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Showing 461 - 470 of 994 results for "Premiums"

MetLife awards $11bn custody mandate

KARREN VERGARA  |  TUESDAY, 23 JAN 2018
... announced they renewed a long-standing partnership until June 2020. The pair struck a deal which saw default insurance premiums for 16 to 21-year-old members drop from $4.82 per week to $2.89 per week, effective 28 October 2017. The $11 billion industry ...

ASIC accepts EU from Brisbane adviser

KARREN VERGARA  |  FRIDAY, 19 JAN 2018
... value via car dealerships under its MTA Consumer Credit Insurance. MTA Insurance will refund life and trauma insurance premiums to customers who were 25 years old or less when the policy was sold to them (unless they elect to keep the cover in place). ...

Life insurance consumers shun financial advisers

KARREN VERGARA  |  FRIDAY, 19 JAN 2018
... found the availability of poorly differentiated products resulted in price as the key decision driver, with the cost of premiums cited as a critical factor when purchasing life insurance. Brown said: "Price continues to gain momentum as the determinant ...

Industry fund cuts life premiums, renews insurer

KARREN VERGARA  |  FRIDAY, 19 JAN 2018
An $11 billion industry superannuation is reducing its life and total and permanent disability (TPD) insurance premiums for younger members by as much as 50%. MTAA Super recently renewed its long-standing partnership with MetLife to June 2020. The pair ...

ASIC bans ex-CBA adviser for five years

KARREN VERGARA  |  THURSDAY, 18 JAN 2018
... were left without insurance cover at all, others were without a cover for a period of time and some had to pay increased premiums and fees. ASIC said Holgate failed to prioritise the interests of her clients when advising them to acquire financial products ...

ASIC cancels AFSL, accepts EU

DARREN SNYDER  |  TUESDAY, 16 JAN 2018
... relevant circumstances prior to providing advice; recommended insurance cover where clients were unable to afford the premiums; and failed to provide adequate product replacement disclosure when recommending clients to switch products. ASIC said Breakaway ...

Zurich UK launches selfie app for underwriting

KARREN VERGARA  |  MONDAY, 15 JAN 2018
... June last year, Financial Standard reported facial analytics may play a key role in calculating future life insurance premiums thanks to a US technology firm that generates lifespan estimates using selfies. Lapetus Life Event Solutions recently developed ...

AustralianSuper launches insurance-free product

KARREN VERGARA  |  WEDNESDAY, 20 DEC 2017
AustralianSuper has launched a new product that will combat superannuation account balances eroding from insurance premiums. Super Only protects short-term workers' accounts employed under the Supported Employment Services Award. Disability supported ...

Industry split on life insurance cover: Poll

KARREN VERGARA  |  MONDAY, 18 DEC 2017
... from the date of the last contribution. For death and total and permanent disability cover, trustees will stop charging premiums 13 months from the final contribution if the member's account balance is less than $6000. ISWG chair Jim Minto said the code ...

Spring FG acquires $200m dealer group

ALEX BURKE  |  MONDAY, 18 DEC 2017
... established in 2008 and has about 40 authorised representatives with an additional $9.5 million in in-force insurance premiums. The dealer group operates in Western Australia (where its head office is located), South Australia, Victoria, New South Wales ...