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Showing 401 - 410 of 1005 results for "Death"

New super fund targets millennials

ELIZABETH MCARTHUR  |  TUESDAY, 21 JAN 2020
... (TER 1.63%). As for insurance, Rainmaker analysis found a 40-year-old male would be paying $900.55 annually for a standard Death & TPD cover of $310,000. For the same cover a female would be paying premiums of $734.39 annually. This means that for every ...

What people really think about life commissions

ELIZABETH MCARTHUR  |  TUESDAY, 21 JAN 2020
... insurance company would actually pay out. But, ASIC data shows on life policies bought through financial advisers 96% of death claims are paid out, 95% of income protection claims and 87% of total and permanent disability claims.

Commonwealth Super mulls platform changes

KANIKA SOOD  |  MONDAY, 13 JAN 2020
... (CSS), Public Sector Superannuation Scheme, Military Superannuation and Benefits Scheme, and the Defence Force Retirement and Death Benefits (DFRDB). It is also responsible for pension payments out of two DB schemes that are now closed to new members. ...

Industry fund ups fees ahead of merger

ELIZABETH MCARTHUR  |  FRIDAY, 10 JAN 2020
... MTAA Super wrote to members in a significant event notice to let them know that from 3 February 2020 insurance fees for death and total and permanent disablement will increase. MetLife is the group insurer for MTAA; it is also the group insurer for Tasplan ...

MLC Life loses super fund mandate

KANIKA SOOD  |  MONDAY, 16 DEC 2019
... designed with pilots, cabin crew, and ground operations staff in mind." OnePath will provide default superannuation cover (death, total and permanent disability and income protection) and voluntary cover. Qantas Super chief executive Michael Clancy said ...

Sam Henderson attempts to set record straight

ELIZABETH MCARTHUR  |  FRIDAY, 13 DEC 2019
Former financial adviser and TV show host Sam Henderson has spoken out for the first time since his Royal Commission appearance and subsequent ASIC ban, taking to the XY Adviser podcast to describe the impact events of the last 18 months have had on ...

APRA slaps extra conditions on Avanteos

HARRISON WORLEY  |  WEDNESDAY, 11 DEC 2019
... comprehensibly address the issues that led Aventeos to continue deducting ASFs after being notified of the member's death. "AIL apologises unreservedly to the families of deceased members," CBA said. "AIL is committed to acting in the best interests ...

SCA drags AMP over claim delays

ALLY SELBY  |  TUESDAY, 10 DEC 2019
... people's advocate in the superannuation sector lashed out at AMP for falling well behind its competitors. The data revealed death claims on average are finalized in 1.2 months, with 76.3% of claims finalised within two weeks. AMP, on the other hand ...

Industry fund members targeted

ELIZABETH MCARTHUR  |  TUESDAY, 10 DEC 2019
... pointed out, was something some members might overlook when under pressure from aggressive sales tactics. "Many members have death and disability insurance through their super," it said. "Closing your super account without knowing if you can get insurance ...

Industry fund previews new insurance offering

JAMIE WILLIAMSON  |  TUESDAY, 3 DEC 2019
... types will now be available to all members aged between 18 and 70 years. Members will also be able to transfer any existing death, TPD and income protection cover they have into Rest, even if it's not with a super fund. Rest will also change its default ...