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Showing 21 - 30 of 907 results for %22Income Protection%22

ASIC, APRA slam premium hikes

KARREN VERGARA  |  FRIDAY, 15 DEC 2023
... answer is that they can. It doesn't seem fair." Most recently, Zurich's OnePath raised premiums for its income protection insurance for the Plus (Series2) policy by 100% over the next two years. "Given an increase in claims volume and length ...

A third of Aussies want life insurance advice: Research

CHLOE WALKER  |  THURSDAY, 7 DEC 2023
... of the respondents already have life insurance through their superannuation (37%), while others opt for it as a means of income replacement or a financial safety net in case they're unable to work (32%). Additionally, some individuals see it as protection ...

Final QAR reforms open door to super funds

CASSANDRA BALDINI  |  THURSDAY, 7 DEC 2023
... allow funds to consider a broader range of a member's personal and household circumstances, such as debt, spouse's income, or Age Pension eligibility. The new legislation aims to empower funds to better assist their members throughout their retirement ...

Retirement phase of superannuation consultation opens

KARREN VERGARA  |  MONDAY, 4 DEC 2023
... success of the accumulation phase. The consultation discusses three key areas: Helping members navigate the retirement income system, supporting funds to deliver better retirement income products and services, and making lifetime income products more ...

Aussie banks deliver record profits in FY23

CASSANDRA BALDINI  |  TUESDAY, 14 NOV 2023
... sheet growth and an increase in Net Interest Margin (NIM), leading to an unprecedented rise of $9 billion in net interest income. Despite assumptions, the stellar results have come at the expense of the Aussie population, who have faced higher interest ...

J.P. Morgan readies evergreen solution for wholesale market

ANDREW MCKEAN  |  MONDAY, 13 NOV 2023
... that the firm has witnessed a growing appetite among its wholesale clients for alternative investments, coveted for their income generation potential and utility as a hedge against inflation. "While in the past alternatives are seen to be less accessible ...

Stockspot launches two options

KARREN VERGARA  |  FRIDAY, 27 OCT 2023
... has launched two investment options that aim to protect investors from soaring inflation and generate higher levels of income respectively. The Topaz Inflation portfolio invests exchange-traded funds cover a range of countries, asset classes, and sectors. ...

TelstraSuper launches retirement product

JAMIE WILLIAMSON  |  THURSDAY, 26 OCT 2023
TelstraSuper is now offering guaranteed income for life through a new retirement product it's partnered with Challenger on. TelstraSuper's RetireAccess Lifetime Pension provides guaranteed income for life and can be indexed for inflation or market-linked ...

Life insurance complaints drop 24%

KARREN VERGARA  |  WEDNESDAY, 25 OCT 2023
... The time taken to resolve them took 107 days, down from AFCA's five-year average of 114 days. Across products, income protection complaints had the lion's share of total complaints, clocking 523 complaints or 28% of the total. Some 347 policyholders ...

MLC Life unveils retail discounts

KARREN VERGARA  |  FRIDAY, 22 SEP 2023
... campaign. Multi-cover discount offers a 10% discount on eligible lump sum covers for customers who bundle with their income protection cover. Vivo Incentive has a 7.5% discount on premiums for customers within a certain BMI of 18.5 and 28.5 (inclusive). ...