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

Search Results

Showing 801 - 810 of 2425 results for "Claims"

Wealth income halved, Hartzer skips $1.6m bonus

HARRISON WORLEY  |  MONDAY, 4 NOV 2019
... mainly due to a reduction in wealth and insurance income from the exit of our financial planning business, higher insurance claims and the impact of regulatory changes on revenue," Hartzer said. Wealth management and insurance income fell by 50% against ...

Platform hints at aggressive expansion

ELIZABETH MCARTHUR  |  FRIDAY, 1 NOV 2019
... developing that they are putting in millions of dollars to create that ability. They then submitted research and development claims to AusIndustry, AusIndustry has in essence said they are not sure that everything that was put up is claimable," Wright ...

AFCA delivers $185m in compensation

ELIZABETH MCARTHUR  |  FRIDAY, 1 NOV 2019
... financial firm and complainant to resolve the matter among themselves. The statistics show that this happened with 70% of all claims resolved in the past 12 months." Locke said he wants to see a continued focus on helping firms to create their own internal ...

Industry fund hikes insurance premiums

JAMIE WILLIAMSON  |  WEDNESDAY, 30 OCT 2019
... will increase substantially from November 4 following a review by TAL, with the fund attributing the rise to increased claims and the Protecting Your Super reforms. A 45-year-old member with $220,000 in basic death and TPD cover will now pay 58% more ...

AMP contests senior lawyer's claims

KANIKA SOOD  |  TUESDAY, 29 OCT 2019
... health and career progression. In its 25-page defence filed in the court yesterday morning, AMP contests many of Cook's claims. Fee for no service AMP claims Cook was "only one of a number of employees" involved in the process that led to fee-for-no-service ...

Zurich secures mandate from $8b super fund

ELIZA BAVIN  |  FRIDAY, 25 OCT 2019
... engagement," Kerr said. Kerr said Zurich's was able to secure the mandate due to the company's ability to gain deep insights from claims with the use of artificial intelligence. "Our award winning claims service was also singled out as a factor in winning ...

Senior lawyer drags AMP to court

KANIKA SOOD  |  THURSDAY, 24 OCT 2019
... preparation for the Royal Commission, its work for ASIC enforcement notices and handling advice complaints and insurance claims at different points in time. In a claim filed with the Federal Court on Tuesday, she says she was bullied and harassed for ...

WiseTech short could impact super

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 OCT 2019
... amount to 178% of revenue. J Capital estimates an underlying organic growth rate for WiseTech of 10%, whereas WiseTech claims 25%. Especially suspect, according to the short seller, is the company's European revenue growth - which it alleged is overstated ...

Whistleblower calls out approved product lies

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2019
A new paper on the consumer impact of Approved Product Lists (APLs) claims institutionally-aligned Australian Financial Services Licensees (AFSLs) are funneling new clients into in-house products, potentially in breach of Best Interest Duty obligations. ...

SMSFs can meet aspirational lifestyle: Research

HARRISON WORLEY  |  TUESDAY, 22 OCT 2019
... are set to retire with enough savings to fund lavish retirement lifestyles. SMSF actuarial certificate supplier Accurium claims many retirees with self-managed super funds are set to land on a retirement windfall, with enough in savings to fund "aspirational" ...