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Showing 1 - 7 of 7 results for %22Financial Services Council Life Insurers Summit%22

Commissions likely to stay: Hume

KARREN VERGARA  |  THURSDAY, 22 APR 2021
... acknowledged that commissions are an acceptable form of remuneration," Hume told yesterday's Financial Services Council Life Insurance Summit. "I recognise that a flat fee charged for advice can be a challenging business proposition." In the same ...

Law firm slams insurer mental health policies

ELIZABETH MCARTHUR  |  FRIDAY, 14 AUG 2020
... 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 she supported reform on ...

Life insurance at tipping point: Industry leaders

ALLY SELBY  |  FRIDAY, 31 JUL 2020
... 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 Summit, APRA general manager of life insurance Suzanne Johnson, RGA Australia ...

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 ...

Genetic tests no barrier to life insurance

ELIZABETH MCARTHUR  |  THURSDAY, 27 JUN 2019
... Australians can get up to half a million dollars of life cover without disclosing genetic tests. The Financial Services Council approved a moratorium on genetic tests in life insurance following consultation with the insurance industry. FSC chief executive ...

Top 10 superannuation stories in 2016

STAFF WRITER  |  WEDNESDAY, 21 DEC 2016
... about super: FSC chair The superannuation system was sold incorrectly to Australians, according to the Financial Services Council's recently appointed chair Geoff Lloyd. Speaking on a panel at the 2016 FSC Leaders Summit in Melbourne, Lloyd said: "The ...

International capital requirements could cripple insurers

LAURA MILLAN  |  FRIDAY, 21 MAR 2014
... that globally the insurance industry has US$4.6 trillion per year to invest in the global economy. Financial Services Council (FSC) chief executive John Brogden said that, if approved, increased capital requirements would also affect insurers in Australia. ...
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