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Showing 591 - 600 of 2306 results for "Life insurance"

Early release better than SG freeze

KANIKA SOOD  |  MONDAY, 23 MAR 2020
... balances. If they avail the $10,000 early release twice by the end of the year, they might slip close to their life insurance opt-in threshold. Grattan Institute household finances program director Brendan Coates said while he can't comment on the ...

Insurers halt some virus cover

ELIZA BAVIN  |  FRIDAY, 20 MAR 2020
... would be identified and assessed through our normal underwriting process. This is consistent with how most of the life insurance industry has responded to the COVID-19 situation so far." MLC Life said there are no additional exclusions on new customers ...

Call for pause on default insurance changes

HARRISON WORLEY  |  FRIDAY, 20 MAR 2020
... migrant workers with low balances would be among the most vulnerable people in Australia should they be left without life insurance cover in the instance of a death or loss of job as a result of the outbreak. "We believe the changes scheduled for next ...

ClearView rated stable

HARRISON WORLEY  |  FRIDAY, 20 MAR 2020
... than operate a fully-outsourced CV-issued platform. As part of the deal, ClearView's primary superannuation life insurance portfolio will be transferred to the HUB24 Super Fund, though the portfolio will continue to be administered by ClearView. ...

HUB24 wins $1b mandate

ALLY SELBY  |  THURSDAY, 19 MAR 2020
... and provide increased opportunity to deliver ClearView's products to market." ClearView's primary superannuation life insurance portfolio will also be transferred to the HUB24 Super Fund. The portfolio will continue to be administered by ClearView. With ...

ClearView restructures pricing as life sector struggles

HARRISON WORLEY  |  FRIDAY, 13 MAR 2020
The tough times in Australia's life insurance sector have forced the provider to overhaul its pricing. ClearView has revised its pricing across its Life Solutions stepped and hybrid income protection products, as the insurer battles to remain profitable ...

Life insurers are doing their best: FSC

ELIZABETH MCARTHUR  |  THURSDAY, 12 MAR 2020
... report looked at cases dating back to June 2017 and found that timeframes for claim processing as outlined in the Life Insurance Code of Practice were not met. The review of 11 subscribers to the code's compliance came about after the LCCC received more ...

Life insurers breach own code consistently

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 MAR 2020
Law firm Maurice Blackburn has called out the life insurance industry, saying insurers breached their Code of Practice hundreds of times in just six months. The Life Code Compliance Committee (LCCC) conducted an investigation and found many insurers ...

Latest data reveals super admin problem

ELIZA BAVIN  |  TUESDAY, 10 MAR 2020
... superannuation sector, 49.7% of those were to do with account administration for the six months to 31 December 2019. Group life insurance was the second largest issue, making up 37.6% of complaints, followed by death benefits distribution at 11.3% and ...

Life insurer chief executive retires

JAMIE WILLIAMSON  |  THURSDAY, 5 MAR 2020
The founding chief executive of one of Australia's life insurance providers is retiring after more than 40 years in the industry. Integrity Life has announced its chief executive Chris Powell will retire in the middle of the year, appointing chief financial ...