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Showing 141 - 150 of 864 results for "Death"

Aussies lost money due to lack of advice

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 DEC 2020
Despite Australia living up to its reputation as a lucky country during the COVID-19 pandemic, Australians' investments took a bigger hit than their international counterparts - likely due to a lack of financial advice. New research from PIMCO surveyed ...

ASIC cancels two AFSLs

ELIZA BAVIN  |  MONDAY, 30 NOV 2020
... required under its licence. ASIC said under the terms of its AFSL, Jels was required to have a 'key person'. Following the death of its key person, Jels failed to appoint a new key person. In addition, ASIC said Jels' sole corporate authorised representative ...

Chief economist update: Dow 30 thousand

BENJAMIN ONG  |  THURSDAY, 26 NOV 2020
"Be fearful when others are greedy and greedy when others are fearful." - Warren Buffett History is again bearing witness to the "Sage of Omaha's" widely-known investing principle for who would have dreamed that the US equity market would rally ...

Chief economist update: The virus, the vaccine and Trump

BENJAMIN ONG  |  MONDAY, 23 NOV 2020
It's quite a delicate balance - akin to the "will it, won't it" speculations on Fed policy decisions BC (before COVID) - but it appears that the dying days of 2020 swing between optimism and pessimism depending on which side of the bed financial ...

Industry fund names new group insurer

JAMIE WILLIAMSON  |  THURSDAY, 19 NOV 2020
... a decade. The mandate was instead awarded to AIA, commencing January 1. Under the new arrangement, the cost of unitised death and TPD cover will change to age-based premiums. As a result, some members may see an increase to their premiums, while others ...

Super fund increases premiums

KARREN VERGARA  |  WEDNESDAY, 18 NOV 2020
... insurance across the board at the turn of the New Year. Most QSuper members will see income protection cover go up 31%, while death and total and permanent disability (TPD) cover will increase between 40-45% from 1 January 2021. One exception, income ...

Successor fund transfer finalised

ELIZABETH MCARTHUR  |  TUESDAY, 17 NOV 2020
... insurance when age or salaries changed, but Sunsuper adjusts insurance twice annually. Sunsuper does not offer non-lapsing death benefit nominations, while the IAG & NRMA plan did.

Chief economist update: A vaccine and a better vaccine

BENJAMIN ONG  |  TUESDAY, 17 NOV 2020
"Voices singing, let's be jolly Deck the halls with boughs of holly Rockin' around the Christmas tree Have a happy holiday Everyone dancin' merrily..." - Brenda Lee It's not even December yet but Wall Street's already "Rockin' ...

Club Plus announces insurance changes

ELIZABETH MCARTHUR  |  MONDAY, 16 NOV 2020
... significant changes to its insurance offering with group insurer OnePath. From 1 January 2021, members will see premiums on death, total and permanent disability and income protection cover reduce. Club Plus is also removing the insurance administration ...

Chief economist update: We're not there yet

BENJAMIN ONG  |  FRIDAY, 13 NOV 2020
"Curb your enthusiasm" was the overriding message from the world's top three central bankers at the annual ECB Forum on Central Banking 2020, held online on November 11-12. The head honchos of the US Federal Reserve, European Central Bank and the ...