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Showing 5321 - 5330 of 18119 results for "superannuation"

Life risk insurance not profitable: KPMG

HARRISON WORLEY  |  FRIDAY, 22 NOV 2019
... following stints at Challenger and AMP, including more than two years as head of the wealth manager's insurance and superannuation division - said there was "clearly" a large disconnect between the perceived and actual value being delivered by life ...

Mental health costs insurers $750m per year

ELIZA BAVIN  |  FRIDAY, 22 NOV 2019
... have this incredible opportunity to look at this and say how we can improve that," she said. Lydon added that the superannuation industry has been doing great work to address mental illness related issues both within their own organisations as well as ...

Complexity equals risk: IOOF chief

HARRISON WORLEY  |  THURSDAY, 21 NOV 2019
... risk. Asked by Labor MP Daniel Mulino whether IOOF's super business had a more complex structure than other superannuation funds, Mota agreed, and said the firm was moving towards a simpler structure to reduce cost and risk. "Organisations like ours ...

Cbus, UniSuper back new housing bond

KANIKA SOOD  |  THURSDAY, 21 NOV 2019
... NHFIC chief executive Nathan Dal Bon said: "NHFIC is very pleased with the strong level of demand from both local superannuation funds and offshore investors for its bonds and to see CHPs from around Australia benefitting from NHFIC's finance." "Super ...

Fossil fuel exposures climb at UniSuper

KANIKA SOOD  |  THURSDAY, 21 NOV 2019
The $80 billion superannuation fund is more exposed to companies involved in fossil fuels than it was a year ago, according to its second annual climate risk disclosures released yesterday. At June end, UniSuper had 12% of its exposures in companies ...

Underperformers should not be allowed new members: Silk

HARRISON WORLEY  |  THURSDAY, 21 NOV 2019
Australians should not be able to be defaulted into or even be able to choose to enter an underperforming superannuation fund, according to AustralianSuper chief executive Ian Silk. Appearing before the House of Representatives Standing Committee on ...

Super Fund of the Year named

ELIZA BAVIN, JAMIE WILLIAMSON  |  THURSDAY, 21 NOV 2019
Australia's biggest super fund has been crowned fund of the year at this year's Rainmaker SelectingSuper awards in Melbourne this morning. The $167 billion AustralianSuper took home the coveted title. Rainmaker executive director of research ...

Industry fund appoints new group insurer, ups indirect fee

JAMIE WILLIAMSON  |  WEDNESDAY, 20 NOV 2019
A $2.6 billion industry superannuation fund has brought to an end its long-standing relationship with Hannover Life Re, appointing a new life insurer. At the same time, the fund has increased its indirect administration fee. Intrust Super recently awarded ...

Flaws in Grattan SG research: Report

KANIKA SOOD  |  WEDNESDAY, 20 NOV 2019
Research published this morning by Jim Stanford from the Australia Institute says increasing the superannuation guarantee to 12% will not stifle future wage growth, and calls out assumptions used in Grattan's research on the subject. Stanford reviewed ...

Retail fund renews insurer, cuts premiums

KANIKA SOOD  |  WEDNESDAY, 20 NOV 2019
A retail superannuation fund has reappointed OnePath as its insurer, and is trimming premiums by about 20%. Virgin Money Super has renewed OnePath Life for three years starting December 1. The mandate is for death, total and permanent disablement (TPD) ...