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Showing 21 - 30 of 66 results for "Hannover"

Corporate fund overhauls admin fees, premiums

ELIZABETH MCARTHUR  |  MONDAY, 28 SEP 2020
... from the start of October income protection premiums will increase by an average of 7.5%. Mercy Super's group insurer is Hannover Re. "The experience with income protection claims has been higher than expected which has increased the cost of providing ...

Industry fund hikes premiums

JAMIE WILLIAMSON  |  WEDNESDAY, 9 SEP 2020
... group insurance is provided by AIA Australia and has been for the last 12 months. Prior to this, the mandate sat with Hannover Life Re for 15 years. The super fund has also introduced a minimum account balance requirement for those looking to make a ...

Adviser demands answers from Media Super

ELIZABETH MCARTHUR  |  TUESDAY, 8 SEP 2020
... members, a client of Johns', was at risk of suicide after having a TPD claim through the fund (with group insurer Hannover Re ) declined. Following the declined TPD claim Johns sent a full appeal. That was in June and there has since been no correspondence ...

Research slams ADL definition

ELIZABETH MCARTHUR  |  MONDAY, 13 JUL 2020
... spokesperson for BT said BT life insurance is continuing to consult with industry and regulators regarding the use of ADLs. Hannover Re said it is working towards the removal of the ADL definition from policies. A spokesperson for TAL said it is working ...

Industry fund in successor fund transfer

JAMIE WILLIAMSON  |  WEDNESDAY, 17 JUN 2020
... provide sub-plans and separate identities for those sub-plans and continued existing default insurance cover through Hannover Re. Speaking to Financial Standard, OneVue executive general manager, superannuation administration Stephen Blood said Smartsave ...

TAL loses super fund mandate

JAMIE WILLIAMSON  |  MONDAY, 2 MAR 2020
... longer provide their group insurance from 1 April. Equity Trustees Superannuation as trustee for the product has appointed Hannover Life Re to take over the mandate. Freedom of Choice said the change will result in a reduction in premiums for the majority ...

New super fund targets millennials

ELIZABETH MCARTHUR  |  TUESDAY, 21 JAN 2020
... Elevate Super launched today, after Financial Standard revealed its plans last week. The group insurer for the fund is Hannover Re and the fund managers mandated so far are Nanuk Asset Management and Alphinity. Aracon Superannuation is the trustee. Rainmaker ...

Super Fund of the Year named

ELIZA BAVIN, JAMIE WILLIAMSON  |  THURSDAY, 21 NOV 2019
... Sunsuper Super-savings Best Super Fund for Young Members ANZ Smart Choice Super Best Value Insurance Equip MyFuture & Hannover Life Re of Australasia Best Insurance - High Risk Equip MyFuture & Hannover Life Re of Australasia Best Asset Consultant Frontier ...

Industry fund appoints new group insurer, ups indirect fee

JAMIE WILLIAMSON  |  WEDNESDAY, 20 NOV 2019
A $2.6 billion industry superannuation fund has brought to an end its long-standing relationship with Hannover Life Re, appointing a new life insurer. At the same time, the fund has increased its indirect administration fee. Intrust Super recently awarded ...

Industry fund changes insurer

KANIKA SOOD  |  FRIDAY, 8 NOV 2019
An industry superannuation fund has swapped out Hannover Life as its provider for income protection cover, amid an overhaul of its insurance offering. NESS Super (New South Wales Electrical Superannuation Scheme) managed about $760 million in superannuation ...