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Showing 341 - 350 of 2285 results for "Premium"

AIA launches retail rewards program

KARREN VERGARA  |  TUESDAY, 18 APR 2023
AIA Australia has launched an incentive program for new retail clients in a bid to encourage healthy behaviours. The insurer offers Healthier Life Reward to new customers who are non-smokers with a body mass index between 18-26 and have no medical loading. ...

Budget all about responsible economic management: Chalmers

CASSANDRA BALDINI  |  FRIDAY, 14 APR 2023
... enters a perilous phase, the challenges ahead remain serious. "We work through them in a methodical way, there'll be a premium in the budget on what's responsible and sustainable," he said. "It will be all about providing responsible cost-of-living ...

AustralianSuper to decrease premiums

JAMIE WILLIAMSON  |  MONDAY, 27 MAR 2023
... will soon see the cost of their death and TPD cover drop. About 97% of AustralianSuper's insured members will receive a premium reduction across death, total and permanent disability, and some income protection policies from May 27. The weekly cost of ...

BT to wind up Retirement Wrap

JAMIE WILLIAMSON  |  FRIDAY, 24 MAR 2023
As it readies part of its superannuation business for transfer to Mercer, BT is consolidating its remaining funds. BT is in the process of merging its corporate and personal superannuation business with Mercer, following an announcement in May 2022. ...

Mergers, performance dim super satisfaction: Survey

KARREN VERGARA  |  FRIDAY, 24 MAR 2023
... players look to increase the amount of assets they have under management in an increasingly competitive industry. The premium on maintaining a high degree of customer satisfaction and providing better investment returns will only increase." Those who ...

Still work to be done on group insurance: ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 22 MAR 2023
... cover at some funds versus others, it found. ASIC said all 15 trustees now do some monitoring of member outcomes, such as premium affordability for certain cohorts. However, it said trustees need to do more - fewer than half of trustees regularly compare ...

Virgin Money Super ups premiums

JAMIE WILLIAMSON  |  WEDNESDAY, 22 MAR 2023
... Virgin Money Super is increasing insurance premiums on death and TPD cover from April 22. Members have been notified that premium rates per week, per unit of death only cover will increase from $0.41 to $0.55. For death and TPD will increase from $0.67 ...

New relief for reissued life policies

KARREN VERGARA  |  MONDAY, 20 MAR 2023
ASIC is providing life insurers a conditional relief that will last five years in circumstances where a policy needs to be reissued. The conditional relief pertains to Design and Distribution Obligations for financial products issued before 5 October ...

ASIC bans Queensland adviser

ANDREW MCKEAN  |  WEDNESDAY, 15 MAR 2023
ASIC has banned Queensland-based adviser Douglas Allen from providing financial services for three years. ASIC's review of Allen's advice files revealed that he employed a "layered advice" approach. The regulator discovered that his recommendations ...

Rising interest rates tank life insurer performance

KARREN VERGARA  |  WEDNESDAY, 15 MAR 2023
While Australia's life insurance industry grew steadily in the last year to $17.9 billion, its profits copped a beating from rising interest rates. Plan For Life's latest research shows that inflows rose by 3.4% in the year to September 2022. TAL continues ...