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Search ResultsShowing 1 - 10 of 100+ results for "Financial Services Council"
Law firm slams insurer mental health policies
ELIZABETH MCARTHUR  |  FRIDAY, 14 AUG 2020
... treating doctors in order to pressure workers back to work or to otherwise minimise costs." At the recent Financial Services Council Life Insurers Summit, assistant minister for superannuation, financial services and financial technology Jane Hume said ...
FSC calls for scaled advice model
ALLY SELBY  |  TUESDAY, 11 AUG 2020
The Financial Services Council (FSC) has called on the government to implement a two-year trial of a scalable advice model, in a bid to increase access to affordable advice to Australians at a time when they need it most. The COVID-19 crisis has seen ...
Maurice Blackburn slams FSC
ALLY SELBY  |  MONDAY, 10 AUG 2020
Law firm Maurice Blackburn has slammed the Financial Services Council over its renewed campaign to allow insurers to call the shots on medical claims. Maurice Blackburn principal Josh Mennen said the changes would enable insurers to only pay the medical ...
Life insurance at tipping point: Industry leaders
ALLY SELBY  |  FRIDAY, 31 JUL 2020
Life insurance leaders have pushed for immediate and authentic change, lest current legacy business models and products hinder the growth and sustainability of the industry. Speaking at the Financial Services Council's (FSC) 2020 Life Insurance ...
Insurers COVID-19 response slammed
ELIZABETH MCARTHUR  |  WEDNESDAY, 29 JUL 2020
An announcement from the Financial Services Council (FSC) that life insurers would keep their COVID-19 support measures in place until the end of the year doesn't go nearly far enough, a lawyer has said. As part of the insurance response to COVID-19 ...
Life insurance needs to prove value
ANNABELLE DICKSON  |  WEDNESDAY, 29 JUL 2020
... specifically around group insurance, the FSC Life Insurance Summit has heard. KPMG, on behalf of the Financial Services Council (FSC), revealed there was more than $12 billion in claims paid to more than 100,000 Australians during 2019. FSC senior policy ...
APRA intervention blindsided AFA, FPA taskforce
ELIZABETH MCARTHUR  |  TUESDAY, 28 JUL 2020
At the Financial Services Council Life Insurance Summit, the heads of financial advice industry associations admitted to being blindsided by APRA's intervention on individual disability income insurance. Association of Financial Advisers chief executive ...
FSC reveals life insurance data
ELIZA BAVIN  |  TUESDAY, 28 JUL 2020
... while women are more likely to claim income protection for mental health reasons, according to the Financial Services Council. The FSC said it is using Life Insurance Awareness week as an opportunity to release data which reveals some of the biological ...
SMSFA, FSC call for infrastructure investment access
ANNABELLE DICKSON  |  TUESDAY, 28 JUL 2020
The SMSF Association and the Financial Services Council (FSC) are calling for self-managed super funds to have access to unitised, liquid infrastructure investments as a way of generating economic growth. The two organisations, which represent more ...
Hume calls out ERS fake news
ELIZABETH MCARTHUR  |  MONDAY, 27 JUL 2020
At the Financial Services Council Life Insurance Summit Senator Jane Hume has said "fake news" about consumers losing life insurance due to the early release of super has irritated her. Hume said consumers would not lose life insurance policies held ...
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