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Showing 51 - 60 of 912 results for "Premiums"

Spirit Super negotiates premium drop

CASSANDRA BALDINI  |  MONDAY, 6 MAR 2023
... negotiated a new three-year rate guarantee with its group insurer MetLife, resulting in an almost 25% decrease to some premiums. Members will save about $51 million over the life of the agreement, Spirit Super said. Fees for death and TPD cover will ...

ClearView offloads managed investments unit

KARREN VERGARA  |  FRIDAY, 24 FEB 2023
... its simplification initiative, ClearView will solely focus on providing life insurance. This part of the business saw premiums from its advised product range increase by 11% year on year to $290.9 million. Underlying net profit after tax jumped 46% to ...

Advice group convicted of hawking

JAMIE WILLIAMSON  |  WEDNESDAY, 22 FEB 2023
... advice about their superannuation first, which scoped out insurance even where the client was paying their insurance premiums from their existing superannuation account. ASIC found that in these circumstances, it was inappropriate to separate out the ...

Private debt a silver lining of market volatility: QIC

ANDREW MCKEAN  |  TUESDAY, 31 JAN 2023
... said there's opportunity for investors in private lending markets due to higher base interest rates, larger credit risk premiums, and more favourable deal terms. "Capital constraints and rising investor caution have allowed for improved credit terms ...

Global X to launch Covered Call ETFs

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JAN 2023
... diversification benefits which helps mitigate downturns while maintaining exposure and potentially profiting as options premiums creep higher. "Income focused investors tend to look at certain areas of the market for higher yields which can lead to overexposure ...

Don't call it a comeback: APRA on IDII

CHLOE WALKER  |  TUESDAY, 10 JAN 2023
... also expected to reverse, with the new IDII products launched following the intervention expected to have more stable premiums. APRA added that while further premium increases can be imposed to respond to a future deterioration in profitability, this ...

APRA, ASIC concerned over premium increases

CHLOE WALKER  |  FRIDAY, 9 DEC 2022
... APRA and ASIC have asked the chief executives of life insurers to explain the continuing increases to retail insurance premiums following complaints from consumers and reportable situations. In a joint letter, the regulators said they're concerned premium ...

Stapling's consequences must be addressed: Cbus

ANDREW MCKEAN  |  MONDAY, 14 NOV 2022
... stapling rule for workers in hazardous occupations. The fund believes this will mitigate the risk of these workers paying premiums for no cover at funds that have exclusionary clauses in their insurance policies. Alternatively, Cbus recommends that workers ...

MLC Life updates retail insurance product range

CASSANDRA BALDINI  |  MONDAY, 31 OCT 2022
... greater flexibility and options in their policy, including higher income replacement levels and greater certainty of future premiums. The upgrades we are making now enable our ability to provide quality protection to Australians," he said. Income Assure ...

QAR could see 12% increase in insured Aussies

CHLOE WALKER  |  THURSDAY, 20 OCT 2022
... in the next five years. As it stans, about 15 million people have insurance cover, paying a total of $17.3 billion in premiums each year. "These insights also suggest the benefits that a reformed financial advice framework can have across the broad range ...