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Showing 291 - 300 of 501 results for "Group Insurance"

Insurance in super must be maintained: AIA

JAMIE WILLIAMSON  |  WEDNESDAY, 21 DEC 2016
... newly-established industry group - the Insurance in Superannuation Working Group - has formed to improve the standard of group insurance, arguing that it's vital in protecting Australians who are unable to afford individual cover. ISWG will focus on ...

Group insurance critical: FSC

KERRIE SYDEE  |  THURSDAY, 8 DEC 2016
Insurance within superannuation is critical to curbing Australia's underinsurance problem, with group insurance giving more than nine out of 10 working Australians cover they wouldn't necessarily otherwise have. Submitting to the Parliamentary Joint ...

Super disputes kept aside in Treasury review

DARREN SNYDER  |  WEDNESDAY, 7 DEC 2016
... the industry develop a Code of Practice for superannuation, augmenting the code of practice being developed for group insurance in superannuation," Fahy said. "Further, while the review supports a last resort compensation scheme, it is worth acknowledging ...

Super funds lagging on group insurance

ALEX BURKE  |  MONDAY, 14 NOV 2016
Federal Minister for Revenue and Financial Services Kelly O'Dwyer stressed the importance of "balancing the offering of insurance inside superannuation" in her speech at the 2016 Association of Superannuation Funds of Australia conference. She noted ...

MLC bolsters group insurance team

KERRIE SYDEE  |  TUESDAY, 8 NOV 2016
MLC Life Insurance is renewing its focus on group insurance with five key appointments. MLC is expanding the team to include experienced price actuaries, insurance product experts and relationship managers all with institutional client experience. The ...

New life insurance standards for super

KERRIE SYDEE  |  THURSDAY, 3 NOV 2016
... with improvements to industry practice to be progressively delivered throughout 2017. The group will build on the Group Insurance Statement of Intent, outcomes from a roundtable of key stakeholders held in Canberra on 10 October and the Life Insurance ...

APRA marks New Year priorities

JAMIE WILLIAMSON  |  TUESDAY, 1 NOV 2016
... events in the future," APRA chairman Wayne Byres said. The report highlights that, despite mixed experiences across group insurance, the life insurance industry is well capitalised, with marked improvement in its resilience to market volatility. Meanwhile ...

AMP implements significant insurance changes

KERRIE SYDEE  |  FRIDAY, 28 OCT 2016
... reflect retail income protection experience losses of $18 million, retail lump sum experience losses of $8 million, group insurance claims experience losses of $12 million and lapse experience losses of $6 million. AMP chief executive Craig Meller said ...

Industry bodies united on group insurance

JAMIE WILLIAMSON  |  MONDAY, 10 OCT 2016
... Life Insurance Code of Practice, industry bodies have collectively reinforced their beliefs on the purpose of group insurance in superannuation. The Association of Superannuation Funds of Australia (ASFA), the Australian Institute of Superannuation Trustees ...

Super inefficiencies coming to the fore

DARREN SNYDER  |  TUESDAY, 20 SEP 2016
... Association of Financial Advisers (AFA) chief executive Brad Fox said differences in how claims are managed amongst group insurance policies is inefficient. "A lack of transparency in how claims are handled impacts on competition when superannuation ...