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Showing 331 - 340 of 2177 results for "Insurer"

Spirit Super negotiates premium drop

CASSANDRA BALDINI  |  MONDAY, 6 MAR 2023
The industry super fund has negotiated a new three-year rate guarantee with its group insurer MetLife, resulting in an almost 25% decrease to some premiums. Members will save about $51 million over the life of the agreement, Spirit Super said. Fees ...

Optimum Pensions urges super trustees to insure mortality risk

ANDREW MCKEAN  |  TUESDAY, 28 FEB 2023
... risk for trustees. Meanwhile, Orford explained that when insured against mortality risk, a manufacturer such as a life insurer or a super fund (although the latter is not allowed by APRA to carry its own mortality risk) can worry less about these risks. ...

Poor financial literacy worsens underinsurance problem

KARREN VERGARA  |  TUESDAY, 28 FEB 2023
... literacy is potentially making the underinsurance problem worse and puts women further behind, according to MetLife. The life insurer looked at the impact of financial literacy on Australians' financial health and wellbeing in its annual Value of ...

Super fund advice needs more guardrails: Conference

KARREN VERGARA  |  MONDAY, 27 FEB 2023
Loosening financial advice regulation under the Quality of Advice Review proposals would highly benefit superannuation fund members, but many are convinced that this only works in theory. The Quality of Advice Review chair Michelle Levy stuck to her ...

Australian Retirement Trust, AvSuper sign merger MoU

JAMIE WILLIAMSON  |  WEDNESDAY, 15 FEB 2023
... ART's extensive experience with defined benefit schemes and the fact that they both already share AIA Australia as insurer. "We are confident that this merger will be favourable to our members in the short and long term," AvSuper chair Ben Firkins ...

Zurich wins group insurance mandate

KARREN VERGARA  |  TUESDAY, 14 FEB 2023
... their insurance provider change to Zurich Financial Services Australia from 1 July 2023. Zurich replaces incumbent group insurer TAL. Zurich already provides group insurance to Brighter Super's energy industry division. Brighter Super chief executive ...

Value companies to outperform in 2023: VanEck

ANDREW MCKEAN  |  THURSDAY, 9 FEB 2023
VanEck portfolio manager Cameron McCormack forecasts a bright outlook for value companies in 2023, particularly among Australian equities. "We think value companies are likely to outperform in 2023," McCormack said. "We're entering a period that echoes ...

My mind has not been changed: Levy

CASSANDRA BALDINI  |  WEDNESDAY, 8 FEB 2023
Financial advisers and non-relevant providers should share the load when it comes to giving simpler financial advice, Michelle Levy maintains. As previously flagged in the draft proposals, Levy has suggested the Corporations Act be amended to provide ...

Regulation should be balanced: Levy

ANDREW MCKEAN  |  WEDNESDAY, 1 FEB 2023
Financial advisers need a balanced regulatory framework, says Michelle Levy, lead of the government's Quality of Advice Review (QAR). At an event hosted by PritchittBland, Levy said almost all stakeholders are unhappy with the current system; financial ...

Summerhayes named Zurich chair

CHLOE WALKER  |  MONDAY, 30 JAN 2023
... delighted and honoured to take on the new role. "Zurich occupies a unique position as a composite - life and general - insurer and my focus as chair will be to continue to work with our executive team, led by chief executive Justin Delaney, as we evolve ...