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Showing 1871 - 1880 of 7046 results for "Insurance"

Early super access impact double Treasury estimates

HARRISON WORLEY  |  FRIDAY, 27 MAR 2020
... to withdrawing $20,000 tax-free from their retirement savings before retirement age, including the forfeiture of life insurance if a member leaves their super fund as a result. Additionally, the withdrawals will occur while asset prices are low, meaning ...

No time to look back

ELIZA BAVIN  |  FRIDAY, 27 MAR 2020
... monetary tightening in the US but was accelerated as market falls triggered more falls as a result of so-called portfolio insurance at the time." Oliver said the 1987 crash had no economic fallout at the time, with growth continuing in the US and Australia ...

ATO called to assist in early release super scheme

ELIZA BAVIN  |  THURSDAY, 26 MAR 2020
... pressures people, their families and their communities face," Grace said. "We know large parts of the community have insurance through their super fund. We want people to have access to their funds, to help them through very difficult times, but it is ...

Chief economist update: COVID-19 eating into jobs

BENJAMIN ONG  |  THURSDAY, 26 MAR 2020
... from a general slowdown in economic activity is, of course, unemployment. Latest available data show that unemployment insurance claims - a leading indicator of unemployment - jumped by 70K to 281K in the week ended March 14. Still peanuts when you consider ...

TAL reviews life distribution team

JAMIE WILLIAMSON  |  WEDNESDAY, 25 MAR 2020
The major life insurer has confirmed several roles within its life insurance distribution team have been made redundant as a result of a restructure. A spokesperson for TAL has confirmed to Financial Standard that a recent review of its business units ...

Industry funds face reality of COVID-19 shutdown

ELIZABETH MCARTHUR  |  WEDNESDAY, 25 MAR 2020
... March 20, Club Plus wrote to members saying it had a number of enquiries from clubs about whether members with income insurance could claim if their employer was forced to close due to the pandemic. "Income protection insurance is not business interruption ...

Australian Unity investment boss to lead Mercer

HARRISON WORLEY  |  TUESDAY, 24 MAR 2020
... president David Anderson, Bryant will replace the firm's outgoing boss Ben Walsh, who will join AIA Australia as chief life insurance officer in June. Anderson said Bryant's 28 years of experience across the financial services industry made him the right ...

New role for Mercer chief

HARRISON WORLEY  |  TUESDAY, 24 MAR 2020
... executive leadership of one of the nation's largest life insurers. AIA Australia have appointed Walsh as chief life insurance officer, a newly created role that will see the long-time Mercer boss drive the direction of AIA's life insurance arm, which ...

Former ANZ adviser banned

ELIZA BAVIN  |  TUESDAY, 24 MAR 2020
... providing personal advice," the regulator said. ASIC said for one client, Hilsley recommended replacing superannuation and insurance products without taking the client's pre-existing medical condition into account. "As a result, a loading was added to ...

Early release better than SG freeze

KANIKA SOOD  |  MONDAY, 23 MAR 2020
... balances. If they avail the $10,000 early release twice by the end of the year, they might slip close to their life insurance opt-in threshold. Grattan Institute household finances program director Brendan Coates said while he can't comment on the ...