Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 229 results for %22Insured%22

Laureola Advisors launches new fund

CHLOE WALKER  |  MONDAY, 26 SEP 2022
The US based advisory firm has launched a new fund, investing exclusively in life settlements, as the business sets in motion plans for growth in Australia. With a minimum investment of US$5 million, the fund targets an 8% net return to investors, is ...

Insurers are 'fishing' for non-disclosures: ASIC

ANDREW MCKEAN  |  FRIDAY, 2 SEP 2022
... Services. Individual disability income insurance cover is obtained through direct or advised channels where each life insured is individually underwritten. This cover provides an income for a period of time if an individual can't work because of an illness ...

MLC Life Insurance launches wellbeing service

CASSANDRA BALDINI  |  TUESDAY, 16 AUG 2022
... wellness and recovery service to support its customers wanting to improve wellbeing throughout all life stages. All customers insured by MLC Life Insurance will be supported by Vivo under one brand. It's fully accessible online and offered at no ...

Monochrome obtains crypto asset AFSL

ANDREW MCKEAN  |  TUESDAY, 16 AUG 2022
... few Australian asset managers receiving authorisation under an AFSL to offer retail investors fully regulated and direct insured exposure to crypto assets. Monochrome's responsible entity partner, Vasco Trustees has received ASIC approval to operate ...

TWUSUPER adds fee to combat cross subsidisation

JAMIE WILLIAMSON  |  TUESDAY, 5 JUL 2022
The super fund will begin charging insured members an administration fee to make costs fairer for those without insurance. From August 1, TWUSUPER members with insurance cover will be charged 3% of their gross insurance premiums each month as a separate ...

ASFA, Deloitte recommend group insurance changes

ANDREW MCKEAN  |  FRIDAY, 3 JUN 2022
... such as age, income and dependents could see better coverage of around $1.2 trillion, equivalent to 34% of the total sum insured across life, TPD, and IP," the report said. Although default insurance can generate benefits in aggregate terms, current ...

MLC Life Insurance joins forces with Insignia Financial

ANDREW MCKEAN  |  WEDNESDAY, 4 MAY 2022
... track their claim. It will also enable submissions to be assessed sooner. From today, MLC MasterKey and Plum Super members insured by MLC Life Insurance will be able to lodge their claim digitally through LifeView. LifeView is MLC Life Insurance's integrated ...

Zerocap unveils new bitcoin fund

CHLOE WALKER  |  TUESDAY, 15 FEB 2022
... investors are comfortable and used to, and we couple this with the only product in the Australian market whose custody is insured by Lloyds of London," Zerocap chief executive Ryan McCall said. "Our OTC desks have passed $1 billion in notional volume ...

MLC to face court over insurance failures

JAMIE WILLIAMSON  |  FRIDAY, 19 NOV 2021
ASIC is suing MLC over insurance failures spanning more than 20 years. The regulator commenced civil penalty proceedings in the Federal Court for insurance policy and service failures that occurred between 1999 and 2020. The action is against MLC Limited ...

Christian Super enhances insurance offering

JAMIE WILLIAMSON  |  TUESDAY, 19 OCT 2021
... satisfy one of five distinct categories, the fund said. Going forward, the fund will introduce two broad categories an insured member can claim under, being that they may claim if they are unable to work due to illness or injury and that they may claim ...