Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 171 - 180 of 860 results for "Death"

Chief economist update: Global healing?

BENJAMIN ONG  |  MONDAY, 14 SEP 2020
"You're Marines now. You adapt. You overcome. You improvise." - Heartbreak Ridge The coronavirus pandemic has been likened to a war. US president Trump called it "the invisible enemy", French head of state Macron declared that France was "at war" ...

Chief economist update: V in US recovery at risk

BENJAMIN ONG  |  MONDAY, 7 SEP 2020
The US labour market continues to get betterer and betterer. The US Bureau of Labor Statistics (BLS) reported that total non-farm payrolls rose by 1.37 million in August - in line with market expectations and marked the fourth straight month of increase ...

Super fund expands investment exclusions

ELIZA BAVIN  |  FRIDAY, 4 SEP 2020
... were new or existing," HESTA said. Additionally, the fund said it has removed the pandemic exclusion that was included in death, TPD and income protection cover. "Our insurer previously had the right to invoke a clause to exclude the payment of death ...

Challenger launches new lifetime annuity

KANIKA SOOD  |  MONDAY, 24 AUG 2020
... build comprehensive retirement solutions." The product runs of the entire life time of the annuity buyer, and has guaranteed death benefits, and flexibility to withdraw and be paid a lump sum if a client's circumstances change within the withdrawal period. ...

Hostplus ups income protection premiums by 73%

ELIZABETH MCARTHUR  |  MONDAY, 24 AUG 2020
... increase in disability claim volumes, we have had to increase the cost of our non-default Salary Continuance insurance." Death and total and permanent disability premiums did not change. Hostplus' group insurer is MetLife and the super fund had an ...

Chief economist update: Worse news is better news

BENJAMIN ONG  |  THURSDAY, 20 AUG 2020
"I love you more today than yesterday But not as much as tomorrow..." - Spiral Starecase The S&P 500 index closed 0.4% lower to 3374.85 points overnight, failing to push above the previous trading day's record high finish of 3389.78 points... but ...

Macquarie to transfer legacy pension product

KANIKA SOOD  |  MONDAY, 10 AUG 2020
... no longer be paid. Members with advisers will be able to authorise relationships to pay advice fees. Any current, valid death benefit nominations will be transferred over to the Pension Manager, where the nomination type is available. The transfer will ...

Chief economist update: Good US employment news is not so good

BENJAMIN ONG  |  MONDAY, 10 AUG 2020
There's good news and bad news in the US labour market report for July. First, the good news: The US Bureau of Labor Statistics (BLS) reported that total non-farm payrolls rose by 1.8 million in July - more than market expectations for an increase ...

Chief economist update: Could COVID-19 dissenters be correct?

BENJAMIN ONG  |  TUESDAY, 4 AUG 2020
... many schools." What has Sweden got to show for this? According to Euro News' report as on July 28: "With a COVID-19 death toll of 5700, Sweden's mortality rate from the disease is now around a quarter higher than that of the United States, when ...

Life insurance needs to prove value

ANNABELLE DICKSON  |  WEDNESDAY, 29 JUL 2020
... member confidence and that is leading members to choose to opt out when it's not in their best interest," Evans said. For death cover there were 13.4 million covers in force, 97% of lodged claims were paid with the highest cause of claim was cancer at ...