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Showing 211 - 220 of 987 results for "Death"

Hume refreshes super co-contribution laws

KARREN VERGARA  |  TUESDAY, 21 DEC 2021
... super co-contribution payments. It will also exclude such payments that only provide terminal medical condition benefits or death-only or incapacity benefits. Excluding these identifies insurance-only accounts. Otherwise, government co-contributions ...

Avanteos faces criminal charges over deceased super members

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 DEC 2021
... early 2016, Avanteos received legal advice that it did not have authority to deduct fees from super members after their death. Despite this, Avanteos continued deducting these fees until May 2018. During this period, disclosure statements for 18 super ...

Intergenerational transfer hits $1.5tn

KARREN VERGARA  |  TUESDAY, 7 DEC 2021
... Commission finds. In 2018 alone, nearly 90% of the $100 billion transferred was in the form of inheritances passed on following death. Children of the deceased were the major recipients, while the remainder went to a surviving spouse or to other family ...

Industry fund cuts premiums

ELIZABETH MCARTHUR  |  MONDAY, 29 NOV 2021
... premiums by more than 17%. REI Super informed members premium rates will decrease by 17.5% for income protection and 3.3% for death and total and permanent disability (TPD) insurance. "We continuously work with our insurer MetLife and have negotiated ...

APRA hones in on post-retirement products

KARREN VERGARA  |  TUESDAY, 23 NOV 2021
... pass to future generations," the RIR report read. By 2059, the review estimated that about $130 billion in superannuation death benefits will be paid out - a whopping increase from the $17 billion in 2019. "This is not great for retirees, who may be ...

ASIC outlines ROA guidance

ANNABELLE DICKSON  |  FRIDAY, 5 NOV 2021
... new mortgage or significant increase or decrease in debt, a new baby, divorce or separation, the sale of a business or the death of a partner. Other things ASIC clarifies include the fact that an ROA can be in the form of a video or audio recording ...

Economic recap: Week to October 29

BENJAMIN ONG  |  MONDAY, 1 NOV 2021
... out of 223). But before you cry fake news - because New Zealand has a small population - the country's infection and death rates per a million heads also tell the same story. New Zealand's total cases per one million of its population is 0.1% ...

ASIC sues former Freedom Insurance staff

KARREN VERGARA  |  MONDAY, 25 OCT 2021
... products issued by Swiss Re Life and Health Australia, including final expenses cover (a type of life cover), accidental death cover and accidental injury cover. Some of the incentives sales agents could qualify for included overseas holidays and a Vespa ...

Economic recap: Week to October 22

BENJAMIN ONG  |  MONDAY, 25 OCT 2021
... the world and yet inflation remained dead. So much so that in its 13 April 2013 publication, The Economist printed "The death of inflation" with the tagline "Central banks in the rich world may have been too successful in subduing price pressures". The ...

Christian Super enhances insurance offering

JAMIE WILLIAMSON  |  TUESDAY, 19 OCT 2021
... assistance or adaptation. Members under 30 years old will also now receive the same amount of default TPD cover as they do death cover. Currently they receive more TPD cover as this age cohort has typically needed more TPD cover than death cover in the ...