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Showing 151 - 160 of 380 results for "Insurance premiums"

Industry fund previews new insurance offering

JAMIE WILLIAMSON  |  TUESDAY, 3 DEC 2019
... earlier this year. Under the new mandate, Rest will roll out a renewed insurance offering on 1 April 2020 with insurance premiums changing in line with the new cover. There will be no change to members' cover until March 31 and, from April 1, the level ...

Super fund bumps up premiums

JAMIE WILLIAMSON  |  MONDAY, 18 NOV 2019
Insurance premiums have risen by up to 21% for members of an industry superannuation fund. As of this month, First Super and its group insurer MetLife have bumped up the cost of death, TPD and voluntary income protection cover. According to the fund ...

Default insurance likely to go: Silk

HARRISON WORLEY  |  FRIDAY, 15 NOV 2019
... panel discussion about the future of super at the ASFA Conference in Melbourne, Silk promoted his belief that insurance premiums were increasing across the industry as more Australians claim on their cover and less of those claims get denied. Silk said ...

Cbus enters corporate super

JAMIE WILLIAMSON  |  WEDNESDAY, 13 NOV 2019
... insurance discounts or special deals to large employers to get new deals," he said. "The new product has lower insurance premiums for office workers and allows CBUS to compete for employers that don't necessarily have high risk occupations or work ...

Industry fund hikes insurance premiums

JAMIE WILLIAMSON  |  WEDNESDAY, 30 OCT 2019
Insurance premiums will rise by as much as 60% from next week for members of a state-based industry superannuation fund. Insurance premiums paid by WA Super members will increase substantially from November 4 following a review by TAL, with the fund ...

Businesses warned to avoid dud funds

ELIZA BAVIN  |  MONDAY, 23 SEP 2019
... billion per year in fees, almost as much as we pay towards the aged pension. We pay another $10 billion in insurance premiums. A combined cost of $45 billion per year to our superannuation funds and the insurers they work with." A live poll conducted ...

Industry fund changes asset consultant

KANIKA SOOD  |  MONDAY, 29 JUL 2019
... effective July 1. The cap on administration fees of $1575 per year remained unchanged, as did the fund's insurance premiums and indirect cost ratios.

Member interests delay recommended

HARRISON WORLEY  |  WEDNESDAY, 24 JUL 2019
... affordable and efficient because it provided cover to all, and claimed 84 cents in every dollar collected in group insurance premiums was paid back in claims to members. According to the committee, an increase to insurance premiums as a result of the ...

Advice associations weigh in on member interests bill

HARRISON WORLEY  |  FRIDAY, 19 JUL 2019
... eye on some, but not all, matters. Both associations said they broadly support the bill's intent, noting insurance premiums can have a significant impact on the retirement outcomes of younger Australians, especially if the insurance is unnecessary. ...

Super fund increases fees

JAMIE WILLIAMSON  |  THURSDAY, 11 JUL 2019
... balance. LGIAsuper's cap on administration fees of $1575 per year remains unchanged, as do the fund's insurance premiums and indirect cost ratios.