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| | | A new survey from Capgemini found that Australian life insurers are stowed behind the global average when it comes to member engagement and educational efforts. According to Capgemini's The World Life Insurance Report 2027, which is based on a global ... |
| | | | ... decade, with women tipped to receive a significant share. This will include more than 1235 female spouses. The current average age of expected adult child heirs is 48 while the spouses are 66. Some 23% of expected adult child heirs already work alongside ... |
| | | | ... fund, while 27% who would consider an SMSF has remained unchanged since 2024. Members considering a switch were younger on average and more likely to work full-time, use a financial adviser or hold an SMSF. The leading reasons for switching included ... |
| | | | ... is that currently, the period between the CSLR notifying the minister of a funding shortfall and receipt of funds can average more than eight months. This ultimately contributes to delays in compensation payments to eligible consumers, including those ... |
| | | | ... were among the weakest performers, with 78% failing to beat the S&P/ASX 200, which gained 2.4% during the period. The average active fund returned 0.2% on an equal-weighted basis and 0.4% on an asset-weighted basis. If the trend continues, 2026 would ... |
| | | | ... Mental-health claims also tend to occur earlier in members' lives compared to other illnesses or injuries: 45 years old on average for mental health-related TPD and income protection claims versus 50 years old for those with non-mental health-related ... |
| | | | ... 18% to $170 per year, the super fund said. The announcement follows the reduction of investment fees last year and an average 12% drop in insurance fees across all cover types delivered on July 1 this year. Notably, the super fund also introduced an ... |
| | | | ... earlier, while net flows swing from a $11.2 billion inflow in the prior corresponding period to a $21.2 billion outflow. Average FUM, however, increased 1% to $231.1 billion, supported by market performance and a higher average fee realisation rate. ... |
| | | | ... health-related conditions, with mental illness and musculoskeletal conditions leading overall. Women, who were 49 years old on average, dominated income protection claims at 62%. AIA found women experience a significant impact from mental health and ... |
| | | | ... navigating those decisions without quality advice can be significant. ASFA estimates that for a typical 30-year-old earning an average wage, improving annual investment returns by just a quarter of a percentage point could translate to around $40,000 ... |
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