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Showing 471 - 480 of 994 results for "Premiums"

Super life code released

KARREN VERGARA  |  MONDAY, 18 DEC 2017
... contribution date. In terms of charging death and total and permanent disability cover, trustees will cease charging premiums 13 months from the final contribution and only if the member's account balance is less than $6000 unless a member explicitly ...

ANZ sells life insurance business for $2.85 billion

ALEX BURKE  |  TUESDAY, 12 DEC 2017
... general insurance distribution and financial planning arms. ANZ noted that as at 30 September 2017, total life in-force premiums were $1.7 billion. The annual profit of the life insurance business is $189 million on a pro forma cash net profit after ...

Industry super fund adapts new life insurance model

DARREN SNYDER  |  FRIDAY, 1 DEC 2017
... increase in insurance claims and corresponding costs, the super fund's existing members will see no changes to insurance premiums, with any individual increases in cost met initially by the fund's insurance premium rebate. The super fund has also removed ...

Vision Super creates head technology role

JAMIE WILLIAMSON  |  FRIDAY, 1 DEC 2017
... like uni students want a super fund that aligns with their values and won't eat up their balance in fees and insurance premiums - and that shows in our growth figures," Vision Super chief executive Stephen Rowe said. "Increasingly all of our members ...

Long-short performance justifies fees: Zenith

ALEX BURKE  |  TUESDAY, 28 NOV 2017
New Zenith research suggests that despite the higher premiums charged to investors, the average return produced by long-short funds justifies the cost. Zenith found in the 12 months to September 30, global long-short managers delivered a 2.3% premium ...

Lapse rates review anxiety unfounded: ASIC

KARREN VERGARA  |  MONDAY, 27 NOV 2017
... said an adviser was recently banned for charging clients with combined incomes of $200,000 per annum about $50,000 in premiums and churning policies every two years, while another adviser was banned for churning policies every 13 months. These are the ...

Vision Super names new life insurer

KARREN VERGARA  |  TUESDAY, 21 NOV 2017
... TPD insurances, as well as income protection. Vision Super chief executive Stephen Rowe said the super fund has kept premiums steady over the last three years and guaranteed rates are locked in for the next three years, meaning no premium increases for ...

HESTA announces life insurance facelift

DARREN SNYDER  |  MONDAY, 20 NOV 2017
... arrangements, a typical HESTA member who started work at age 22 could pay about 10% less over their working life in insurance premiums for default cover to age 67. HESTA is one of the few super funds to offer default income protection cover to age 67. ...

Listed mortgage broker joins forces with TAL

ALEX BURKE  |  MONDAY, 13 NOV 2017
... continues to hold the largest share of Australia's $16.1 billion life insurance market. TAL recorded $2.9 billion in risk premiums, closely followed by AIA Australia with $2.3 billion in which the latter holds 14.5% of the market. Strategic Insight also ...

Wealth, insurance arms hit banks' earnings

KARREN VERGARA  |  TUESDAY, 7 NOV 2017
... under management meanwhile, grew strongly but margins were negatively impacted by higher claims experience and in-force premiums. Overall, the major banks earned a total of $31.5 billion in cash profit, up 6.4% on the prior year. The introduction of ...