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| | | AMP has named a new default insurance provider for its superannuation offering to replace Resolution Life. TAL is the new group insurer for AMP Super Fund, which includes its flagship product SignatureSuper. Commenting on the transition, AMP general ... |
| | | | ... structural changes. Also, Mercer Super investment chief Corrin Collocott quit the firm after just nine months to join Insurance Australia Group. Carr's previous role as state leader meant spending a large portion of his time with clients, and he ... |
| | | | ... moving to Mercer Investment Consulting's Melbourne office as an investment analyst. She worked at Catholic Church Insurance as a senior investment analyst and has also held roles as a consultant at DST Global Solutions. From 2015 she spent four years ... |
| | | | ... services, and guidance, now and into the future..." the fund said. CSC added that the current tax rebate on admin and insurance fees will now be retained within the administration reserve to cover costs. Meantime, for CSCri members, which includes Transition ... |
| | | | ... officers and group heads to provide additional firm-level investment oversight, primarily across real estate and credit and insurance. Meantime, Assant will work in conjunction with the other chief investment officers and group heads to provide additional ... |
| | | | ... Bureau of Statistics (ABS) found that the rising costs of housing (up 6.6%), food and non-alcoholic beverages (up 4.6%), insurance and financial services (up 8.8%), and alcohol and tobacco (up 6.4%) were the main drivers of the annual increase. "CPI ... |
| | | | ... significantly higher." Though there were also rises in complaints about other financial products including banking and finance, insurance, investments and advice, and superannuation. "We need to see a downward trend in complaints overall, with financial ... |
| | | | ... determine the levy for relevant firms and begin collecting it. This first levy is to be paid by the 10 largest banking and insurance groups based on income reported to the ATO in FY2021-22, with a first instalment expected to be paid within 30 days of ... |
| | | | ... consumers or small businesses who make a complaint about products or services relating to banking and finance, general insurance, life insurance, and investments and advice. The limits, however, do not apply to superannuation complaints. For income streams ... |
| | | | ... avoidance of an income protection policy. The case marks ASIC's first attempt to impose a civil penalty under s13 of the Insurance Contracts Act 1984 (Cth), a section that mandates insurers uphold the duty to act with utmost good faith. In 2018, OnePath ... |
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