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Showing 301 - 310 of 994 results for "Premiums"

Almost $1bn wiped off risk market

ELIZABETH MCARTHUR  |  WEDNESDAY, 6 MAY 2020
... down 7.8%, MLC was down 4.3%, BT/Westpac recorded negative inflows of 4% and Zurich lost 3.5%. Total sales of new risk premiums were similarly down, with Plan For Life observing a 3.9% drop. Again, TAL was the best performer in this area. TAL had a 202.1% ...

AMP hangs on to AFLPA mandate

KANIKA SOOD  |  MONDAY, 4 MAY 2020
... Wade said. "The quality and flexibility of AMP's insurance offer, competitive investment management fees and insurance premiums, investment performance, diversified MySuper portfolios, and AMP's comprehensive financial wellness and education programs ...

ASIC urges insurance flexibility

ELIZA BAVIN  |  TUESDAY, 28 APR 2020
... dealing with consumers' specific circumstances." The regulator said in circumstances where a consumer is not able to pay premiums due to financial hardship stemming from COVID-19 the industry is expected to help consumers keep key coverage. "This might ...

MLC Life executive joins AFCA

HARRISON WORLEY  |  FRIDAY, 17 APR 2020
... businesses." Separately, AFCA's decision to award a refund to QSuper member Tommy Lam on two and a half years' worth of overpaid premiums has been appealed in the Federal Court by the giant Queensland super fund. Last Thursday, the court dismissed QSuper's ...

QSuper board takes AFCA decision to court

KANIKA SOOD  |  THURSDAY, 16 APR 2020
QSuper has appealed against an AFCA decision favouring a member complaint seeking a refund on insurance premiums in the Federal Court. QSuper member Tommy Lam last year successfully complained to the Australian Financial Complaints Authority (AFCA) ...

AustralianSuper increases premiums

JAMIE WILLIAMSON  |  THURSDAY, 9 APR 2020
Australia's largest superannuation fund is bumping up insurance premiums from May 30, less than a year on from the last increase. In a communication sent to members, AustralianSuper said the annual review of the fund's insurance offer was conducted ...

ClearView promotes resilience

HARRISON WORLEY  |  THURSDAY, 9 APR 2020
... value impacts, adverse impacts on the delivery of key projects and reduced sales, elevated lapses and the suspension of premiums. According to the wealth manager, its regulatory capital "appears resilient" to each scenario. "These will continue to be ...

COVID-19 to push life premiums up: Rice Warner

HARRISON WORLEY  |  WEDNESDAY, 8 APR 2020
... accelerate and scale up changes already underway to the range of products offered in the local market, including higher premiums across retail and group insurance offerings. According to the firm, the COVID-19 pandemic is raising many questions of life ...

How PYS changes caused 34% premium hikes

ELIZABETH MCARTHUR  |  THURSDAY, 2 APR 2020
Significant hikes in group insurance premiums have been put down to the Protecting Your Super reforms - with members of four superannuation funds facing premium increases of 34%. Members of Crescent Wealth Super, Members of Defence Bank, Bankfirst and ...

PMIF sees premiums rise for first time in 12 years

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 APR 2020
The $30 billion industry fund for emergency services workers has had to increase its insurance premiums for the first time in 12 years as a result of the Putting Members Interests First legislation. ESSSuper put insurance premiums on death only and ...