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Showing 1 - 10 of 2436 results for "Claims"

BUSSQ ups insurance cover, costs

ELIZA BAVIN  |  TUESDAY, 4 AUG 2026
... accessible," BUSSQ chief executive Damian Wills said. "Should members need to make a claim, we also have an in-house insurance claims team, which can ease the stress during one of the most difficult times for a member or their family." BUSSQ said members ...

Advice complaints see biggest increase in FY26: AFCA

MATTHEW WAI  |  TUESDAY, 4 AUG 2026
... increased significantly (up 42%), highlighting the delays in claim handling, service issues and rejection of insurance claims as the most common issues. Rejection of claim complaints increased a whopping 82% compared with the previous year, AFCA said ...

Platforms are not solution providers: AZ NGA

MATTHEW WAI  |  FRIDAY, 31 JUL 2026
... they're our clients. They're not [the platforms'] clients." At a separate panel, responding to Barrett's stern claims, Netwealth chief executive Matt Heine and Dash executive director of strategy Darren Pettiona rebuked Barrett's ...

Fight between SMC and FSC on super rages on

RIDDHIMA TALWANI  |  WEDNESDAY, 22 JUL 2026
The Super Members Council (SMC) has called out the Financial Services Council (FSC) on making selective claims about performance and costs of 'platform' super funds compared with performance-tested mainstream MySuper funds. A latest research by FSC ...

FSCP bans adviser over client advice failures

VINNY VUCAGO  |  MONDAY, 20 JUL 2026
... allocation requirements. The FSCP further found Morrison-Dowd made false or misleading statements to two clients, including claims about target returns and guaranteed investment outcomes that lacked an adequate factual basis. In addition to the legislative ...

First Mutual unregistered MIS wound up

KARREN VERGARA  |  WEDNESDAY, 15 JUL 2026
... Deloitte SRT as liquidators. Liquidators will now take control of First Mutual, identify and recover available assets, assess claims, and, where funds are available, distribute them to creditors and investors. Last year, the court froze FMPE's and ...

Super funds fail customer service test: SCA

KARREN VERGARA  |  TUESDAY, 14 JUL 2026
... paid a nearly $24 million fine for the lengthy delay of death benefit payments, while AustralianSuper sat on death benefit claims that exceeded internal targets of four months. The government now wants all super funds to step up and force the timely ...

Aware hikes fees for former TelstraSuper members

ELIZA BAVIN  |  TUESDAY, 14 JUL 2026
... $921.83. "Premiums are increasing so we can continue to provide members with cover that's sustainable and meets the cost of claims," Aware said. "The increase also reflects wider trends in claims across the super and insurance industries that are impacting ...

ASIC sheds light on voluntary administration outcomes

VINNY VUCAGO  |  TUESDAY, 7 JUL 2026
... company's business to continue trading, facilitate the sale of the business or assets, or provide a mechanism for creditor claims to be compromised," O'Rourke said. For smaller businesses, ASIC said voluntary administration was less likely to result ...

Financial services CSLR Levy hits $198m

MATTHEW WAI  |  THURSDAY, 2 JUL 2026
... increase from its initial estimate announced in November 2025. The latest update expects to conclude the final cohort of claims related to Dixon Advisory, while including the first tranche of some 474 claims from the collapses of Shield and First Guardian ...
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