell. Speaking on a panel at the 2017 Financial Services Council Life Insurance Conference in Sydney, Kell said that there is still "an enormous amount to be ...

Super industry accepts group insurance needs work

DARREN SNYDER  |  THURSDAY, 9 MAR 2017
... industry groups recognise there is work to be done to reduce the erosion of member account balances through group life insurance. This recognition comes from the newly-formed Insurance in Superannuation Working Group (ISWG), which has an overall aim ...

AFA chief executive steps down

DARREN SNYDER  |  TUESDAY, 7 MAR 2017
... the advice industry. Under his leadership the industry traversed FoFA, MySuper, professional standards and the Life Insurance Framework. AFA national president Marc Bineham said: "Brad has made an outstanding contribution to our profession and to the ...