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Showing 331 - 340 of 994 results for "Premiums"

Free advice for bushfire victims

ELIZA BAVIN  |  MONDAY, 13 JAN 2020
... waiver form paying AMP life, total and permanent disability, trauma, income protection and business expenses insurance premiums. The package also includes the earl release of superannuation funds to help with expenses, but only for those whom the ATO ...

MLC Life Insurance under review

ELIZA BAVIN  |  TUESDAY, 7 JAN 2020
... subsidiaries in its business, with the majority based in the US and Japan. MLC Life brings in around $1.9 billion in insurance premiums each year, with around $5.8 billion in total gross assets, as of 31 December 2018. In May, Financial Standard reported ...

The super choice of the super wealthy

ELIZA BAVIN  |  WEDNESDAY, 1 JAN 2020
... UniSuper was the fund of choice for the nations' high-net wealth consumers. The super fund ranked seventh on the top-10 premiums brands list. This follows UniSuper ranking second in the Stockspot Fit Cat Super Funds earlier this year. Other brands ...

Practice profitability at risk: MLC Life

JAMIE WILLIAMSON  |  FRIDAY, 13 DEC 2019
... client's insurance needs increase, there is an increase in the cost of providing advice. For a simple policy with annual premiums of $1500, the upfront commission is already less than the cost to deliver advice. This issue is only exacerbated as the ...

Industry fund previews new insurance offering

JAMIE WILLIAMSON  |  TUESDAY, 3 DEC 2019
... earlier this year. Under the new mandate, Rest will roll out a renewed insurance offering on 1 April 2020 with insurance premiums changing in line with the new cover. There will be no change to members' cover until March 31 and, from April 1, the level ...

Life insurers lost $3.4b over five years: APRA

ELIZA BAVIN  |  TUESDAY, 3 DEC 2019
... unable to work due to illness or injury," Summerhayes said. "In a drive for market share, life companies have been keeping premiums at unsustainably low levels, and designing policies with excessively generous features and terms that, in some cases ...

Life risk insurance not profitable: KPMG

HARRISON WORLEY  |  FRIDAY, 22 NOV 2019
... declining profitability, benefit payments to policyholders had continued to increase in amount and as a percentage of premiums, with 62.9% of premiums paid as benefits in the first half of the year. The analysis also noted group insurance reported a ...

Retail fund renews insurer, cuts premiums

KANIKA SOOD  |  WEDNESDAY, 20 NOV 2019
A retail superannuation fund has reappointed OnePath as its insurer, and is trimming premiums by about 20%. Virgin Money Super has renewed OnePath Life for three years starting December 1. The mandate is for death, total and permanent disablement (TPD) ...

ASIC eyes claims handling

ELIZABETH MCARTHUR  |  TUESDAY, 19 NOV 2019
... definitions affect three claims a day and mean that these people are effectively paying for junk insurance." She said that the premiums charged on this junk insurance are needlessly eroding the super balances of Australians. Curtis said ASIC found a ...

Super fund bumps up premiums

JAMIE WILLIAMSON  |  MONDAY, 18 NOV 2019
Insurance premiums have risen by up to 21% for members of an industry superannuation fund. As of this month, First Super and its group insurer MetLife have bumped up the cost of death, TPD and voluntary income protection cover. According to the fund ...

Editor's Choice

Invesco launches new equity fund

ELIZA BAVIN
Invesco said the new fund will give Australian investors access to a systematic global equity strategy with a 20-year track record.

FCA pursues Neil Woodford again

KARREN VERGARA
The Financial Conduct Authority (FCA) is going after failed fund manager Neil Woodford again, this time for allegedly providing unauthorised investment advice via W4.0, his Dubai-based investment platform.

Former APRA deputy chair launches retirement solutions startup

KARREN VERGARA
A former APRA deputy chair has launched CipherIQ, a new venture that provides retirement solutions via account-based pensions in partnership with superannuation funds, financial advisers and retirees.

Global X launches space tech ETF

MATTHEW WAI
Global X has now launched the space tech ETF (ASX: MOON).

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