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Showing 41 - 50 of 256 results for "Insured"

CareSuper changes TPD definition, extends cover

ANDREW MCKEAN  |  TUESDAY, 14 MAR 2023
... from April 1, the TPD definition will change and be split into two categories based on age and employment status. If the insured member was employed or self-employed within 16 months before the disablement date and below 65 years old, they fall under ...

US agencies act to prevent crisis

JAMIE WILLIAMSON  |  MONDAY, 13 MAR 2023
... Treasury secretary Janet Yellen, Fed chair Jerome Powell and Federal Deposit Insurance chair Martin Gruenberg announced all insured depositors in Silicon Valley Bank and Signature Bank will be made whole and that the cost of doing so won't be borne by ...

Optimum Pensions urges super trustees to insure mortality risk

ANDREW MCKEAN  |  TUESDAY, 28 FEB 2023
... and mitigate mortality risk to meet Retirement Income Covenant objectives. Optimum Pensions' ' The difference between insured and uninsured retirement products ' whitepaper said trustees must be proactive in considering the potential deficiencies and ...

Stapling's consequences must be addressed: Cbus

ANDREW MCKEAN  |  MONDAY, 14 NOV 2022
... think about insurance - or super for that matter," the submission reads. "People are often shocked to discover they aren't insured or are unlikely to be insured in the case of an incident because of the work they do, but the stapling model fails to even ...

QAR could see 12% increase in insured Aussies

CHLOE WALKER  |  THURSDAY, 20 OCT 2022
According to research commissioned by the Financial Services Council (FSC), the introduction of a scalable advice model for life insurance would see more than a million Australians have the life insurance cover they need. Research by NMG Consulting ...

Fed seeks feedback on rules to resolve large bank failures

ANDREW MCKEAN  |  MONDAY, 17 OCT 2022
... Organisations, it was noted the Federal Deposit Insurance Corporation (FDIC) typically employs a strategy of selling failed insured depository institutions to another depository institution. "This has been the course of action which was least-costly ...

NGS Super increases death, TPD premiums

JAMIE WILLIAMSON  |  THURSDAY, 6 OCT 2022
... death and TPD will increase for most members from November 9. A 30-year-old member with a sum life/terminal illness sum insured of $570,000 will see their premiums increase from $2.45 a week to $2.58 a week. Meanwhile, the same member with a $170,000 ...

Laureola Advisors launches new fund

CHLOE WALKER  |  MONDAY, 26 SEP 2022
The US based advisory firm has launched a new fund, investing exclusively in life settlements, as the business sets in motion plans for growth in Australia. With a minimum investment of US$5 million, the fund targets an 8% net return to investors, is ...

Insurers are 'fishing' for non-disclosures: ASIC

ANDREW MCKEAN  |  FRIDAY, 2 SEP 2022
... Services. Individual disability income insurance cover is obtained through direct or advised channels where each life insured is individually underwritten. This cover provides an income for a period of time if an individual can't work because of an illness ...

MLC Life Insurance launches wellbeing service

CASSANDRA BALDINI  |  TUESDAY, 16 AUG 2022
... wellness and recovery service to support its customers wanting to improve wellbeing throughout all life stages. All customers insured by MLC Life Insurance will be supported by Vivo under one brand. It's fully accessible online and offered at no ...

Editor's Choice

Invesco launches new equity fund

ELIZA BAVIN
Invesco said the new fund will give Australian investors access to a systematic global equity strategy with a 20-year track record.

FCA pursues Neil Woodford again

KARREN VERGARA
The Financial Conduct Authority (FCA) is going after failed fund manager Neil Woodford again, this time for allegedly providing unauthorised investment advice via W4.0, his Dubai-based investment platform.

Former APRA deputy chair launches retirement solutions startup

KARREN VERGARA
A former APRA deputy chair has launched CipherIQ, a new venture that provides retirement solutions via account-based pensions in partnership with superannuation funds, financial advisers and retirees.

Global X launches space tech ETF

MATTHEW WAI
Global X has now launched the space tech ETF (ASX: MOON).

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