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Showing 161 - 170 of 987 results for "Death"

The boomer boom is over: AUSIEX

CHLOE WALKER  |  TUESDAY, 27 JUN 2023
... 2028," the report said. "It doesn't stop there. In 2027, the first of the Baby Boomers will reach their statistical age of death (81 years for men and 85 years for women)." The report found that the decline and exit of the Boomers from the workforce ...

More pension funds, insurers impacted by MOVEit mass-hack

JAMIE WILLIAMSON  |  TUESDAY, 27 JUN 2023
... customers was stolen. In some good news, the Sacramento County Employees' Retirement System said that while it uses the death audit services of Berwyn Group, which recently merged with PBI, none of its member data was accessed in the hack. Law firms ...

Anti-hawking laws could dampen super fund advice: Academic

KARREN VERGARA  |  TUESDAY, 27 JUN 2023
... is told the super fund provider is "high risk" and scares the member into thinking funds will go to the government upon death. The member is then sent application forms to switch funds and invoiced for advice that was not provided. The member is then ...

TelstraSuper introduces new option, drops premiums

JAMIE WILLIAMSON  |  MONDAY, 26 JUN 2023
... fund said the smallest saving is still 11.5%. TelstraSuper has also secured another three years of "competitive rates" for death and TPD cover, it said. TelstraSuper head of insurance and claims Fiona La Greca described it as a great outcome for members. ...

Cyber breach claims CalPERS member data

JAMIE WILLIAMSON  |  THURSDAY, 22 JUN 2023
More than 750,000 retired members of one of the world's largest pension funds have had their personal information accessed in a cybersecurity breach. The California Public Employees' Retirement System (CalPERS) is alerting its retired members and their ...

ESSSuper reduces admin fees, renews insurance mandate

JAMIE WILLIAMSON  |  MONDAY, 5 JUN 2023
... with AIA Australia, saying that it negotiated 10 policy changes to the benefit of members and at no extra cost. Changes to death and TPD cover include replacing the two-year pre-existing condition exclusion with 30 consecutive days of employment from ...

Melissa Caddick declared dead by coroner

JAMIE WILLIAMSON  |  FRIDAY, 26 MAY 2023
... as much as $30 million. Three months later, her decomposed foot washed up on a beach on the NSW South Coast. Her cause of death could not be determined by autopsy and remains unknown, the coroner said. And, while oceanographic evidence rendered to the ...

AFCA outlines systemic issues in wealth management

ANDREW MCKEAN  |  TUESDAY, 23 MAY 2023
... uphold its legislative obligation to deliver MySuper fund members with insurance benefits, including permanent incapacity and death insurance. Superannuation law requires firms to provide these insurance benefits to fund members, unless they elect to ...

AMP fined $24m for charging deceased customers

KARREN VERGARA  |  FRIDAY, 19 MAY 2023
The Federal Court found AMP guilty of charging deceased customers life insurance premiums and advice fees, ordering it to pay $24 million in penalties. Justice Hespe today determined that four AMP subsidiaries - AMP Life, AMP Financial Planning, AMP ...

Australian Retirement Trust reduces fees, ups premiums

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2023
... existing pricing. Meanwhile, the fund is also increasing its insurance premiums quite significantly. For male members, standard death and TPD Assist premiums will increase an average of 26.6%. Those with optional income protection cover will see an increase ...