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Showing 171 - 180 of 513 results for "TPD"

Public super fund rejigs offering

KANIKA SOOD  |  WEDNESDAY, 17 JUN 2020
... least 12 continuous months. As a result, the fund has added default insurance cover for death and total permanent disability (TPD) cover for members who meet four conditions: discharged from service on or after July 6 (including 12 continuous months ...

TPB cracks down on 74 tax practitioners

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAY 2020
... there will be serious sanctions for those found guilty of misconduct and for those who fail to respond to enquiries from the TPD about the SAN misuse. "Misconduct or failure to adequately respond to the TPB's inquiries is a breach of the Code of Professional ...

Super advocate takes FSC to task over TPD tests

HARRISON WORLEY  |  THURSDAY, 21 MAY 2020
... eradicate "junk terms" from total and permanent disability insurance, after the Financial Services Council committed to ensuring TPD cover wouldn't be impacted if people lost their jobs or were stood down or working less hours as a result of COVID-19. ...

Industry fund swaps insurers

KANIKA SOOD  |  WEDNESDAY, 6 MAY 2020
... Super has chosen OnePath after a rigorous tender process, the fund told members, while notifying them of changes to death and TPD cover. The change builds from September last year when Energy Super transitioned its income protection from MLC to OnePath. ...

AustralianSuper increases premiums

JAMIE WILLIAMSON  |  THURSDAY, 9 APR 2020
... earlier this year and determined the need for premiums to go up. From May 30 death cover will increase by an average of 2.3%; TPD will go up by an average of 17%; and income protection will cost, on average, 19.3% more. "Whilst there is never a good ...

Statewide revises down investment objectives, ups fees

ELIZABETH MCARTHUR  |  TUESDAY, 31 MAR 2020
... Meanwhile, Statewide members will soon be paying cheaper insurance premiums. Death only premiums will reduce by 22.7%, death and TPD by 2.6% and income protection by 1.1%. Statewide's group insurance is provided by MetLife. "A number of months ago ...

ClearView restructures pricing as life sector struggles

HARRISON WORLEY  |  FRIDAY, 13 MAR 2020
... base premium rates for its stepped and hybrid premium lump sum cover, while also reducing size discounts for lower Life and TPD cover amounts, and for higher Trauma cover amounts. Across its stepped and hybrid income protection products the firm will ...

BT's transition not so super

KANIKA SOOD  |  MONDAY, 9 MAR 2020
... is in line with lower mortality rates and fewer financial dependents for members below 35, and allows for a higher level of TPD cover as the period of disablement would be longer. Member support services clogged The changes coincided with BT pulling ...

Group premiums rise 34%

ELIZA BAVIN  |  WEDNESDAY, 4 MAR 2020
... the insurance premiums that members pay," Defence Bank said. Both funds said for members with only death cover, or death and TPD cover, or those with income protection cover will see insurance premiums increase 34%. Crescent Wealth said the group insurance ...

Cbus overhauls insurance offering

JAMIE WILLIAMSON  |  MONDAY, 2 MAR 2020
Cbus is changing the way it calculates insurance premiums, with members set to pay more for death and TPD insurance cover. From April 1, Cbus members' insurance premiums will be based on their age in a move designed to more closely reflect what it costs ...