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Showing 41 - 50 of 348 results for "insurance premiums"

Industry fund cuts premiums

ELIZABETH MCARTHUR  |  MONDAY, 29 NOV 2021
A $2 billion industry fund has reduced its insurance premiums by more than 17%. REI Super informed members premium rates will decrease by 17.5% for income protection and 3.3% for death and total and permanent disability (TPD) insurance. "We continuously ...

QSuper faces class action over excess premiums

JAMIE WILLIAMSON  |  THURSDAY, 25 NOV 2021
... members charged as though they were in roles with greater risk. According to documents filed by Shine Lawyers, insurance premiums deducted were the same for all members save for police officers. QSuper failed to adequately notify them of how to get cheaper ...

Risk inflows marginally recover

ANNABELLE DICKSON  |  FRIDAY, 19 NOV 2021
... ClearView (23.7%) and MLC (13.7). The statistics come after the life insurance industry said the increase in life insurance premiums over the last few years are a problem that needs to be fixed rather than a trend. Speaking on a panel at the Association ...

AMP in enforceable undertaking

JAMIE WILLIAMSON  |  TUESDAY, 16 NOV 2021
... to deal with issues that are currently the matter of Federal Court Action, such as the continued charging of insurance premiums and financial advice fees to deceased members. However, APRA has made several determinations, including that AMP's failure ...

Australia Post Super Scheme cuts premiums by 10%

ELIZABETH MCARTHUR  |  THURSDAY, 4 NOV 2021
Some members of Australia Post Super Scheme (APSS) will enjoy reduced insurance premiums as the fund makes several alterations. The $8 billion APSS informed members that there will be a few changes to investments, strategic asset allocations and group ...

Equip, corporate fund merger complete

JAMIE WILLIAMSON  |  WEDNESDAY, 3 NOV 2021
... Super members are still entitled superannuation contributions of up to 13% and will continue to have their insurance premiums covered by the gas company. The completion of this merger follows that of Equip with Toyota Super in May. The two SFTs were ...

Christian Super enhances insurance offering

JAMIE WILLIAMSON  |  TUESDAY, 19 OCT 2021
Christian Super is reducing insurance premiums for most of its members, saying the offering now better aligns with what is available at other super funds. Premiums will change from November 1 for all occupational categories to better reflect the level ...

Colonial First State seeks MySuper redemption

ANNABELLE DICKSON  |  TUESDAY, 19 OCT 2021
... one year while FCES came third with 26.5% over the same period. Members of FCES and CES will also see reduced insurance premiums from the first quarter in 2022 resulting in $40 million in savings. The wealth manager is also facing penalties over its ...

FSC to ban occupational exclusions

ANNABELLE DICKSON  |  TUESDAY, 12 OCT 2021
... member based on their occupation when joining the fund. "In these circumstances a member will not be charged insurance premiums. The standard will also not apply to individually underwritten life insurance in superannuation," The FSC said. The new standard ...

Higher premiums a problem, not a trend: AFA

ANNABELLE DICKSON  |  TUESDAY, 21 SEP 2021
The increase in life insurance premiums over the last few years are a problem that needs to be fixed rather than recognising it as a trend, according to AIA's chief executive. Speaking on a panel at the Association of Financial Advisers national conference ...