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Showing 131 - 140 of 380 results for "Insurance premiums"

APRA heatmap sees members save on fees

JAMIE WILLIAMSON  |  TUESDAY, 30 JUN 2020
... in this area to take longer to manifest, and for COVID-19 to have an impact. It also doesn't account for insurance premiums. "Since publishing the heatmap last December, APRA has intensified its supervision of underperformers. It's pleasing to ...

Industry fund ups insurance premiums

HARRISON WORLEY  |  THURSDAY, 25 JUN 2020
An $8.5 billion industry superannuation fund is increasing the cost of insurance premiums paid by members. Australian Catholic Superannuation and Retirement Fund is upping the cost of its death and total and permanent disablement unitised cover as it ...

Madison sale confirmed

JAMIE WILLIAMSON, KANIKA SOOD  |  WEDNESDAY, 3 JUN 2020
... Primewest Group entities. Madison has about 100 advisers with $3 billion in funds under advice and total in-force insurance premiums of $65 million. Total gross revenue is about $34 million, according to Clime filings. Under the deal, Madison chief executive ...

AMP hangs on to AFLPA mandate

KANIKA SOOD  |  MONDAY, 4 MAY 2020
... Wade said. "The quality and flexibility of AMP's insurance offer, competitive investment management fees and insurance premiums, investment performance, diversified MySuper portfolios, and AMP's comprehensive financial wellness and education programs ...

ASIC urges insurance flexibility

ELIZA BAVIN  |  TUESDAY, 28 APR 2020
... order to receive any benefit insurers offer in response to COVID-19. "Consumers who are struggling to pay their insurance premiums may simply allow the policy to lapse rather than contact their insurer to cancel it," the regulator said. "If an insurer ...

QSuper board takes AFCA decision to court

KANIKA SOOD  |  THURSDAY, 16 APR 2020
QSuper has appealed against an AFCA decision favouring a member complaint seeking a refund on insurance premiums in the Federal Court. QSuper member Tommy Lam last year successfully complained to the Australian Financial Complaints Authority (AFCA) ...

AustralianSuper increases premiums

JAMIE WILLIAMSON  |  THURSDAY, 9 APR 2020
Australia's largest superannuation fund is bumping up insurance premiums from May 30, less than a year on from the last increase. In a communication sent to members, AustralianSuper said the annual review of the fund's insurance offer was conducted ...

How PYS changes caused 34% premium hikes

ELIZABETH MCARTHUR  |  THURSDAY, 2 APR 2020
Significant hikes in group insurance premiums have been put down to the Protecting Your Super reforms - with members of four superannuation funds facing premium increases of 34%. Members of Crescent Wealth Super, Members of Defence Bank, Bankfirst and ...

PMIF sees premiums rise for first time in 12 years

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 APR 2020
The $30 billion industry fund for emergency services workers has had to increase its insurance premiums for the first time in 12 years as a result of the Putting Members Interests First legislation. ESSSuper put insurance premiums on death only and ...

Statewide revises down investment objectives, ups fees

ELIZABETH MCARTHUR  |  TUESDAY, 31 MAR 2020
... industry superannuation fund has issued a notice to members detailing changes to investment fees, admin fees, insurance premiums and investment objectives. Statewide Super has revised its long term investment objectives for high growth and conservative ...