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Showing 1031 - 1040 of 4514 results for "Cover"

BlackRock lists three ESG ETFs

ELIZABETH MCARTHUR  |  TUESDAY, 13 JUL 2021
sustainability focus. The three funds are the iShares Core MSCI Australia ESG Leaders ETF (IESG), iShares Core MSCI World Ex Australia ESG Leaders ETF (IWLD) and iShares Core MSCI World ex Australia ESG Leaders (AUD Hedged) ETF (IHWL). IESG seeks to ...

Be ready for negative rates: APRA to ADIs

JAMIE WILLIAMSON  |  MONDAY, 12 JUL 2021
... develop tactical solutions to implement zero or negative market interest rates and cash rate by 30 April 2022. This would cover all products and activities, except for lending products that don't reference such rates, like business lending or residential ...

Insurers dodging Royal Commission reform

ELIZABETH MCARTHUR  |  MONDAY, 12 JUL 2021
Last week, the federal government announced exemptions for the insurance industry in relation to Royal Commission reforms. According to the Consumer Action Law Centre, these exemptions allow the insurance industry to side-step the Royal Commission recommendations ...

Dixon Advisory to pay $8.2m to settle ASIC action

KANIKA SOOD  |  FRIDAY, 9 JUL 2021
... 53 contraventions. Dixon Advisory and Superannuation Services (DASS) will pay $7.2 million in penalty and $1 million to cover ASIC's costs. The penalty follows from court-ordered mediation between DASS and ASIC. Both parties are also consenting to ...

Advice engagement jumps during COVID-19

KARREN VERGARA  |  FRIDAY, 9 JUL 2021
... period while 25% found that COVID-19 has made it is easier to talk to clients about taking out or renewing life insurance cover. ClearView managing director Simon Swanson said the data highlighted the importance of interpersonal and soft skills such ...

Lying rife in life insurance applications

ANNABELLE DICKSON  |  FRIDAY, 9 JUL 2021
... showed that underinsurance costs the government $57 million for life insurance and $1.26 billion for TPD; people without life cover or who are underinsured are more likely to draw on welfare. The report said life insurance provides an alternative, self-funded ...

FSC launches DDO templates

ANNABELLE DICKSON  |  THURSDAY, 8 JUL 2021
The Financial Services Council (FSC) and 60 of its members have worked together to launch two products ahead of the design and distribution obligations (DDO) regime. The FSC and members from life insurance, funds management and superannuation have collaborated ...

How likely is a super fund to fail YFYS test?

JAMIE WILLIAMSON  |  WEDNESDAY, 7 JUL 2021
... and 2026 when the positive impact of those earlier years is lost. "If we look at 10 consecutive performance tests, which cover a total of 17 years of fund performance (i.e. the first test covers years one to eight, the second covers years two to nine ...

BT Super for Life ups insurance premiums

KANIKA SOOD  |  TUESDAY, 6 JUL 2021
BT Super for Life will increase the cost of its standard life insurance cover by 13.1% from August 1. The standard cover includes death and TPD. As an example, a 34-year-old male member of BT Super for Life previously paid $11.41 each month for one ...

Life insurance drives economy: Research

ANNABELLE DICKSON  |  TUESDAY, 6 JUL 2021
... showed that underinsurance costs the government $57 million for life insurance and $1.26 billion for TPD;people without life cover or who are underinsured are more likely to draw on welfare. The report said life insurance provides an alternative, self-funded ...