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Showing 2231 - 2240 of 7047 results for "Insurance"

Super fund increases premiums

KARREN VERGARA  |  FRIDAY, 31 MAY 2019
A $1.5 billion superannuation fund will increase life insurance premiums as a result of the Protecting Your Super Package reforms. New and existing REI Super members will pay more for death and TPD cover from 1 July 2019. They join the ranks of AustralianSuper ...

Advice dealer group shutters

HARRISON WORLEY  |  FRIDAY, 31 MAY 2019
More than 30 financial advisers are left without a home as Spectrum Wealth Advisers shuts up shop. Freedom Insurance Group has today revealed Spectrum will close earlier than originally intended as it can no longer meet a "key person" requirement of ...

Life insurers post strong March quarter

KANIKA SOOD  |  FRIDAY, 31 MAY 2019
Latest APRA life insurance stats show the life insurance industry turned a $536 million net profit after tax in the first three months of 2019 after a loss-making December quarter, but full-year results are still bleak. The industry reported a net profit ...

Super funds can spearhead infrastructure: Expert

HARRISON WORLEY  |  WEDNESDAY, 29 MAY 2019
... jettison their wealth management operations was mathematical. The big banks certainly tried the wealth management and life insurance route, but for various reasons it hasn't worked out, he said. "But at the end of the day if they're not getting ...

Banks sluggish on Indigenous financial inclusion

KARREN VERGARA  |  WEDNESDAY, 29 MAY 2019
... Most had a bank account or used someone else's account. This means many did not use or have access to credit or insurance, or would turn to high-cost credit from pawn brokers or payday loans more than other non-Indigenous people, the report found. ...

Mercer hires investment strategy lead

KARREN VERGARA  |  WEDNESDAY, 29 MAY 2019
... four years at Suncorp as executive manager of investment strategy and portfolio management, overseeing $18 billion in insurance assets. Prior to this, Moore was based in London where he led investment strategy roles at Russell Investments, and pension ...

British MPs prod own pension fund

KANIKA SOOD  |  WEDNESDAY, 29 MAY 2019
... would be useful to look at challenges around some investment regulations, including how major investors, such as large insurance companies that manage huge pension assets, could be allowed to invest more money almost in creating businesses to invest ...

ASIC names new default super fund

JAMIE WILLIAMSON  |  TUESDAY, 28 MAY 2019
... demonstrate an ability to reach that milestone by July 2021. The ability to provide TPD, death and income protection insurance cover was also a requirement. As at January this year, just 28 of the 82 super funds offering a MySuper product fit the bill ...

Fintechs to play vital ESG role: AXA

ELIZABETH MCARTHUR  |  MONDAY, 27 MAY 2019
... responding to this demand and preparing for the effects of climate change. "We're starting to use information from AXA's insurance business to understand geolocation of assets so that we can create a physical risk approach. You have to think about supply ...

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 ...