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Showing 911 - 920 of 2448 results for "Claims"

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 At the round six hearings of the Royal Commission, it was revealed that CommInsure used outdated medical definitions ...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 ...

Millions of Australian's suffering from financial stress: AMP

HARRISON WORLEY  |  MONDAY, 21 JAN 2019
... extra sick days a year, while dedicating almost an entire hour of work time dealing with their money matters. AMP's report claims that as a result, Australian businesses lose about $31 billion a year in revenue. The firm's director of workplace super ...

Primary digs heels on Aurora fund

KANIKA SOOD  |  FRIDAY, 18 JAN 2019
... resolution to allow a change of the constitution. "This was to enable us [Primary] to receive fee for special work relating to claims that might be made," Smith said. He said they may look at things like fees charged and the investments made and whether ...

AAT upholds AFSL rejection

OSKAH DUNNIN  |  TUESDAY, 15 JAN 2019
... Michael Watson shouldn't have provided any advice to any clients." Despite these findings, the AAT said ASIC's claims that Watson was not of good character were unfounded. But said Watson's behaviour did "fall short of what could reasonably ...

MetLife Australia wins tech award

KANIKA SOOD  |  TUESDAY, 8 JAN 2019
Over the Christmas break, MetLife Australia's tech team took home an international award for its claims platform launched to Statewide Super's members last year. MetLife chief information officer Tim Batten's team snagged a spot on ACORD's ...

Will Aussie equities overcome 2019 challenges?

HARRISON WORLEY  |  TUESDAY, 4 DEC 2018
... outlook for the general insurance sector. Premiums are ahead of inflation and rising, in the order of 4-5% p.a., while claims inflation is under control, resulting in good margin expansion for these businesses," "Rising bond yields are also supportive ...

Special Report: Hitting new ETF goals

KARREN VERGARA  |  FRIDAY, 16 NOV 2018
... way that pays no regard to relative valuation - that's all anecdotal, he says. "There's no evidence backing those claims. When I look at the evidence it supports the opposite." In reality, active fund manager performance isn't improving with ...

We must do better: ASFA

JAMIE WILLIAMSON  |  WEDNESDAY, 14 NOV 2018
... for increasing the superannuation guarantee to 12%. In doing so, Easson hit back at the Grattan Institute's recent claims that an increase is unnecessary. "We need to put 12% back on the agenda... These misinterpretations, the lazy and misguided ...