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Showing 471 - 480 of 6957 results for "insurance"

HESTA lowers insurance fees

KARREN VERGARA  |  MONDAY, 16 SEP 2024
HESTA is introducing several insurance fee changes with most members paying less from September 28. For most HESTA Super and HESTA Personal Super members, the super fund said insurance fees will reduce by at least 3.2% for unitised cover and 2.5% for ...

Genetic test results to no longer hinder life cover

JAMIE WILLIAMSON  |  WEDNESDAY, 11 SEP 2024
Insurers will no longer be able to use genetic test results in life insurance underwriting, with a total ban to be introduced by the government. Earlier this year, the government consulted on the use of genetic test results in underwriting life insurance ...

AFCA consults on superannuation life insurance disputes

ANDREW MCKEAN  |  TUESDAY, 10 SEP 2024
... The Australian Financial Complaints Authority (AFCA) is seeking feedback on how it approaches dealing with common life insurance related complaints. The external dispute resolution company is specifically consulting on two draft approach documents for ...

MLC Life appoints two C-suite executives

MATTHEW WAI  |  TUESDAY, 10 SEP 2024
MLC Life Insurance has appointed a chief executive, individual business and a chief customer and strategy officer. Gerard Kerr joins the life insurer as chief executive, individual business, while Jane McGovern moves internally from chief risk officer ...

Challenger goes for growth with State Street

JAMIE WILLIAMSON  |  THURSDAY, 5 SEP 2024
... increasing its stake since July 2021, Apollo has now reduced its shareholding from 20.1% to 9.9%. As a result, MS&AD Insurance Group becomes Challenger's largest shareholder at 15.1%. A spokesperson for Challenger said Apollo has decided to "redeploy ...

Betashares completes Bendigo Superannuation acquisition

KARREN VERGARA  |  MONDAY, 2 SEP 2024
... Super and Bendigo SmartStart Pension products, which were part of the Bendigo Superannuation Plan. TAL, which is the insurance partner of Bendigo Superannuation, will continue to be the provider under the new ownership. "As we expand into a broader financial ...

Too much being asked of super trustees: Levy

ELIZA BAVIN  |  FRIDAY, 30 AUG 2024
... concerned that it is not enough. "I worry about adding to that burden. These are trusts, it's not a bank, they're not insurance companies, they don't have a lot of capital, they don't have shareholders - there are some exceptions but largely they don't ...

MetLife Australia launches new online insurance platform

MATTHEW WAI  |  THURSDAY, 29 AUG 2024
MetLife Australia has launched a new online insurance platform to provide more ease for its super funds' members to access their life insurance. The life insurance company said Manage My Insurance will allow its super fund's members to access ...

APRA reorganises as it sets sights on superannuation

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
... two supervision divisions instead of the current three frontline supervision divisions - banking, superannuation, and insurance (encompassing general, life and private health insurance). From September 2, the two frontline supervision divisions will ...

NGS Super to cut insurance premiums

ANDREW MCKEAN  |  TUESDAY, 27 AUG 2024
NGS Super will adjust its insurance costs, resulting in lower premiums for more than 97% of its members, from October 1. The super fund noted, however, that a "small group of members" will experience an increase in costs. On average, its members will ...