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Showing 1 - 10 of 2177 results for "Life Insurance"

Super funds should focus on 'simple' advice: Jones

ELIZA BAVIN  |  FRIDAY, 6 DEC 2024
... Jones said. "And I want to ensure that those simple questions that people are asking their super fund or their life insurance company can be answered by somebody who's trained up, has the qualifications to answer those basic questions, with all the ...

Permanent disablement claims for mental health explodes

ANDREW MCKEAN  |  THURSDAY, 5 DEC 2024
... health services across the population having increased on average by 2.9% each year over the last 10 years. Within life insurance the increase in the rate of mental health permanent disability claims grew by 9% each year over the 10 years compared to ...

ClearView's share price tanks 31%

KARREN VERGARA  |  TUESDAY, 19 NOV 2024
... expect to have a material effect on the price or value of its securities given the nature of its business, being life insurance." "The information related to the first quarter claims experience only. Claims volatility occurs from time to time in the ...

AFCA names and shames in fresh Datacube release

ELIZA BAVIN  |  THURSDAY, 14 NOV 2024
... majority of which (2034 or 56.93%) were around account administration issues. A further 1047 were around group life insurance, and 455 to do with death benefits distribution. The fresh data comes as Cbus is facing proceedings in the Federal Court over ...

Systemic issues impact 20k consumers: AFCA

MATTHEW WAI  |  MONDAY, 11 NOV 2024
... were offered a reinstatement of insurances lost with premiums backdated to the date of cancellation, AFCA said. Life insurance A life insurer failed to provide the correct notice of a policy cancellation due to delays in mail processing caused by the ...

Liberal MP calls for SoA replacement

KARREN VERGARA  |  TUESDAY, 5 NOV 2024
... also receive a makeover, while a new class of advisers called "Qualified Advisers" from banks, super funds, and life insurance firms will be able to provide simple advice.

Insignia snags TAL executives for new retirement solutions team

MATTHEW WAI  |  MONDAY, 4 NOV 2024
... products and services to our customers." Howard has over 25 years of experience across superannuation, advice, life insurance and asset management. Before TAL, Howard was the chief operating officer and interim chief executive at Rest. He has also previously ...

Westpac profits drop as it prepares for leadership change

ELIZA BAVIN  |  MONDAY, 4 NOV 2024
... Westpac said while the class action filed against BT Financial Group, Westpac Securities Administration and Westpac Life Insurance (now known as TAL Life Insurance) in October 2023 reached a settlement in September 2024, it still requires approval from ...

Jones preps DBFO Tranche 2 for parliament

KARREN VERGARA  |  WEDNESDAY, 30 OCT 2024
... also receive a makeover, while a new class of advisers called "Qualified Advisers" from banks, super funds, and life insurance firms will be able to provide simple advice. Jones told a recent AFR event: "The financial advice laws in the country are not ...

Gap exists between licensees' AI use and governance processes: ASIC

MATTHEW WAI  |  TUESDAY, 29 OCT 2024
... use cases across 23 licensees as at the end of 2023, which included operations in the financial advice sector and life insurance, to identify potential loopholes in AI incorporation. The Beware the gap: Governance arrangements in the face of AI innovation ...
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