Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 81 - 90 of 2182 results for "Claims"

CSLR finally passes senate

KARREN VERGARA  |  FRIDAY, 23 JUN 2023
... determination from the Australian Financial Complaints Authority to be compensated up to $150,000. Consumers will be able to lodge claims for compensation from April 2024, with the first compensation payments to follow shortly thereafter. "This is a ...

Cyber breach claims CalPERS member data

JAMIE WILLIAMSON  |  THURSDAY, 22 JUN 2023
More than 750,000 retired members of one of the world's largest pension funds have had their personal information accessed in a cybersecurity breach. The California Public Employees' Retirement System (CalPERS) is alerting its retired members and their ...

Zurich fills newly created executive role

ANDREW MCKEAN  |  TUESDAY, 13 JUN 2023
Zurich Financial Services has appointed Matt Paterson as chief claims officer, Australia and New Zealand. Paterson will have enterprise-wide responsibilities for all claims teams and functions across Zurich's Retail Life, Group Life, and General Insurance ...

ASIC chair calls out greenhushing

RACHEL ALEMBAKIS  |  TUESDAY, 6 JUN 2023
... that marketing and advertising teams work with the legal and risk teams to ensure cohesion around sustainability-related claims," and "what assurances and processes can be put in place to ensure that the board is appropriately informed and confident ...

Zurich, InterPrac, Sequoia back pro-bono advice

CASSANDRA BALDINI  |  WEDNESDAY, 31 MAY 2023
... its life insurance advice business will work with PFAN to help Australians access personal insurance advice and insurance claims assistance. This includes evaluating claims eligibility, preparing, reviewing and lodging claims applications and ongoing ...

AFCA tallies up COVID-19 complaints

JAMIE WILLIAMSON  |  FRIDAY, 12 MAY 2023
... insurance claim due to exclusion or condition accounted for 1463, and general denial of a claim accounted for 1454. Delays in claims handling resulted in 1286 complaints, and service quality led to 1162. By state, most complaints were lodged by people ...

Adviser PI premiums up 40%: APRA

JAMIE WILLIAMSON  |  THURSDAY, 11 MAY 2023
... professional indemnity insurance increased at least 40% for financial advisers since 2015, a new report from APRA shows. Reviewing claims trends and affordability of public liability and professional indemnity insurance in Australia, the regulator found ...

Class action commenced against IG Markets

JAMIE WILLIAMSON  |  THURSDAY, 11 MAY 2023
... behalf of up to 20,000 Australians who lost an estimated $800 million, according to ASIC data. The losses, the class action claims, were the result of IG Markets failing to adequately assess investors' objectives and financial situations, while also ...

Boutique appoints head of distribution

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2023
... two years. He has also previously held distribution roles with AIA Australia and BT Financial Group, and also served as a claims assessor at AXA. Innova managing director and co-chief investment officer Dan Miles said the appointment will "provide strategic ...

Australian Retirement Trust reduces fees, ups premiums

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2023
... and those with income protection will pay an additional 15.9%. The fund said it is the result of an increased number of claims lodged by members in recent years "As a result of this higher level of support, premiums will increase to ensure we can continue ...