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Showing 1691 - 1700 of 4774 results for "July 11"

Raiz hikes fees for low balances

KARREN VERGARA  |  TUESDAY, 2 JUL 2019
Raiz Invest is bumping up fees for low-balance customers from 1 August 2019. Monthly maintenance fees will increase to $2.50 for active account balances of less than $10,000. For accounts with equal to or greater than $10,000, the account fee is unchanged ...

MLC Super updates TPD cover, premiums

KARREN VERGARA  |  TUESDAY, 2 JUL 2019
MLC Super has changed the way it assesses total and permanent disablement (TPD) claims for all working members from 1 July 2019. For members who have worked for 13 months before lodging a claim, MLC Super will determine if the member is unable to work ...

Super fund introduces further group insurance changes

KARREN VERGARA  |  MONDAY, 1 JUL 2019
A $15 billion superannuation fund is making several changes to its group insurance offering in addition to the July 1 changes, which will see some members pay more for cover. CareSuper is moving from a unit-based cover for standard death and TPD insurance ...

Reforms see super fees in flux

HARRISON WORLEY  |  MONDAY, 1 JUL 2019
The PYS package, effective today, has forced the sector to consider changes to fee structures and group insurance premiums. With the package set to cap the amount of fees that can be charged to low-balance members and divert low-balance accounts deemed ...

Industry funds consider $22bn merger

JAMIE WILLIAMSON  |  FRIDAY, 28 JUN 2019
Two industry superannuation funds are considering merging to create a $22 billion superannuation fund. MTAA Super and Tasplan have entered into a binding Memorandum of Understanding to investigate a possible merger that would see the creation of a $22 ...

Sunsuper slashes fees

KARREN VERGARA  |  FRIDAY, 28 JUN 2019
The $67 billion superannuation fund is reducing some of its fees as part of the Protecting Your Super changes. From July 1, Sunsuper is slashing weekly fees for pension members from $3.00 to $1.50. It will also reduce investment fees for its default ...

Industry funds up premiums

KARREN VERGARA  |  FRIDAY, 28 JUN 2019
Members of two industry superannuation funds will be paying higher group insurance premiums from next week as the Protecting Your Super changes kick into gear. GuildSuper and Childcare Super, which are part of the $1.7 billion Guild Retirement Fund ...

Chief economist update: RBA justified to cut rates or not

BENJAMIN ONG  |  FRIDAY, 28 JUN 2019
There's no question about it, for sure and for certain the Reserve Bank of Australia (RBA) will cut interest rates again. RBA governor Philip Lowe told us so when he addressed the Committee for Economic Development of Australia (CEDA) event in Adelaide ...

Superannuation fund cuts fees

HARRISON WORLEY  |  THURSDAY, 27 JUN 2019
An ethical superannuation disruptor is the latest to adjust its fees before the Protecting Your Superannuation legislation hits. Future Super is cutting fees for low balance members. From July 1, the $400 million fund will remove the set dollar administration ...

Genetic tests no barrier to life insurance

ELIZABETH MCARTHUR  |  THURSDAY, 27 JUN 2019
A moratorium on genetic testing in the life insurance industry means that Australians can get up to half a million dollars of life cover without disclosing genetic tests. The Financial Services Council approved a moratorium on genetic tests in life ...