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| | | AMP has withdrawn its full-year 2020 outlook as a result of ongoing economic uncertainty. Announcing the move to the ASX this morning, AMP said its capital position and liquidity will help it navigate the uncertain environment but providing an accurate ... |
| | | | "Australia is following in the COVID-19 footsteps of the UK and experts are warning the floodgates are likely to open soon." This statement -- printed by the Australian Financial Review - talked about the rising number of infections in the UK and how ... |
| | | | ... would be among the most vulnerable people in Australia should they be left without life insurance cover in the instance of a death or loss of job as a result of the outbreak. "We believe the changes scheduled for next month should be delayed until after ... |
| | | | ... pandemic. It comes as the World Health Organisation reports 786 new coronavirus-related deaths overnight, bringing the total death count to 7807. Currently, there are 191,127 people infected by the virus. Australia's death count has lifted to six ... |
| | | | The federal government has announced a $17.6 billion economic stimulus package, as it ramps up its efforts to dodge a coronavirus-sparked recession. It comes as the World Health Organisation regrades COVID-19 to a global pandemic, with 118,326 cases ... |
| | | | ... first time. Germany's DAX fell 7.94%, while Italy's bourse fell 11.17%. It comes as Britain announced its fourth death from the coronavirus, with 319 confirmed cases. While the Italian government has placed the entire country on lockdown as its ... |
| | | | ... months to 31 December 2019. Group life insurance was the second largest issue, making up 37.6% of complaints, followed by death benefits distribution at 11.3% and pension issues with 1.4%. In terms of life insurers, TAL received the most complaints ... |
| | | | ... 2020. The transition included about 280,000 members. As a part of the transition, members under 35 years of age saw their death cover slashed by up to 75% (with a corresponding decrease in the premium amounts), fees for some members went up as much as ... |
| | | | ... and logical prognoses for the epidemic but these two words - irrational and fear - would be, in a manner of speaking, the death of us all. This fear has prompted the Italian government to lock down the entire Lombardy region, along with at least 15 neighbouring ... |
| | | | ... Limited has reviewed the insurance premiums that members pay," Defence Bank said. Both funds said for members with only death cover, or death and TPD cover, or those with income protection cover will see insurance premiums increase 34%. Crescent Wealth ... |
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