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Showing 141 - 150 of 6625 results for "Life"

TelstraSuper launches option, retirement tool

KARREN VERGARA  |  TUESDAY, 31 OCT 2023
TelstraSuper has unveiled several features for its younger and older membership that include a new option and retirement planning tool, and enhancements to its self-managed investment platform. The new High Growth option comprises 90% growth and 10% ...

AMP Capital sale inches toward completion

CHLOE WALKER  |  TUESDAY, 31 OCT 2023
... Funds Management (Dexus) have been met. The last phase of this sale involves the transfer of AMP's interest in China Life AMP Asset Management Company Limited (CLAMP). Once this process is finished, AMP will receive the remaining $50 million from ...

Frontier calls out structural super fund flaws

ANDREW MCKEAN  |  MONDAY, 30 OCT 2023
... minimum rates inevitably leads to subpar outcomes. "By definition, it minimises their income, impacting their quality of life, especially during the active early years of retirement, making budgeting challenging due to income variability, and often results ...

Adviser numbers steady, but shortfall predicted

CHLOE WALKER  |  MONDAY, 30 OCT 2023
With the number of financial advisers stabilised at around 16,000 after falling 43% from its December 2018 peak, forecasting by Rainmaker Information has sought to determine whether demand for advice over the coming decade can be met. According to Rainmaker ...

TelstraSuper launches retirement product

JAMIE WILLIAMSON  |  THURSDAY, 26 OCT 2023
TelstraSuper is now offering guaranteed income for life through a new retirement product it's partnered with Challenger on. TelstraSuper's RetireAccess Lifetime Pension provides guaranteed income for life and can be indexed for inflation or market-linked ...

Life insurance complaints drop 24%

KARREN VERGARA  |  WEDNESDAY, 25 OCT 2023
The number of life insurance complaints may have declined 24% in the 2023 financial year, but policyholders continue to complain about claims-handling delays and insurers peddling misleading information. According to the Australian Financial Complaints ...

Taskforce unveils recommendations for economic equality

KARREN VERGARA  |  MONDAY, 23 OCT 2023
... retirement. "Women are also more likely to rely on the Age Pension in retirement, given lower superannuation balances and longer life expectancies," the report said. Another recommendation pushes for the government to invest in policies and programs ...

Super fund, insurer admin issues draw AFCA complaints

KARREN VERGARA  |  MONDAY, 23 OCT 2023
Life insurers and superannuation funds continue to pin systemic issues on administrative and legacy systems that have drawn customer complaints and, in some cases, led to large compensation payouts, according to the Australian Financial Complaints Authority ...

Pepper Money launches SMSF loan offering

CASSANDRA BALDINI  |  MONDAY, 23 OCT 2023
Pepper Money has introduced a new offering, providing loans to self-managed superannuation funds (SMSFs) to purchase or refinance residential and commercial properties. With lending options up to $3 million, the 'super smart' loans are designed for ...

Mass-affluent population key to insurer sustainability: Report

JAMIE WILLIAMSON  |  FRIDAY, 20 OCT 2023
The world's 40 largest life insurers face huge sustainability challenges, as a new report shows they will see close to $13 trillion in outflows between now and 2040. Capgemini's World Life Insurance Report 2023 shows policyholders aged 65 and ...