The life insurer’s program has now been rolled out to Aware Super, Rest Super, LGIA Super, MyLife MyInsurance, NGS Super, Prime Super and TWUSUPER. ...
The life insurance industry needs to go through a genuine transformation around customer and digital transformation, according to a panel....
ClearView has announced that its life insurance has been adversely impacted by claims and lapse which will impact the firm’s net profit after tax for half-year ended in D...
ASIC has found that 60% of ‘activities of daily living’ claims are declined and AMP, Asteron, and Westpac had decline rates higher than expected....
Melanie Dunn looks at how self-managed superannuation funds must now claim the most valuable tax concession for members in the retirement phase, the exempt current pensio...
The Australian Prudential Regulation Authority and the Australian Securities and Investments Commission have kicked off the pilot project aimed at improving life insuranc...
An additional layer of assistance to help consumers make a claim would add more confusion and would be seen as a way to discourage consumers from making a claim, a panel ...
ASIC is set to send issue notices to super trustees to investigate their insurance arrangements....
The Australian Prudential Regulation Authority has downplayed suggestions of conflicts of interest in bonuses paid to superannuation funds by life insurers....
The Australian Prudential Regulation Authority makes clear insurance claims handling is also an issue for trustee boards....
From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...
Super director remuneration ...
No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...