Search ResultsShowing 41 - 50 of 100+ results for "Super"
Mental health costs insurers $750m per year
ELIZA BAVIN  |  FRIDAY, 22 NOV 2019
... is paying out $750 million per year for primary cause of claim being mental health," Lydon said. "The other element for super funds is that if people are in good work they are typically functioning well and are therefore contributing to their super. ...
Complexity equals risk: IOOF chief
HARRISON WORLEY  |  THURSDAY, 21 NOV 2019
... complex organisational structure was responsible for additional 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 ...
Cbus, UniSuper back new housing bond
KANIKA SOOD  |  THURSDAY, 21 NOV 2019
... superannuation funds and offshore investors for its bonds and to see CHPs from around Australia benefitting from NHFIC's finance." "Super funds have an increasing desire to invest in social and affordable housing in Australia and NHFIC's bonds provide ...
Industry fund swaps small caps managers
KANIKA SOOD  |  THURSDAY, 21 NOV 2019
Two small caps managers have had to hand back $500 million to Vision Super, as the fund swaps them out for a new manager. Kinetic Investment Partners managed about $230 million for the fund in Australian small caps while Perpetual Investment Management ...
Underperformers should not be allowed new members: Silk
HARRISON WORLEY  |  THURSDAY, 21 NOV 2019
... of Representatives Standing Committee on Economics this morning, Silk told the inquiry that the biggest issue facing the super sector at the moment is persistent underperformance. "In a compulsory universal system, you shouldn't be able to be defaulted ...
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 ...
Insto investors confused by environmental equities
ELIZABETH MCARTHUR  |  WEDNESDAY, 20 NOV 2019
... is this question of which asset class does environmental equities sit within," Jenkyn-Jones said. He explained an early super fund adopter of Impax's environmental equities approach made an allocation from its small caps strategy and put that money specifically ...
Industry fund appoints new group insurer, ups indirect fee
JAMIE WILLIAMSON  |  WEDNESDAY, 20 NOV 2019
... Life Re, appointing a new life insurer. At the same time, the fund has increased its indirect administration fee. Intrust Super recently awarded its group insurance mandate to AIA Australia, ending its 15-year relationship with Hannover Life Re. The ...
Retail fund renews insurer, cuts premiums
KANIKA SOOD  |  WEDNESDAY, 20 NOV 2019
... 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) ...
ASIC eyes claims handling
ELIZABETH MCARTHUR  |  TUESDAY, 19 NOV 2019
... leader of ASIC's Insurers team, Emma Curtis, explained that since 90% of people with TPD hold their policy through their super fund the issue has brought together ASIC's insurance and super teams. Curtis named and shamed two insurers who performed ...
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