Superannuation

ASIC to review ‘disaster chaser’ claims firms as it sets 2026-2027 insurance priorities

September 30 2026

The regulator will also review funeral insurance in the first half of 2027 and report on life insurer service issues, while continuing to monitor cash settlements and motor premium disclosure.

Australian dollar notes and calculator, related to superannuation and financial claims.

Australia's general insurance complaints rise 5% in 2025-26, life up 3%

August 5 2026

Motor insurance remained among Australia's most complained-about financial products, according to AFCA.

Aerial view of Sydney Harbour showing the Opera House and the Harbour Bridge with surrounding city and water traffic. The Opera House is on the left, the Bridge spans the harbor.

APRA consults on updated governance rules to strengthen board oversight

June 16 2026

Chair John Lonsdale said the regulator has sought to lift standards without adding to the burden on insurers, super funds, and banks.

apra-names-jane-magill-as-executive-director-of-life-private-health-insurance-and-superannuation

APRA appoints general insurance executive director Jane Magill to lead life, health, and superannuation

January 19 2026

Magill will assume the new role following Carmen Beverley-Smith's departure last week.

australias-cbus-fined-a23-5m-for-systemic-failings-in-death-and-disability-claims-handling

Cbus fined A$23.5m for systemic delays in death and TPD insurance claims

November 25 2025

Australia's Federal Court found that thousands of Cbus members faced lengthy delays in receiving death and disability benefits, with some claims remaining unresolved for over a year.