CommInsure used outdated definitions to reject claims
CommInsure’s Helen Troup admits to the Hayne Inquiry it was motivated by “commercial considerations” in not updating medical definitions.
Conexus Superannuation Awards 2019: enter now
Entries are open for the Conexus Financial Superannuation Awards 2019, which will honour funds that help create good retirement outcomes.
Photo Gallery: Equities Summit 2018
The 2018 Equities Summit took place at Crown Towers, Melbourne VIC, 11 Septemeber 2018)
More class actions against retail funds ‘within weeks’
AMP and CBA were singled out by a law firm that could file class actions in which “a third of adult Australians” could be eligible.
Future Fund to tip more into emerging-market ventures
The Future Fund’s Craig Thorburn told a panel that private equity focused on ventures and late-stage growth companies is highly attractive.
Life sector needs to ‘tell its story’
Insurance executives agreed that reform proposals have emerged, in part, because the industry needs to promote its value better.
Insurance round opens with laundry list of misconduct
Counsel assisting Rowena Orr opened with insurers’ admissions of over-charging premiums, underpaying claims and much more.
Bespoke approach to China pays off for First State Super
CIO Damian Graham says specific exposure to Chinese public and private markets is worth it – regulatory hurdles and all.
Reasons for delayed TPD claims surprise
A survey from TAL turns up some unexpected reasons for members putting off making claims – and points to possible fixes.
Insurers start riding ‘second wave’ of digitisation
Businesses in China and around the globe are linking to sources of big data to fine-tune their offerings and give consumers more.
Reach out and nudge: AustralianSuper uses tech to engage
AustralianSuper puts a chat-bot, a mobile app and Google analytics to work to get young members and others more focused on insurance.
Equip Super’s Andrew Fairley: Board approval
The independent chair of Equip Super, Andrew Fairley, believes the fund’s skills-based trustee selection is the way forward for the sector.
