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Showing 211 - 220 of 1389 results for Alex Dunnin

APRA issues warning on group risk

ALEX DUNNIN  |  MONDAY, 13 JAN 2014
Insurance regulator the Australian Prudential Regulation Authority (APRA) has issued a warning that while the overall life insurance is in reasonable financial shape, sustained pressure on the group risk sector is becoming a strategic threat that insurers ...

FUM, Super, platforms all end year on high note

ALEX DUNNIN  |  MONDAY, 16 DEC 2013

APRA issues draft group insurance PPG

ALEX DUNNIN  |  TUESDAY, 10 DEC 2013
APRA has written to life insurance chief executives announcing a new draft Prudential Practice Guide (PPG) for how they should handle operational and business issues and risks surrounding group insurance sold to super funds. The regulator said the PPG ...

Expected retirement age slowly going up

ALEX DUNNIN  |  TUESDAY, 10 DEC 2013
Despite the policy push for increasing the retirement age, most Australians are still retiring in their early fifties even though more future retirees expect to have to keep working beyond age 70. The average age of retirement in Australia in 2012-13 ...

FSS increases insurance premiums

ALEX DUNNIN  |  FRIDAY, 6 DEC 2013
First State Super has announced a significant increase in premiums in response to rising concerns that fundamentals in the insurance sector are experiencing a major correction. The price increase to the fund's primary insurance category, the white collar ...

MySuper authorisations hit 99

ALEX DUNNIN  |  TUESDAY, 3 DEC 2013
AMG Super and Rio Tinto are the two latest MySuper authorisations, taking to 99 the total number of MySuper authorised funds. AMG Universal Super, which operates workplace, personal and retirement products, has its MySuper authorised through Trust Company ...

Performance, fees still major retention risk

ALEX DUNNIN  |  FRIDAY, 29 NOV 2013
Dissatisfaction with performance and fees is still the biggest risk to member retention for retail funds while for industry funds changing employers is the biggest risk to retention, reveals the latest Roy Morgan Research's superannuation and wealth ...

People aged 85+ to triple by 2040

ALEX DUNNIN  |  TUESDAY, 26 NOV 2013
Just released updated population projections from the Australian Bureau of Statistics (ABS) forecasts that by 2040 the number of people aged 65 or more will double and number aged 85 or more will triple. "The number of people 65 and over is projected ...

MySuper authorisations nears 100

ALEX DUNNIN  |  TUESDAY, 26 NOV 2013
There are now 97 MySuper products authorised, with all major employer super brands seemingly well positioned for the 1 January 2014 deadline. Significantly, Mercer's SmartPath and Russell's MySuper authorisations are now in place meaning that more than ...

Lift aged pension to 70: Productivity Commission

ALEX DUNNIN  |  FRIDAY, 22 NOV 2013
With Australia's population on track to reach 38 million by 2060, the Productivity Commission has released a research paper that warns now is the time to plan the policy responses that will be needed to cope with these demographic and economic changes. ...