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Showing 231 - 240 of 676 results for "Lifetime"

Perpetual rejigs WealthFocus fees

KANIKA SOOD  |  TUESDAY, 3 NOV 2020
... advisers. About 5,853 advisers use it, giving it a 6.5% market share. It follows Colonial First State and AMP Flexible Lifetime, according to Rainmaker data at September end.

Life insurers recognised for innovation

KARREN VERGARA  |  TUESDAY, 3 NOV 2020
... for Life Companies and the Income Protection Award (My Protection Plan - IP Cover). TAL took home the Term Life Award (Lifetime Protection). The new Debt Insurance Award went to MLC Life (Debt Insurance) and new Tailored Medical Sector Award went to ...

Legacy AMP Life policyholders take premium hit

ELIZABETH MCARTHUR  |  FRIDAY, 23 OCT 2020
... owned and managed by Resolution Life group." AMP Life's $3 billion sale to Resolution Life was completed in July. The lifetime income protection product impacted by these premium increases is a legacy offering. However, AMP Life is reviewing premiums ...

BT cuts fees, premiums for super members

ELIZABETH MCARTHUR  |  FRIDAY, 9 OCT 2020
... said. BT Super members with essential cover for death and TPD will enjoy a premium decrease of 8.4%. Those with BT Super Lifetime Insurance death and TPD cover will have a decrease of 11.1%. The biggest decrease in premiums is for BT Super Tailored Cover ...

Super industry cautious on more reform

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
The financial services industry and business community in Australia has responded in a generally positive manner to the government's 2020-2021 budget, but the super sector is so far cautious in its response. Australian Institute of Superannuation Trustees ...

Super funds squander member money: Bragg

KARREN VERGARA  |  THURSDAY, 24 SEP 2020
... potentially get the benefit of earlier access to their first home, but the price they pay in terms of missing out on a lifetime of compound interest is just too high," Mulino said. "The system should evolve to cater to diverse needs. Almost no other ...

Increased SG equals increased fees: Research

ELIZA BAVIN  |  FRIDAY, 11 SEP 2020
... at the University of Sydney, found that increasing the SG will charge the typical worker and extra $28,000 over their lifetime. The research said at the current 9.5% compulsory contribution rate, Australia's superannuation system is already an unbelievably ...

Super fund axes AMP Capital mandate

JAMIE WILLIAMSON  |  THURSDAY, 10 SEP 2020
... Leaders Balanced Fund off of the investment menus for its own super members. AMP super members in CustomSuper, Flexible Lifetime, AMP Flexible Super, SignatureSuper, SignatureSuper Select, SuperLeader and the Woolworths Group Superannuation Plan were ...

Challenger launches new lifetime annuity

KANIKA SOOD  |  MONDAY, 24 AUG 2020
Challenger has launched a new lifetime annuity with payments linked to the cash rate. The RBA Cash Linked option is the first lifetime annuity in Australia to be linked to the cash rate, according to the firm. Challenger also offers lifetime annuities ...

Chief economist update: Gone fishing

BENJAMIN ONG  |  MONDAY, 24 AUG 2020
"Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for a lifetime." Reserve Bank of Australia (RBA) governor Philip Lowe didn't exactly quote this proverb when he testified before the House of Representatives Standing ...