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Showing 101 - 110 of 3097 results for %22Life Insurance%22

Young people 'locked out' of superannuation: ISA

ANDREW MCKEAN  |  TUESDAY, 11 JUL 2023
... 30-hour weekly threshold required to receive superannuation entitlements. Still, paid employment is a consistent part of life for most teenage workers, with 75% of under 18s employed for six to 12 months each year. This early career discrimination not ...

Life, funeral insurers cop $14m fine

KARREN VERGARA  |  WEDNESDAY, 5 JUL 2023
... injury insurance. Howden will also have to pay $100,000 in penalties. Select sold the products issued by St Andrew's Life Insurance under the brand names Let's Insure and FlexiSure. Parent company Bank of Queensland sold St Andrew's to Farmcove Investment ...

Adviser levy tripled, labelled "deeply unfair"

JAMIE WILLIAMSON  |  THURSDAY, 29 JUN 2023
... registration, administration of the adviser exam, the Financial Services and Credit Panel, and the review of the Life Insurance Framework. The release of the indicative cost recovery follows minister for financial services Stephen Jones confirming the ...

Anti-hawking laws could dampen super fund advice: Academic

KARREN VERGARA  |  TUESDAY, 27 JUN 2023
... in place, however they don't cover financial advice services. One outcome led to the ban of hawking direct life insurance in 2020. National Advice Solutions was recently convicted of cold-calling consumers, trying to convince them to switch their ...

TelstraSuper introduces new option, drops premiums

JAMIE WILLIAMSON  |  MONDAY, 26 JUN 2023
... superannuation is an important component of our members' financial safety net and we have worked closely with insurer, MLC Life Insurance, to provide affordable insurance premiums so that members have more money in their retirement whilst also benefitting ...

Rainmaker MySuper index outdoes S&P ASX 200

ANDREW MCKEAN  |  FRIDAY, 23 JUN 2023
... the Retail MySuper Index's -0.9%, achieving an outperformance margin of 1.9 percentage points. Meanwhile, group insurance premiums processed through APRA-regulated funds witnessed an uptick of 4% in 2021-22. Although this pushes the total premiums ...

Westpac plans aggressive platforms play

JAMIE WILLIAMSON  |  WEDNESDAY, 21 JUN 2023
... scale. In addition to platforms, this comprised superannuation and retirement products, investments, general and life insurance, auto finance, and Westpac Pacific. Of these, nine have been sold off. Only Westpac Pacific remains, after an unsuccessful ...

Allianz Retire+ makes key appointments

ANDREW MCKEAN  |  MONDAY, 19 JUN 2023
... relationship manager is Robert Coulter, previously head of clients, APAC at Ignition Advice. Allianz Australia Life Insurance chief executive Adrian Stewart said: "Robert brings over two decades of experience working with financial planners and dealer ...

Zurich fills newly created executive role

ANDREW MCKEAN  |  TUESDAY, 13 JUN 2023
... New Zealand. Paterson will have enterprise-wide responsibilities for all claims teams and functions across Zurich's Retail Life, Group Life, and General Insurance business segments. He will report directly to Zurich chief executive Justin Delaney. Paterson ...

Industry bodies respond to QAR recommendations

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
... advice," FAAA chief executive Sarah Abood said. "The government has also provided certainty with the continuation of life insurance commissions, whilst introducing a consent obligation that is covered through existing client approval arrangements." However ...