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Showing 21 - 30 of 77 results for "Interests First"

Legalsuper appoints executive, increases premiums

JAMIE WILLIAMSON  |  MONDAY, 14 SEP 2020
... depending on age and gender. The fund said the increases are a result of the Protecting Your Super and Putting Members Interests First legislative changes. The fund also cites the Early Release of Superannuation scheme as a driver, with APRA stats out ...

Count Financial faces class action

ANNABELLE DICKSON  |  FRIDAY, 4 SEP 2020
... policies with lower premiums from alternative insurers," Allsopp said. "Instead of putting their clients' best interests first, the planners were incentivised by commissions and other benefits to funnel people into expensive CommInsure policies. "Customers ...

Link suffers in COVID environment

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
... said. "We successfully worked through various legislations including Protecting Your Super (PYS), Putting Members Interests First (PMIF) and the COVID-19 ERS scheme. All of these initiatives required a high level of investment of resources and time ...

Hostplus ups income protection premiums by 73%

ELIZABETH MCARTHUR  |  MONDAY, 24 AUG 2020
... a significant event notice to members that the changes to premiums were necessary because the Putting Members Interests First and Protecting Your Super reforms had reduced the number of members with insurance. "The introduction of these reforms has resulted ...

Advice firm awarded international certification

ELIZABETH MCARTHUR  |  MONDAY, 10 AUG 2020
... certification are adhering to the industry's best fiduciary practices. These include always putting clients' best interests first, managing conflicts of interest and acting at all times in a prudent and professional manner with a commitment to ethical ...

Life insurance needs to prove value

ANNABELLE DICKSON  |  WEDNESDAY, 29 JUL 2020
... everyone contributes but not everyone claims." Evans explained the Protecting Your Super and Putting Members' Interests First measures gave members an opportunity to make an active decision whether or not to retain their fund life insurance. "At First ...

Hume calls out ERS fake news

ELIZABETH MCARTHUR  |  MONDAY, 27 JUL 2020
... accessing their super funds will have to cancel their insurance as a result of the government's Putting Members Interests First legislation," Hume said. "This simply is not true. If an account doesn't have enough money to cover premiums then coverage ...

Industry fund ups insurance premiums

HARRISON WORLEY  |  THURSDAY, 25 JUN 2020
... in the amount of members who have insurance due to the government's Protecting Your Super and Putting Members' Interests First laws. This has also impacted insurance costs." From August 1 the annual cost for one unit of combined death/TPD cover will ...

Year-long delay for super merger

KANIKA SOOD  |  TUESDAY, 26 MAY 2020
... previously sent to members will hold except a change in insurance arrangements to accommodate Putting Members Interests First (PMIF) legislation. Earlier this month, Perpetual delayed a successor fund transfer of its MySuper product to CareSuper citing ...

Global manager reduces fees on flagship fund

ALLY SELBY  |  THURSDAY, 30 APR 2020
... manager Darren Hall said the management fee change would benefit both advisers and their clients. "Putting client interests first is a core value of our firm and a key determinant influencing our decision making," he said. "We are very pleased to offer ...