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Showing 521 - 530 of 2274 results for "Premium"

Your Future, Your Super passes

ELIZABETH MCARTHUR  |  THURSDAY, 17 JUN 2021
The Your Future, Your Super reforms were passed in the Senate today. One Nation and Jackie Lambie voted with the government in favour of the bill, while Labor and the Greens objected to it. However, an amendment was passed which will delay benchmarking ...

Dexus cornerstones Australian Unity healthcare raise

KANIKA SOOD  |  WEDNESDAY, 9 JUN 2021
... million investment. Dexus will hold 7% of the pro forma issued equity in AUHPT and bought at $2.60 per unit, or a 16% premium to current net asset value. It will also have the opportunity to participate in the AUHP's $1 billon pipeline of greenfield ...

Cost of group insurance declines

KARREN VERGARA  |  TUESDAY, 8 JUN 2021
... 17%. Retail funds have increased premiums by $9000-$17,000 across these age groups. NFP funds on the other hand increased premium values by $2000-$9000 for the same age groups. The largest group insurance players based on member numbers are TAL (37%) ...

Concern for consumers ahead of YFYS

ELIZABETH MCARTHUR  |  MONDAY, 7 JUN 2021
After the Your Future, Your Super reforms were passed in the House of Representatives lawyers have expressed concern consumers may not understand the impact of the changes. Law firm Slater and Gordon warned that Australians could end up with less insurance ...

BT enhances LifeCENTRAL+

KARREN VERGARA  |  MONDAY, 7 JUN 2021
... the most commonly requested changes to in-force policies, such as the sum insured, optional benefits and frequency of premium payments. The in-force functionality is available for most eligible single life insured and stepped premium protection plans ...

Premiums to increase at ESSSuper

ELIZABETH MCARTHUR  |  FRIDAY, 4 JUN 2021
... ability for members who are unemployed to claim for TPD, and an extension in the maximum age covered from 65 to 70. "The premium change is not due to a change in insurer. ESS and CMLA have had a strong relationship for over 20 years, which was renegotiated ...

Madison appoints general manager

KARREN VERGARA  |  FRIDAY, 4 JUN 2021
The head of advice at Madison Financial Group has been promoted to general manager in a newly created role. Jaime Johns takes on the new role after leading the advice unit for two years. She joined the group as national manager of advice and business ...

AMP sued for charging dead clients

JAMIE WILLIAMSON  |  THURSDAY, 27 MAY 2021
ASIC has taken Federal Court action against AMP for allegedly charging more than 2000 deceased clients insurance premiums and financial advice fees after being notified of their death. The action relates to five companies that are or were subsidiaries ...

Life insurers getting into rehab concerning: SCA

KANIKA SOOD  |  TUESDAY, 18 MAY 2021
... will force superannuation funds to strip their insurance offers of anything that is not needed. Superannuation funds' premium collections on group policies fell 15% to $8 billion in 2019-2020, according to APRA data. According to Rainmaker, this ...

Media Super ups fees, premiums

ELIZABETH MCARTHUR  |  THURSDAY, 13 MAY 2021
Media Super is increasing its administration fees and insurance premiums, despite a pending merger with $60 billion industry fund Cbus. Media Super will increase its administration fee from $1.25 to $2 a week, effective from 1 July 2021. It will also ...