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Showing 861 - 870 of 2425 results for "Claims"

Chief economist update: RBA refused to blink in May

BENJAMIN ONG  |  WEDNESDAY, 8 MAY 2019
... upcoming meetings". It's the labour market, stupid of me. To be sure, "the labour market remains strong" as the RBA claims in its May statement. The annual growth in employment has risen to 2.4% in the year to March 2019 from 1.7% when it last reduced ...

Financial advice drags BTFG results

KARREN VERGARA  |  MONDAY, 6 MAY 2019
... million lower than the second half of 2018. The decline was due to the exit of Hastings ($180m), higher general insurance claims for major weather events ($66m), lower margins from the decision to reprice certain platform fees ($8m) and discontinuing ...

Westpac profits down 24%, dividend flat

KANIKA SOOD  |  MONDAY, 6 MAY 2019
... reported a loss of $305 million. This excludes major remediation and restructuring items ($620 million after tax), insurance claims and margin pressure related to platform repricing and grandfathered commissions. Consumer bank earnings were down 11% ...

Industry fund awards group insurance mandate

KARREN VERGARA  |  FRIDAY, 3 MAY 2019
... recent years, Rest has worked with AIA Australia to simplify insurance policy wording and rules, as well as streamline the claims process. "We will be working closely with TAL, AIA Australia and our administrator Australian Administration Services to ...

Super startup to relaunch

HARRISON WORLEY  |  TUESDAY, 30 APR 2019
... Financial - the promoter of FairVine - being a corporate authorised representative of its AFSL. FairVine's website claims the fund asked women about their spending and saving habits, as well as what they believe will help them close the superannuation ...

MLC Life Insurance reviews terms and definitions

KARREN VERGARA  |  FRIDAY, 26 APR 2019
... definition for SRA was upgraded on 30 June 2017 and at the time MLC advised this definition would apply only to future claims and not to claims resulting from SRA that occurred before 30 June 2017. It will now apply the new definition effective from ...

Chief economist update: The Fed pause that refreshes

BENJAMIN ONG  |  WEDNESDAY, 24 APR 2019
... March US Manufacturing Growth Holds Steady at Near 2-Year Low US Retail Sales Post Biggest Gain in 1-1/2 Years US Jobless Claims Drop to Fresh Low since 1969 US March Budget Gap Smaller than Expected What immediately came to my balding head was... will ...

Insurance expert joins $33bn super fund

KARREN VERGARA  |  TUESDAY, 23 APR 2019
... Australia and National Mutual. IFS Insurance Solutions provides consultation services on insurance, brokerage services and claims advocacy. This includes group risk insurance, general insurance and group income protection. According to Rainmaker analysis ...

AFCA changes could impact PI cover cost: FPA

HARRISON WORLEY  |  TUESDAY, 23 APR 2019
... Association of Australia is urging AFCA immediately consider and investigate the potential impact of its proposed legacy claims rule on professional indemnity insurance, with fears the cost of PI cover may rise. The FPA is concerned planners may not ...

CBA owes staff $15 million

ELIZABETH MCARTHUR  |  THURSDAY, 18 APR 2019
... Thousands of current and former employees of CBA and BankWest have been underpaid due to accounting and IT errors, the bank claims. FSU national secretary Julia Angrisano said: "Bank workers at CBA have been underpaid for several years and once full ...