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Showing 881 - 890 of 2425 results for "Claims"

Liquidation likely for Halifax

HARRISON WORLEY  |  FRIDAY, 15 MAR 2019
... across the group, which is about 9% of its investor funds. Corporate adviser Ferrier Hodgson said more than 12,600 investor claims and the significant volume of stocks to be realised might delay distributions for around six months. The administrator's ...

Clayton Utz finally hands AMP notes to ASIC

HARRISON WORLEY  |  MONDAY, 11 MAR 2019
... accordance with the specified timeframe and not preventing the disclosure of documents to ASIC by making inappropriate LPP claims," Crennan said. "These interruptions delay and frustrate ASIC's proper investigation. "ASIC is pleased that the documents ...

Up close and personal: Women in financial services

JAMIE WILLIAMSON  |  FRIDAY, 8 MAR 2019
... it's here she realised the difference advisers can make in people's lives, especially when it comes to insurance claims. As a result, she became qualified as a risk adviser herself. "I thought I want to be able to do this and I want to do it ...

Consultation opens for claim handling changes

HARRISON WORLEY  |  MONDAY, 4 MAR 2019
The Federal Government has opened consultation on a proposal to remove the exclusion of insurance claims handling from the definition of financial service. Industry stakeholders were worried about the unintended consequences of removing the exclusion ...

ClearView posts first half profit dip

KANIKA SOOD  |  WEDNESDAY, 27 FEB 2019
... first half. The segment's performance was down 5% in the period. ClearView attributes this to two factors: an adverse claims experience from its income protection portfolio, a 3% dip in sales and an adverse lapse experience of $2.9 million (driven ...

KPMG expands advice remediation team

HARRISON WORLEY  |  TUESDAY, 26 FEB 2019
... firm's Rhodes office. The managed services operation is expected to deliver large scale remediation, complaint handling, claims processing, service delivery and conduct risk reviews across multiple industries, KPMG's job ad said. Additional job ...

Centrepoint emerges from the red

KARREN VERGARA  |  MONDAY, 25 FEB 2019
... profit in the six months to December 2018. Operating expenses fell 20% to $14.4 million, mainly driven by lower client claims that decreased from $3.8 million to $118,000 year on year. Its legacy claims provision of $1.8 million remained stable during ...

Harder for insurers to dodge claims

KANIKA SOOD  |  MONDAY, 4 FEB 2019
Insurers will find it tougher to dodge paying out claims if the Royal Commission's recommendation to amend insurance law is enacted. At the round six hearings of the Royal Commission, it was revealed that CommInsure used outdated medical definitions ...

ASIC terminates managed accounts provider AFSL

KARREN VERGARA  |  FRIDAY, 1 FEB 2019
... profits when, in fact, Jade Capital received transaction fees from trading on behalf of clients under an MDA arrangement. Claims about performance in the video presentation were also likely to mislead investors into thinking the MDA strategies managed ...

FSC extends life code consultation deadline

KARREN VERGARA  |  THURSDAY, 24 JAN 2019
... aggressive selling tactics of life insurance products. The consultation will also cover several reforms to underwriting, claims and mental health; separating consumer credit Insurance from credit product sales; improving the sale of funeral insurance ...