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Showing 591 - 600 of 2274 results for "Premium"

ASIC to improve default insurance

KARREN VERGARA  |  FRIDAY, 4 DEC 2020
An ASIC investigation found group insurance cover is poorly designed and disclosed to members who are being defaulted into occupational categories with limited data. After looking at the practices of super funds, ASIC found a high proportion of members ...

Sequoia reveals strategic plans

ANNABELLE DICKSON  |  FRIDAY, 20 NOV 2020
... believes an increased number of advisers is optimal for return on revenue, share cost synergies with clients and creating the premium advice brand. It projects adviser numbers to increase to 450 by end of 2021. Sequoia chair John Larsen said: "The board ...

Industry fund names new group insurer

JAMIE WILLIAMSON  |  THURSDAY, 19 NOV 2020
Australian Catholic Superannuation and Retirement Fund has ended its longstanding relationship with OnePath, naming a new group insurer to take over in the New Year. The $9 billion industry fund said it undertook a comprehensive review and tender process ...

Fidante signs on new partner

KANIKA SOOD  |  WEDNESDAY, 18 NOV 2020
... offers an appealing investment prospect for investors, tackling increasing demand for quality food in Asia. Demand for premium foods in Asia is stronger than ever, primarily driven by a new generation of higher income consumers who are hyper connected ...

Super fund increases premiums

KARREN VERGARA  |  WEDNESDAY, 18 NOV 2020
A $117 billion superannuation fund is changing the cost of insurance across the board at the turn of the New Year. Most QSuper members will see income protection cover go up 31%, while death and total and permanent disability (TPD) cover will increase ...

Chief economist update: Vaccine optimism sparks AUD resurgence

BENJAMIN ONG  |  WEDNESDAY, 18 NOV 2020
... Federal Reserve announced a shift into a lower for longer strategy - suggesting that Australian interest rates would be at a premium over US rates going forward and enticing investors to buy the Aussie dollar to avail of the premium. On August 27 at ...

Club Plus announces insurance changes

ELIZABETH MCARTHUR  |  MONDAY, 16 NOV 2020
The $3 billion industry fund for club workers has announced significant changes to its insurance offering with group insurer OnePath. From 1 January 2021, members will see premiums on death, total and permanent disability and income protection cover ...

Sunsuper ups TPD premiums

KARREN VERGARA  |  WEDNESDAY, 11 NOV 2020
... definition and certain limitations have been removed to make it easier for members to get insurance. Many members will also see premium reductions, especially for death cover and, in some cases, income protection cover, chief financial officer Jason ...

MIRA set to acquire REIT

KARREN VERGARA  |  MONDAY, 9 NOV 2020
... Freehold Trust (VTH) for a cash consideration of $1 per share by way of a trust scheme. The offer price represents an 11.8% premium to Vitalharvest's current adjusted net asset value of $0.894 per unit. The share price closed at 78.5 cents on November ...

More good news for Xplore

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 NOV 2020
... combination of cash and HUB24 scrip consideration valuing Xplore at a share price of $0.20. The valuation of Xplore represents a premium of 203% to the closing price of Xplore shares as at October 27. Xplore's board has unanimously recommended its ...