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Showing 251 - 260 of 380 results for "Insurance premiums"

Industry fund reduces insurance premiums

DARREN SNYDER  |  WEDNESDAY, 6 JUL 2016
... is reducing its premiums for death and TPD insurance by about 15%. NESS Super said at a time when super fund insurance premiums are mostly rising, it is pleased to be bucking the trend. The premium reduction came in to effect 1 July 2016, and follows ...

Super insurance premiums rise again

MARK SMITH  |  TUESDAY, 28 JUN 2016
Insurance premiums within superannuation have increased again across the market resulting in reduced value for members, according to the latest research report from Rainmaker. On average, premium rates for the standard Death and TPD cover increased ...

Retirees face deflationary conundrum

DARREN SNYDER  |  THURSDAY, 2 JUN 2016
... increase in the cost of pharmaceuticals, health and medical services for retirees. ASFA's research also shows insurance premiums rose by 1.7% during the quarter. Over the last 12 months insurance premiums have increased by 5.2%. ASFA chief executive ...

Energy Super to offer Mercer LifetimePlus

MARK SMITH  |  MONDAY, 23 MAY 2016
... capital returns paid half-yearly after 15 years. It is an income for life from an account based pension with no insurance premiums. Energy Super chief executive Robyn Petrou said LifetimePlus offered more affordable longevity risk protection compared ...

ASIC accepts EU of former adviser

KERRIE SYDEE  |  WEDNESDAY, 18 MAY 2016
... insurance cover sought was in his clients' best interests, recommended cover where clients were unable to afford insurance premiums and failed to "demonstrate the ability, professional skills and knowledge required to competently provide financial services." ...

PROFILE: Mercer senior partner David Knox

DARREN SNYDER  |  MONDAY, 16 MAY 2016
... longevity pool where the risk of outliving savings is shared among retirees. With no third-party shareholder and no insurance premiums, all profits go to the participants. "I think it's fair to say account-based pensions are popular in Australia, so ...

CommInsure portfolio exec leaves for MetLife

ALEX BURKE  |  THURSDAY, 10 MAR 2016
... net profit after tax to insurers. The group sector is, however, currently facing concerns about rising group insurance premiums due to a rise in claims. However, research suggests that total in-force premiums will continue to rise - DEXX&R predicted ...

Narev apologetic in face of CommInsure allegations

MARK SMITH  |  MONDAY, 7 MAR 2016
... mistakes. If we do make a mistake, we will apologise and put it right." CommInsure collects about $2.5 billion in insurance premiums per year. In 2015 it paid out $850 million of life and income protection payments to 22,000 people and their families. ...

Life insurance profits leap 31pct

MARK SMITH  |  TUESDAY, 16 FEB 2016
... increased profits come despite the fact that investment returns have dropped and following a period of rising group insurance premiums as insurers have warned about rising claims. Segregated by product type, net profit after tax for Risk products was ...

Choice of super fund won't always work: REST

DARREN SNYDER  |  FRIDAY, 8 JAN 2016
... retirement savings. This would "ensure their savings are not unnecessarily eroded by multiple sets of fees and insurance premiums." The Assistant Treasurer added the government is keen to see higher governance standards in super as it believes situations ...