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

Search Results

Showing 421 - 430 of 7045 results for "Insurance"

Insurance in super remains a mystery to millions of Australians

ANDREW MCKEAN  |  FRIDAY, 28 MAR 2025
There is still millions of Australians paying for default insurance cover through their superannuation that they don't know about or understand, according to Super Consumers Australia (SCA). SCA found that 19% of people are unsure whether they have ...

APRA levy to cost $243m in FY26

KARREN VERGARA  |  FRIDAY, 28 MAR 2025
... assess life insurers' progress in meeting APRA's product sustainability expectations across both individual and group insurance business." The levies for Small APRA Funds (SAFs) and Single Member Approved Deposit Funds (SMADFs) - a flat rate of $590 ...

AZ NGA practices merge on road to 'super firm'

MATTHEW WAI  |  WEDNESDAY, 26 MAR 2025
... structure, dedicated management team, and a range of specialist capabilities in aged care, estate planning and life insurance advice that are on offer will steer the business forward. "As a small business, Rob and I do a bit of everything. We run the ...

Tranche 2 of DBFO dumps SOAs, enables 'nudges'

JAMIE WILLIAMSON  |  FRIDAY, 21 MAR 2025
... can collectively charge for, Treasury is proposing they do so where it relates to contributions, investment options, insurance held through super, and retirement income. In terms of what personal circumstances may be considered in the provision of that ...

Mine Super and TWUSUPER merger official

KARREN VERGARA  |  FRIDAY, 21 MAR 2025
... administration fee by 50%, while direct expense recovery fees will lower by 36%. They will also see at least a 2% reduction on insurance premiums. Mine Super and TWUSUPER signed a successor fund transfer deed in September 2023. The merger experienced ...

State Super: In decline but doing fine

ANDREW MCKEAN  |  FRIDAY, 21 MAR 2025
... is to use downside protection derivatives, which does pay off when markets fall. But since this involves paying for insurance, the upside is smaller too. State Super employs several strategies to lessen volatility without compromising returns, one being ...

MaxCap names chief risk officer

ELIZABETH FRY  |  THURSDAY, 20 MAR 2025
... joins from Export Finance Australia, where he also served as head of risk. Arabatzis brings over 30 years of banking and insurance experience covering enterprise risk management, risk transformation, credit and market risk, governance, relationship management ...

Jones calls out super sector, hints at more reform

ELIZA BAVIN  |  THURSDAY, 20 MAR 2025
... increasingly will need." Jones pointed to recent failings in the super sector, particularly when it comes to delayed insurance claims - which he said is "just not good enough". "People are going to look at their superannuation fund in exactly the same ...

Super fund consolidation to accelerate: Mercer

ANDREW MCKEAN  |  THURSDAY, 20 MAR 2025
... APRA and ASIC through industry reviews and enforcement actions. "This includes a focus on retirement income delivery, insurance claims handling, investment governance and trustee governance. Funds must ensure that they are meeting regulatory expectations ...

Australian Unity chief retires

ANDREW MCKEAN  |  TUESDAY, 18 MAR 2025
... $1 billion of merger, divestment, and acquisition activity. Divestments included the sale of its pharmacy and general insurance businesses, the $155.5 million offload of Grand United Corporate Health to nib, and, most recently, the handover of Australian ...