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Showing 41 - 50 of 907 results for %22Income Protection%22

Nuveen, Commonwealth Private partner to launch REIT

CASSANDRA BALDINI  |  FRIDAY, 30 JUN 2023
... potential measure of the downside and performance protection. Real estate has traditionally offered investors a higher level of income, strong total returns, and lower volatility when compared to other asset classes, particularly in inflationary environments ...

FSCP hands down second order, audits adviser

KARREN VERGARA  |  WEDNESDAY, 28 JUN 2023
... superannuation fund after being cold called to do so. Mr. M failed to consider the client's life, TPD and income protection policy in the prior super fund when recommending the switch in the SoA. Furthermore, Mr. M recommended a high-growth investment ...

TelstraSuper introduces new option, drops premiums

JAMIE WILLIAMSON  |  MONDAY, 26 JUN 2023
TelstraSuper is making changes to its investment menu, while also decreasing income protection premiums for members. The $25 billion corporate fund is introducing a new option for accumulation and TTR members from next month, the Moderate investment ...

Treasury to scrap advice admin burdens, boosts intra-fund advice

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
... fixing financial advice and helping five million Australians, at or approaching retirement, gain access to more retirement income advice - require the highest urgency. "Over the past decade or so, the financial advice sector has undergone significant ...

ESSSuper reduces admin fees, renews insurance mandate

JAMIE WILLIAMSON  |  MONDAY, 5 JUN 2023
... of Daily Work (ADW) definition or mental illness TPD definition. Meanwhile, some of the changes being made to income protection cover include extending the recurrent disability definition from six months to one year before the waiting period applies ...

Frontier overhauls research function

ELIZABETH FRY  |  FRIDAY, 2 JUN 2023
... management industry domestically and globally, having worked in Australia, Singapore and the UK. He was the head of fixed income at DBS Asset Management for three years. Before that, he spent a decade as a fixed-income portfolio manager at AllianceBernstein ...

Poor policy administration sees MLC Life pay $22m

JAMIE WILLIAMSON  |  FRIDAY, 19 MAY 2023
... Corporations Act, and the Insurance Contracts Act between November 2015 and October 2018. At the time, MLC provided income protection cover through policies that contained a term under which the insurer promised to pay a 'Rehabilitation Bonus Benefit' ...

Australian Retirement Trust reduces fees, ups premiums

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2023
... male members, standard death and TPD Assist premiums will increase an average of 26.6%. Those with optional income protection cover will see an increase of 15.1%. For female members, death and TPD premiums will rise by an average 28.2%, and those with ...

Investors flock to term deposits over equities

ANDREW MCKEAN  |  THURSDAY, 27 APR 2023
... increases in the Reserve Bank of Australia's (RBA) cash rate. He explained that investors now feel they're getting some income return from term deposits, even if these returns mightn't necessarily keep pace with inflation. NAB executive Paul ...

Superannuation changes limit tax benefits for top earners: ASFA

ANDREW MCKEAN  |  FRIDAY, 21 APR 2023
... coverage. In 2021, over 10,000 death benefit insurance claims totalling $1.4 billion were paid, and more than 19,000 income protection claims were paid. Also, around 16,000 TPD benefit payments were made from superannuation funds amounting to over $2.2 ...