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Showing 1 - 10 of 592 results for "Council of"

CALI seeks life insurers exemption from lead generation ban

RIDDHIMA TALWANI  |  TUESDAY, 9 JUN 2026
The Council of Australian Life Insurers (CALI) said it will argue a strong case for exemption for life insurance lead generation to not be swept up into a blanket ban designed to address misconduct in other parts of the financial system. The government ...

CSLR levy must be directed towards bad actors: Burgess

MATTHEW WAI  |  FRIDAY, 29 MAY 2026
... product failure." Burgess also said the government should share CSLR funding responsibility, a suggestion echoed by the Council of Australian Life Insurers. "It is unreasonable to expect that the cost should fall solely on compliant participants or targeted ...

ASIC flags stronger fintech collaboration

VINNY VUCAGO  |  THURSDAY, 28 MAY 2026
... (AI), tokenisation and digital assets rapidly transform Australia's financial service sector. Speaking at the Tech Council of Australia's Future of Innovation in Australia's Financial Markets event in Sydney, Longo said ASIC was actively considering ...

ASIC, APRA target insurers' TPD product sustainability

KARREN VERGARA  |  MONDAY, 25 MAY 2026
... roundtable of life insurance chief executives, which had representatives from 19 insurers and reinsurers, Treasury and the Council of Australian Life Insurers (CALI), discussed several issues facing TPD insurance. Participants overwhelmingly agreed on ...

CALI calls for government to help fund CSLR

MATTHEW WAI  |  WEDNESDAY, 20 MAY 2026
The Council of Australian Life Insurers (CALI) is calling on the government to help fund the burgeoning Compensation Scheme of Last Resort (CSLR) to stop putting "undue" pressure on Australia's risk advisers. The government has announced the shared ...

ASFA joins Finance Industry Council of Australia

VINNY VUCAGO  |  TUESDAY, 19 MAY 2026
The Association of Superannuation Funds Australia (ASFA) has joined the Finance Industry Council of Australia (FICA), marking the first time the superannuation sector has formally been represented within the peak coordinating body for Australia's broader ...

Income support system cannot handle claims surge: CALI

VINNY VUCAGO  |  WEDNESDAY, 6 MAY 2026
... people unable to work due to illness or injury, particularly mental health conditions. New research commissioned by the Council of Australian Life Insurers (CALI) and prepared by SuperFriend demonstrates around 8.5 million Australians accessed some form ...

TPD and disability claims behind 88% of life insurance disputes

RIDDHIMA TALWANI  |  THURSDAY, 30 APR 2026
... disputing 2913 of the claims and advised individuals disputing 934 of the claims. A study released in July last year by the Council of Australian Life Insurers (CALI) found mental health was the leading cause of TPD claims, making up almost one in three ...

Strengthen Life Code for mental health crisis, claims handling: Review

KARREN VERGARA  |  MONDAY, 13 APR 2026
... review of the Life Code, which kicked off on 1 October 2025. In response, he received 14 submissions in total. The Council of Australian Life Insurers (CALI) chief executive Christine Cupitt commented the independent review is an important part of the ...

Digital assets framework bill passes, paves the way for consumer confidence

MATTHEW WAI  |  THURSDAY, 2 APR 2026
... also given an 18-month period to comply with the new licensing and operational standards. However, Digital Economy Council of Australia chair Paul Derham told Financial Standard said while the DAP authorisation is "pretty well" understood, the authorisation ...
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