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Showing 381 - 390 of 994 results for "Premiums"

Sargon named trustee for new super fund

HARRISON WORLEY  |  TUESDAY, 23 APR 2019
... solution through its accredited financial advisers. PPS Mutual said the fund would allow its members to fund their insurance premiums through their accumulation super fund account. According to PPS Mutual,its younger members in the medical, legal, accounting ...

ASIC targets misleading member communication

KARREN VERGARA  |  WEDNESDAY, 17 APR 2019
... take action on superannuation funds that send misleading communication to members about inappropriate fees and insurance premiums. The warning comes in light of the Protecting Your Super package (PYSP) reforms, which are due to take effect on 1 July ...

Former Millennium3 adviser banned

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 APR 2019
... adviser was banned by ASIC for failing to act in the best interests of clients by recommending insurance with unaffordable premiums. Gregory Forster received a five year ban for failing to take into account his clients' actual circumstances when providing ...

Group risk inflows slow at CommInsure, AMP

KANIKA SOOD  |  MONDAY, 15 APR 2019
... billion. The group risk segment recorded the highest premium inflows of the risk market, chased by individual income risk premiums (up 1.9%) and individual lump sum premiums (up 0.2%). Individual risk lump sum premium inflows The inflows into the individual ...

Superannuation bills on hold

KARREN VERGARA  |  MONDAY, 15 APR 2019
... legislation, including the protection of young superannuation members and low-balance accounts from default insurance premiums, have been put on ice. Treasury Laws Amendment (Putting Members' Interests First) Bill 2019, a highly anticipated Bill that ...

New wellbeing venture for BT

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 APR 2019
... Wellbeing Rewards initiative will allow new and existing clients to get a 10% discount on Protection Plans Term Life policy premiums. BT is also waiving the policy fee for all Term Life policies. The offers are subject to certain age and health criteria ...

Treasurer courts retirees with new superannuation measures

KARREN VERGARA  |  TUESDAY, 2 APR 2019
... inactive accounts, scrapped exit fees and other excessive fees, and introduced legislation to protect Australians paying premiums for insurance they don't want or need," he said.

Treasury proposes standardised default insurance definitions

KARREN VERGARA  |  FRIDAY, 29 MAR 2019
... challenging." He noted that any changes to these terms will potentially affect when a person can claim, the cost of insurance premiums and how much superannuation the member will have at retirement. Among the other recommendations, Hayne asked to consider ...

Robert slates industry over inactive accounts

HARRISON WORLEY  |  THURSDAY, 21 MAR 2019
... superannuation accounts that had been inactive for more than 16 months would not have their balances eroded by life insurance premiums. But Robert questioned why the industry failed to deal with the issue, pointing out many life insurers would have knowingly ...

Bond fund launches to local investors

KARREN VERGARA  |  MONDAY, 11 MAR 2019
... fundamentally research-driven, but it is also tactically opportunistic in that we move quickly to capture credit risk premiums around the world in a range of asset classes and credit instruments." Louise Watson, managing director of Natixis Investment ...