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Showing 191 - 200 of 492 results for "Group insurance"

Super fund overhauls group insurance cover

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2019
A $72 billion superannuation fund is introducing a number of changes to its group insurance policies, as well as its products and investment options in line with the Protecting Your Super reforms. QSuper is making changes to income protection waiting ...

Super fund increases premiums

KARREN VERGARA  |  FRIDAY, 31 MAY 2019
... letter read. The super fund announced last year it was reducing select insurance premiums after renegotiating its group insurance mandate. It also slashed the administration fee on its pension account.

Government to revisit retirement incomes

KARREN VERGARA  |  MONDAY, 27 MAY 2019
... establishing a 'best in show' list of super funds; and for members under 25 years of age to be able to opt-in to group insurance. The Productivity Commission deliberated in the final report some of the potential advantages and issues of implementing ...

MLC Life wins group insurance mandate

KARREN VERGARA  |  WEDNESDAY, 22 MAY 2019
MLC Life Insurance has won a group insurance mandate from a $6 billion superannuation fund. It will replace AIA Australia. Maritime Super members will be covered for death, TPD and income protection insurance under a new agreement with MLC Life that's ...

Super fund names new life insurer

KARREN VERGARA  |  MONDAY, 13 MAY 2019
... tailored, value for money insurance solutions and supporting their members when they need us most." TAL recently won a group insurance mandate from $51 billion superannuation fund Rest, replacing AIA Australia. The former Queensland local government ...

TAL restructures retail arm, announces job cuts

KARREN VERGARA  |  TUESDAY, 7 MAY 2019
... usual, and there will be no change to the way they interact with us and we service them." In terms of Asteron's group insurance book, the company did not comment on its fate. The group's chief executive and managing director Brett Clark said ...

Industry fund awards group insurance mandate

KARREN VERGARA  |  FRIDAY, 3 MAY 2019
A $51 billion superannuation fund has awarded a group insurance mandate to TAL, ending a 15-year relationship with AIA Australia. Rest entered a Memorandum of Understanding with TAL to provide life insurance from 1 December 2019. TAL will replace AIA ...

Insurance expert joins $33bn super fund

KARREN VERGARA  |  TUESDAY, 23 APR 2019
A $33 billion superannuation fund appointed a group insurance expert as its new head of insurance. Shane Fielding joins Hostplus from insurance broking and consulting firm IFS Insurance Solutions, where he spent nearly 12 years in senior roles. Fielding ...

Regulators name laggard life insurance providers

KARREN VERGARA  |  MONDAY, 1 APR 2019
... regulators found. AMP (eight months) and Westpac (three months) take the longest to process death claims within group insurance, while TAL and AIA Australia are the most efficient (four weeks each), according to the ASIC and APRA analysis. As for TPD ...

Treasury proposes standardised default insurance definitions

KARREN VERGARA  |  FRIDAY, 29 MAR 2019
Commissioner Kenneth Hayne's push to have standardised terms and definitions for group insurance is open for consultation until April 26. Treasurer Josh Frydenberg is taking recommendation 4.13 from the Royal Commission's final report further by determining ...