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Showing 911 - 920 of 2425 results for "Claims"

TAL hired private investigator to follow claimant: Royal Commission

KANIKA SOOD  |  THURSDAY, 13 SEP 2018
TAL went to great lengths to get out of paying insurance claims to a nurse which involved hiring a private investigator who followed her around the country, the Royal Commission heard today. Newly-appointed TAL general manager of claims Loraine van ...

CommInsure misled FOS: Royal Commission

KARREN VERGARA  |  THURSDAY, 13 SEP 2018
... would update the definitions of heart attack and severe rheumatoid arthritis in its trauma products, and reassess past claims under those definitions going back to 11 May 2014. Earlier yesterday morning, the Commission reinforced ASIC's recent findings ...

Insurance in super code weak: ASIC

KARREN VERGARA  |  MONDAY, 10 SEP 2018
... so in certain circumstances. It commended a significant number of trustees that did resolve complaints about insurance claims in less than 45 days on average. ASIC's priority is that trustees that take more than 100 days to resolve complaints to reduce ...

MLC, NULIS in court over $100m in illegitimate fees

JAMIE WILLIAMSON  |  THURSDAY, 6 SEP 2018
... of MLC MasterKey Super products, with the regulator seeking declarations of contravention and a civil penalty. ASIC also claims NULIS and MLC Nominees charged 220,000 members of MLC MasterKey Business and MLC MasterKey Personal Super about $33 million ...

Retail super funds reject MySuper delays

KARREN VERGARA  |  TUESDAY, 4 SEP 2018
Several retail superannuation funds have rejected claims they fell below community standards and contravened the Superannuation Industry (Supervision) Act by delaying the transition of members into cheaper MySuper products. In response to recommendations ...

Direct life insurance failing consumers: ASIC

KARREN VERGARA  |  THURSDAY, 30 AUG 2018
... compared to life insurance sold through other channels. APRA and ASIC figures show in the six months to June 2017, only 84% of claims finalised via direct channels - the overall figure stands at 93% across all channels. Among its other findings, ASIC ...

Stale boys club lingers on: Research

JAMIE WILLIAMSON  |  WEDNESDAY, 29 AUG 2018
... of their gender. Respondents also reported unwillingness by male staff to deal with such complaints, and some said past claims of sexual harassment were ignored, swept under the carpet or impacted negatively on their career. Some women reported being ...

BT overhauls life cover limits and definitions

JAMIE WILLIAMSON  |  WEDNESDAY, 29 AUG 2018
... advancement benefit no longer requires a six-month wait between procedures, allowing multiple partial Living insurance benefit claims for different angioplasty events. In addition, the severe burns definition now clearly applies regardless of the cause ...

MetLife partners with industry fund for digital tool

HARRISON WORLEY  |  TUESDAY, 28 AUG 2018
... partnered with an $8 billion industry superannuation fund to launch its digital life insurance tool designed to speed up claims tracking and lodgment for fund members. Statewide Super partnered with MetLife to launch the new digital life insurance claims ...

Morgan Stanley amends false independence claims

JAMIE WILLIAMSON  |  TUESDAY, 28 AUG 2018
... other similar words and phrases." Earlier this year, ASIC required four financial advice firms to cease and amend false claims of independence. Two Paragem practices, an authorised representative of Spectrum Wealth Advisers and an authorised representative ...