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Showing 1021 - 1030 of 2274 results for "Premium"

Kinetic Super improves insurance offering

EMMA RAPAPORT  |  WEDNESDAY, 31 MAY 2017
... said. "When an account balance is at the lower end, there comes a point where it can no longer sustain regular insurance premium deductions and that's where our new insurance switch-off feature comes in." Other benefits of the insurance upgrade include ...

ASIC cancels AFSL, bans former executives and fund managers

JAMIE WILLIAMSON  |  TUESDAY, 30 MAY 2017
... the Corporations Act. Together they misappropriated $147.5 million held by the managed investment scheme known as the Premium Income Fund (PIF) on behalf of unitholders, using the funds to pay debts owed by other related entities in the MFS Group. The ...

"Shunned" investment strategy generating massive returns

KARREN VERGARA  |  THURSDAY, 25 MAY 2017
... very strong, Dawson said. These also offered minimal credit spreads with a 0.15% coupon, which is essentially a zero risk premium, but when the GFC hit, the capital was ravaged by 50%. But in the last 12 months or so when interest rates bottomed, these ...

Life insurance market flat: Research

KARREN VERGARA  |  MONDAY, 22 MAY 2017
The life insurance market experienced weak growth in the last three years despite the significant amount of marketing effort and money spent on rejuvenating the industry, a new report shows. Product innovation and intensive marketing activities by insurance ...

Reporting overhaul to hit insurer profits

KARREN VERGARA  |  MONDAY, 22 MAY 2017
More than 450 listed insurers' bottom lines will be significantly affected by a new global accounting standard overhauling how premiums and claims are reported. Under new international accounting standard IFRS 17 Insurance Contracts, a life insurance ...

Second private equity firm joins battle for Fairfax

ALEX BURKE  |  FRIDAY, 19 MAY 2017
... that Fairfax pays no dividends between the date of the proposal to the acquisition. H&F's proposal represents a slight premium to the revised proposal submitted by the TPG Consortium on May 15, which would see the latter acquire the media conglomerate ...

HESTA sharpens focus on factor investing

JAMIE WILLIAMSON  |  TUESDAY, 16 MAY 2017
HESTA has awarded a second mandate to an international asset manager championing factor investing. Members of the industry fund will benefit from the expertise of Robeco, implementing its QI Global Value Equities strategy. "We were looking for a cost ...

Court approves Rubik sale

ALEX BURKE  |  MONDAY, 8 MAY 2017
... agreement whereby Temenos would acquire the company for a consideration of 16c per share - at the time, this represented a 52% premium to Rubik's last closing price. Rubik's largest shareholders - Viburnum Funds, LHC Capital Partners and Regal Funds ...

Super insurance must be standardised: ISWG

KARREN VERGARA  |  FRIDAY, 5 MAY 2017
The Insurance in Superannuation Working Group is pushing to standardise how super funds communicate life insurance information to members. In its third discussion paper released today, the working group highlights three in ten Australians have no clue ...

Beneficiaries unfamiliar with death benefits

KARREN VERGARA  |  WEDNESDAY, 3 MAY 2017
A large number of death benefit complaints could be avoided if trustees communicate to members and beneficiaries proper internal dispute resolution processes. This is particularly true when it comes to death benefits, according to the Superannuation ...