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Showing 1641 - 1650 of 7331 results for "Life"

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 ...

Former AFA chief in new role

KARREN VERGARA  |  TUESDAY, 6 JUL 2021
... as the AFA chief executive between March 2017 and April 2021. Prior to that, he was responsible for Zurich Australia's life, advice and investment business; his seven years there included serving as the general manager of life and investments for ...

Life insurance drives economy: Research

ANNABELLE DICKSON  |  TUESDAY, 6 JUL 2021
The life insurance industry has emerged as a key driver of global economic growth, new research shows. The latest MetLife Value of Life Insurance report aims to increase customer engagement and noted life insurance provides stable, long-term investment ...

Westpac sells NZ life business

JAMIE WILLIAMSON  |  TUESDAY, 6 JUL 2021
Westpac announced the sale of its New Zealand life insurance arm, finding a buyer in Fidelity Life Assurance, which is backed by NZ Super Fund. The institution is selling the life insurance division for NZ$400 million ($373 million) in addition to a ...

More advisers exit in June

KARREN VERGARA  |  MONDAY, 5 JUL 2021
Some 450 financial advisers left the industry in the last month of the financial year, taking the total population to 19,544, latest ASIC data shows. As at July 1, AMP Financial Planning finished the financial year with 690 advisers, while The SMSF ...

Superannuation complaints down 31%: AFCA

KANIKA SOOD  |  MONDAY, 5 JUL 2021
... complaints received by the Australian Financial Complaints Authority (AFCA) related to account administration, followed by group life insurance (30%) and super death benefit distribution (about 13%). The most complained-about super funds for FY20 were ...

Carnegie launches second crypto fund

ELIZABETH MCARTHUR  |  MONDAY, 5 JUL 2021
... "In the past year, we've seen the crypto market dominated by retail investors who want to buy Bitcoin and [hold on for dear life] in the hope of enormous returns. With so many new investors buying into these incredibly volatile assets, huge price anomalies ...

Retail funds blitz personal-balanced options

KARREN VERGARA  |  FRIDAY, 2 JUL 2021
Retail superannuation funds delivered the best performance in the personal-balanced category in Rainmaker's latest analysis of MySuper funds. Wholesale personal super product - FirstChoice Wholesale Multi-Index Growth - returned 23.7% per annum ...

UHNWs drive record luxury real estate demand

ELIZABETH MCARTHUR  |  THURSDAY, 1 JUL 2021
According to research from Knight Frank, it's never been a better time to be a property developer or real estate agent catering to the needs of the super-rich. Demand for prime residential properties in Australia is at an all-time high, and Knight Frank ...

AIA appoints head of strategic partnerships

KANIKA SOOD  |  WEDNESDAY, 30 JUN 2021
The life insurer has hired a head of strategic partnerships, who will be responsible for its master trust clients. Harumi Hancox has worked in group insurance for 25 years, most recently as the head of group life consulting services at IFS Insurance ...