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Search ResultsShowing 31 - 40 of 100+ results for "TPD"
BT's transition not so super
KANIKA SOOD  |  MONDAY, 9 MAR 2020
... is in line with lower mortality rates and fewer financial dependents for members below 35, and allows for a higher level of TPD cover as the period of disablement would be longer. Member support services clogged The changes coincided with BT pulling ...
Group premiums rise 34%
ELIZA BAVIN  |  WEDNESDAY, 4 MAR 2020
... the insurance premiums that members pay," Defence Bank said. Both funds said for members with only death cover, or death and TPD cover, or those with income protection cover will see insurance premiums increase 34%. Crescent Wealth said the group insurance ...
Cbus overhauls insurance offering
JAMIE WILLIAMSON  |  MONDAY, 2 MAR 2020
Cbus is changing the way it calculates insurance premiums, with members set to pay more for death and TPD insurance cover. From April 1, Cbus members' insurance premiums will be based on their age in a move designed to more closely reflect what it costs ...
TAL loses super fund mandate
JAMIE WILLIAMSON  |  MONDAY, 2 MAR 2020
... a reduction in premiums for the majority of members and improvement in a number of policy terms and definitions for death, TPD and income protection cover. "Whilst every effort has been made to reduce premiums for all members, a small number of members ...
Industry fund bumps up premiums
JAMIE WILLIAMSON  |  FRIDAY, 14 FEB 2020
... industry superannuation fund are set to pay higher insurance premiums from April 1, with some paying up to 20% more for death and TPD. VicSuper has notified members their insurance premiums are increasing as a result of the Protecting Your Super and ...
HESTA hikes default insurance cover
KANIKA SOOD  |  THURSDAY, 13 FEB 2020
... income protection (IP) to age 67 and two units of death cover to age 75. It does not include total permanent disability cover (TPD). Effective April, the cost of IP will go up, while the cost of death cover will come down. The net effect spells an increase ...
QSuper member drags board to court, loses
KANIKA SOOD  |  WEDNESDAY, 12 FEB 2020
... out. Queensland resident Daniel Chapman went to the Federal Court wanting QSuper to pay him a greater interest on a delayed TPD benefit -- an appeal that had already been thrown out by the Superannuation Complaints Tribunal. Chapman alleged that the ...
AMP faces fresh class action
ALLY SELBY  |  WEDNESDAY, 12 FEB 2020
... their personal insurances." The class action is open to anyone who obtained an AMP Flexible Lifetime Policy (including death, TPD, trauma, income protection and business protection insurance) from 2013 onwards from AMP Financial Planning, Charter Financial ...
New super fund targets millennials
ELIZABETH MCARTHUR  |  TUESDAY, 21 JAN 2020
... 1.63%). As for insurance, Rainmaker analysis found a 40-year-old male would be paying $900.55 annually for a standard Death & TPD cover of $310,000. For the same cover a female would be paying premiums of $734.39 annually. This means that for every $1 ...
Industry fund ups fees ahead of merger
ELIZABETH MCARTHUR  |  FRIDAY, 10 JAN 2020
... the cost of insurance," the fund said. Members between the ages of 27 and 55 will see the cost per week of their death and TPD cover increase from $7.47 to $9.06. In November last year, MTAA and Tasplan announced the merger would go ahead to create a ...
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