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Showing 491 - 500 of 10245 results for "LIF"

Cbus increases insurance premiums

ELIZA BAVIN  |  WEDNESDAY, 14 MAY 2025
Cbus will increase insurance fees for death and total and permanent disability (TPD) cover from July 5. Those aged between 15 and 25 will see their fees remain the same, but those in older age brackets will be paying slightly more each week. For members ...

Vision Super defends new but 'archaic' policy

ELIZA BAVIN  |  TUESDAY, 13 MAY 2025
Vision Super has defended a policy not to share member information to anyone it believes are located offshore, however the way in which the fund allegedly determines the location of an individual has caused a stir. Lifestyle Solutions Financial Planning's ...

TPD claim settlements take 'considerably longer': Rainmaker

MATTHEW WAI  |  MONDAY, 12 MAY 2025
New group insurance research finds that total permanent disability (TPD) claims are taking much longer to process, while death claims appear to have more efficient processes in place. According to Rainmaker's latest benchmarking data, a total of ...

Bill Gates to shutter Gates Foundation in 2045

JAMIE WILLIAMSON  |  FRIDAY, 9 MAY 2025
Bill Gates says he will give away all his wealth over the next two decades and close the Gates Foundation permanently in 2045. It's a big change for the foundation which, when established in 2000, was done so with the charter that it would continue ...

HCF Life fined $750k for misleading contract term

KARREN VERGARA  |  FRIDAY, 9 MAY 2025
HCF Life Insurance has been fined $750,000 by the Federal Court for misleading the public about a pre-existing condition term under its Recover products. Last October, the court ruled the term would deny coverage if a customer did not disclose a pre-existing ...

Vista Equity Partners, S64 to bring strategy to APAC

MATTHEW WAI  |  FRIDAY, 9 MAY 2025
The new fund, VistaOne, will provide APAC investors with access to a balanced portfolio of 'mission-critical' software solutions via Vista's private equity platform. VistaOne invests across the lifecycle of large, mid, and small cap private software ...

BlackRock takes stake in Generation Life parent company

ANDREW MCKEAN  |  THURSDAY, 8 MAY 2025
BlackRock will acquire a minority stake in Generation Development Group (ASX: GDG), forming a strategic partnership with its retirement income subsidiary Generation Life to "set a new standard for managing longevity and sequencing risk." Joint working ...

Life insurance premiums edge lower

ANDREW MCKEAN  |  TUESDAY, 6 MAY 2025
Annual premiums from active life insurance policies fell 1.7% to $16.2 billion in the year to December 2024 - a $300 million decline from the previous year - according to DEXX&R. The market research firm's latest Life Analysis report showed total new ...

Future Fund muscles past annual target return, lags in March quarter

ANDREW MCKEAN  |  TUESDAY, 6 MAY 2025
The Future Fund delivered a 7.9% return for the year to March 31, topping its annual target; though its quarterly performance undershot the benchmark. The sovereign wealth fund returned 1.2% for the March quarter, below the 1.9% target. However, over ...

HMC Capital progresses re-tenancy of Healthscope hospitals

KARREN VERGARA  |  TUESDAY, 6 MAY 2025
HMC Capital said it is in "advanced discussions" to re-tenant its portfolio of Healthscope hospitals as the latter struggles to manage its debt. ASX-listed HMC flagged in an investor presentation this morning that it continues talks with multiple alternative ...