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

Search Results

Showing 401 - 410 of 988 results for "Death"

Industry fund hikes insurance premiums

JAMIE WILLIAMSON  |  WEDNESDAY, 30 OCT 2019
... attributing the rise to increased claims and the Protecting Your Super reforms. A 45-year-old member with $220,000 in basic death and TPD cover will now pay 58% more for insurance, with their premiums jumping from $4.51 a week to $7.12. This includes ...

Complexity of grandfathered commissions overlooked

ELIZABETH MCARTHUR  |  FRIDAY, 27 SEP 2019
... considered to be a short-term transition arrangement," Anderson explained. "It was always expected that it would die a natural death over time." In the policy paper, Anderson cited Investment Trends data which showed that in 2010 grandfathered commissions ...

Climate change to damage returns: Report

ELIZA BAVIN  |  THURSDAY, 26 SEP 2019
A report released by the Actuaries Institute determines superannuation balances for millennials may reduce up to 18% due to the negative effects climate change has on long-term returns. The report written by Ramona Meyricke and Rafal Chomik, states ...

Chief economist update: 'Paradox of Thrift' in action

BENJAMIN ONG  |  THURSDAY, 12 SEP 2019
... water, the frog will jump out, put it in cold/tepid water and bring the water slowly to a boil and it will be cooked to death - the Australian economy is slowly being boiled... to death. The latest Westpac-Melbourne Institute consumer sentiment survey ...

Chief economist update: The fear of Brexit

BENJAMIN ONG  |  THURSDAY, 29 AUG 2019
... Translated into the quotee Francis Bacon's - English philosopher, statesman and essayist - mother tongue, "The pomp of death alarms us more than death itself." Yes Virginia, you know where I'm going with this. Brexit - the "no-deal" variety - ...

Pension fund to buy British Steel

KANIKA SOOD  |  TUESDAY, 27 AUG 2019
... acts as a "complementary" professional pension fund that provides additional benefits to its members in case of retirement, death and invalidity. British Steel had discussions with several potential purchasers, it said. Ataer's offer to acquire the whole ...

Chief economist update: Wheels of US recession in motion

BENJAMIN ONG  |  THURSDAY, 22 AUG 2019
... feed this fire; And now 'tis far too huge to be blown out With that same weak wind which enkindled it." - The Life and Death of King John Bill Shakespeare might just as well have written this prose about Donald J. - that's President of the United ...

Kogan Super launches

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2019
... indexed conservative growth, indexed Australian listed property and indexed diversified shares. It also provides default death and TPD insurance for eligible customers. A member invested in the enhanced indexed growth option with a balance of $50,000 ...

Government super fund changes insurance terms, premiums

KARREN VERGARA  |  TUESDAY, 20 AUG 2019
... 2019, members of GESB Super and West State Super will see changes to their TPD and salary continuance insurance (SCI). For death and TPD insurance changes, the terms 'sane or insane' will be replaced with 'state of mind'. Under TPD, the ...

Industry fund overhauls fee structure

KARREN VERGARA  |  THURSDAY, 15 AUG 2019
... made enquiries to obtain the most complete information available." From 1 August 2019, EISS members had to pay more for death and TPD cover as part of the Protecting Your Super changes. Death and TPD cover, and death only cover rose by 7.7%. Salary continuance ...