Choosi’s “Compare. Choose. Apply.” pitch has been found to have misled Australians shopping for funeral and life insurance by a Federal Court after its TV ads aired more than 300,000 times.
Ryan Johnson
Some of Australia’s biggest insurers are losing ground in workers compensation as psychological injury claims surge following tighter workplace safety rules nationally and an overhaul of laws in WA.
Ryan Johnson and Cheyanne Enciso
EPAs. EPGs. AHDs. It’s a word salad of terms that all mean you can take control of a person’s health and money. But what’s the limits of those powers? And what should you be aware of before you sign?
Nick Bruining
ASIC found cash settlements in almost two-thirds of reviewed claims, with one offer raised only after a builder revealed its quote was 40 per cent below cost
Here’s a dummies’ guide to the superannuation death benefits, how to ensure the money goes to the right people, and the tricks you need to know to help your kids dodge the taxman.
Insurance Australia Group has flagged its contested $1.35 billion takeover of RAC Insurance as an extra growth kicker this financial year despite competition fears the deal could drive up WA insurance prices.
The AAMI and GIO owner paid a record $10b-plus in claims but shareholders will still pocket a special dividend as premiums keep climbing.
Nearly three-quarters of car insurers have failed to explain the key factors driving up premiums, which have surged at twice the pace of inflation over five years.
Q+A: Shifting money away from being an assessable asset can help you meet thresholds and get yourself a bigger Centrelink pension. Here’s what you need to know ...
The industry body has reiterated its opposition to the deal, dismissing new IAG concessions proposed as part of a new attempt to win over the ACCC.
Sean Smith
UBS reckons the Australian Competition and Consumer Commission is unlikely to change its view that IAG’s $1.35 billion purchase of RAC Insurance is anti-competitive.
In a “remedy offer” lodged with the ACCC, IAG is now offering five-year undertakings to address concerns the purchase of WA’s market-leading motor and home and contents insurer would reduce competition.
At a time when households face higher insurance premiums across the board, the industry is being warned not to penalise customers paying monthly or quarterly.
Kaaren Morrissey
ASIC rebuked after losing an appeal over pre-existing condition wording used by HCF Life, in a ruling that gives insurers a clearer line between misleading policy terms and unfair contract terms.
Home insurance terms are set for an overhaul, but a fight is brewing over who writes the definitions.
ASIC says some super funds are still failing grieving families on death benefit claims, with trustees accused of failing to analyse systemic issues and dragging their feet on basic reforms.
Q&A: Can your grandchild challenge your will, who is allowed to see what’s in there and what evidence would you need to challenge it if you miss out?
With $2.5 trillion up for grabs in WA, fights among beneficiaries of wills are rising. But parents of kids relying on an inheritance can take simple steps to avoid or minimise the chance of a dispute.
The Great Wealth Transfer - buoyed by skyrocketing property prices - has become increasingly litigious, with the silver tsunami prompting a 40 per cent spike in inheritance disputes over the past five years.
Kim Macdonald
Australia’s superannuation sector has backed a proposed ban on fund advertising during job onboarding, warning that new workers can be nudged into switching without realising the long-term costs.
The eye-watering cost of extreme weather for 2025 has been revealed, sparking a warning the financial toll may only get worse.
Andrew Stafford
The competition watchdog has raised serious doubts about the market fairness of Insurance Australia Group’s planned $1.35 billion purchase of RAC’s insurance arm and is now taking a closer look.
Rebecca Le May
Members of this big-name super fund are about to cop a hefty hike in life insurance premiums that could see account balances eroded by hundreds of dollars a year.
Households struggling to make ends meet might be tempted to cut off various insurance policies to balance the budget. Before you do, here’s a few simple tricks that can considerably reduce annual costs.
