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Showing 551 - 560 of 4509 results for "Cover"

Qantas Super reduces premiums again

KARREN VERGARA  |  TUESDAY, 23 JAN 2024
... income protection reduced by 13%, while rates for default and voluntary death and total and permanent disablement (TPD) cover were lower by about 16%. TPD cover, for example, for members aged up to 30 years old now pay 68 cents for every $1000 in annual ...

AMP names new group insurer

KARREN VERGARA  |  MONDAY, 22 JAN 2024
AMP has named a new default insurance provider for its superannuation offering to replace Resolution Life. TAL is the new group insurer for AMP Super Fund, which includes its flagship product SignatureSuper. Commenting on the transition, AMP general ...

Treasury releases climate disclosure draft legislation

RACHEL ALEMBAKIS  |  TUESDAY, 16 JAN 2024
Super funds with more than $5 billion in assets under management will have to report on the financial impacts of climate change from 1 July 2026, according to mandatory climate risk reporting legislation proposed by government. Treasury released the ...

Commonwealth Super Corp reworks admin fees

JAMIE WILLIAMSON  |  TUESDAY, 16 JAN 2024
... added that the current tax rebate on admin and insurance fees will now be retained within the administration reserve to cover costs. Meantime, for CSCri members, which includes Transition to Retirement members, the flat fee is also reducing to $4 a month ...

SimCorp names new country manager for Australia

ANDREW MCKEAN  |  TUESDAY, 16 JAN 2024
SimCorp has appointed Enzo Cotroneo as its new country manager for Australia, tasking him with spearheading business development and the strategic direction for the investment firm's growth in the local market. Cotroneo, who's appointment took ...

BlackRock appoints new head of APAC

ANDREW MCKEAN  |  MONDAY, 15 JAN 2024
... wealth business. Shimizu will continue to lead BlackRock's APAC Institutional business, while expanding his remit to cover Taiwan, in addition to Japan and South Korea. Meanwhile, APAC head of wealth James Raby will take on the role of chief operating ...

Super viewed as lifeboat by Aussies: Survey

CHLOE WALKER  |  MONDAY, 15 JAN 2024
... financially struggling. The survey found close to 40% of Australians must watch their budget to make sure there's enough money to cover their bills. What's more, 14% said they are in serious financial difficulty, and being able to pay all their bills ...

ASIC, APRA slam premium hikes

KARREN VERGARA  |  FRIDAY, 15 DEC 2023
... two years. "Given an increase in claims volume and length, the small number of OnePath income protection customers holding cover with lifetime benefit periods were advised of relevant premium increases averaged over a two-year period," a OnePath spokesperson ...

A third of Aussies want life insurance advice: Research

CHLOE WALKER  |  THURSDAY, 7 DEC 2023
New research commissioned by the Council of Australian Life Insurers (CALI) shows the number of people receiving professional life insurance advice remains low, despite a third showing interest. The survey polled over 1000 Australian workers aged between ...

Adviser with Investport links sees ban affirmed

JAMIE WILLIAMSON  |  THURSDAY, 7 DEC 2023
... less cost-effective than an alternative option. One such client had financial difficulties, with not enough in the SMSF to cover insurance payments, while facing a potential default on their home loan. The Administrative Appeals Tribunal affirmed that ...