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Showing 31 - 40 of 94 results for "Occupational"

Climate change worse than pandemic: UK regulator

JAMIE WILLIAMSON  |  THURSDAY, 8 APR 2021
... the strategy saying the disclosures represent compliance with the basics on climate change. "As the regulator for occupational pension schemes, we are uniquely placed to help the pensions industry to change behaviours to meet the profound challenges ...

LGIAsuper overhauls insurance, closes product

ELIZA BAVIN  |  MONDAY, 22 MAR 2021
... in claims to around 460 members and their families the last financial year. LGIA is also changing the names of its occupational risk ratings. Standard risk rating will now be called 'blue collar', low risk will now be referred to as 'white collar' and ...

APRA calls out poor group insurance practices

KARREN VERGARA  |  TUESDAY, 9 MAR 2021
... are also feeling the pinch from ASIC, which found super funds are inappropriately defaulting members to accurate occupational categories. APRA deputy chair Helen Rowell wants to see more evidence of trustees taking these concerns seriously or else action ...

ASIC to improve default insurance

KARREN VERGARA  |  FRIDAY, 4 DEC 2020
... investigation found group insurance cover is poorly designed and disclosed to members who are being defaulted into occupational categories with limited data. After looking at the practices of super funds, ASIC found a high proportion of members are generally ...

Tasplan raises IP premiums

KANIKA SOOD  |  TUESDAY, 15 SEP 2020
... legislations. For example, a 40 year-old member with income protection (two-year benefit) via the fund under the office occupational rating and a 30 day waiting period, will now pay $7.32 in net costs per $100 of monthly cover. The same profile of cover ...

UK pensions to factor in climate change risk

JAMIE WILLIAMSON  |  FRIDAY, 4 SEP 2020
... so. Speaking last week, the UK's work and pensions secretary Therese Coffey proposed legislation that would require occupational pension scheme trustees to consider the long-term financial risks posed by climate change. The government wants to see the ...

Financial services jobs show signs of recovery

ELIZA BAVIN  |  THURSDAY, 23 JUL 2020
... May and 9% in June." Parker highlighted that when split by job type, unsurprisingly one of the better performing occupational categories was community and personal services. "Demand fell just 3.7% over the quarter, driven by a remarkably bullish 37.7% ...

Research slams ADL definition

ELIZABETH MCARTHUR  |  MONDAY, 13 JUL 2020
... whether this group could hold down a job, Lonie says "absolutely not". "It's totally inappropriate to be measuring occupational function, the ability to hold down a job, on the basis of rudimentary skills like toileting." For Johns, it's well and truly ...

SuperFriend refreshes leadership

HARRISON WORLEY  |  MONDAY, 15 JUN 2020
... Deakin. Falas and Deakin join the expert advisory committee serving the organisation's board, and are overseen by occupational and public health physician and SuperFriend board director Niki Ellis. SuperFriend chair and Cbus chief executive David Atkin ...

QSuper not to appeal AFCA win

KANIKA SOOD  |  THURSDAY, 7 MAY 2020
... overpaid premiums from QSuper for about two and a half years because he had been eligible for lower "professional" occupational rates that the fund introduced on 1 July 2016. QSuper refused to refund Lam, saying on 27 May 2016, it sent Lam sufficient ...