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Showing 591 - 600 of 2288 results for "Premium"

IFM makes multi-billion-dollar energy bid

ELIZA BAVIN  |  WEDNESDAY, 27 JAN 2021
... Naturgy, implying a maximum amount payable of over EUR 5 billion. IFM said the offer will be fully paid in cash and implies a premium of around 19.7% on Naturgy's trading price at the closing of the stock exchange on the date immediately prior to the ...

Investa buys $800m property from Macquarie

ELIZA BAVIN  |  FRIDAY, 22 JAN 2021
... Investa to demonstrate its deep leasing capability and reinforces our strong belief in the Martin Place precinct as a premium office location." The building is being constructed by Lendlease and is due for completion in 2024.

Group insurance using shoddy data: Rice Warner

KARREN VERGARA  |  TUESDAY, 19 JAN 2021
The poor quality of group insurance data is conducive to administrative blunders that are notoriously difficult to rectify, according to Rice Warner. Superannuation funds and their life insurance partners are falling short of improving data collection ...

MTAA, Tasplan reveal new brand

KANIKA SOOD  |  MONDAY, 18 JAN 2021
MTAA Super and Tasplan will take on a new name on April 1, as their $23 billion merger completes. The combined fund will be called Spirit Super and have 326,000 members and lower administration fees. MTAA Super chief executive Leanne Turner, who will ...

IFM impersonated in scam

ELIZA BAVIN  |  THURSDAY, 14 JAN 2021
... share was for Aleatica Mexico's shares. "In fact... IFM does value Aleatica MX (and not the holding company) at a premium of more than 100% compared to its quoted price, and IFM deliberately tried to mislead the chair of the Committee," the report ...

Rice Warner weighs in on Your Future, Your Super

KARREN VERGARA  |  THURSDAY, 14 JAN 2021
Rice Warner has made several recommendations to the Your Future, Your Super package of reforms that the government and superannuation industry should not overlook. Under the new stapling measure, Rice Warner has two areas of concern. The first is that ...

HESTA hikes group insurance premiums again

KANIKA SOOD  |  TUESDAY, 12 JAN 2021
For the second time in a year, the $52 billion superannuation fund is increasing the total cost of its standard group insurance cover for members. HESTA's standard insurance cover -- which eligible members automatically receive upon signing up unless ...

MLC Life Insurance raises $650 million

KANIKA SOOD  |  WEDNESDAY, 6 JAN 2021
The insurer received a $650 million capital injection just before Christmas, as its majority owner Nippon Life sees the risk of MLC Life's "stagnant" business performance continuing beyond 2021. The raise includes $530 million in ordinary equity, priced ...

FS team picks: The top stories for 2020

ELIZABETH MCARTHUR, KANIKA SOOD  |  THURSDAY, 17 DEC 2020
... sure to be a year we all remember, for the super industry it was undoubtedly the year of the merger, fee reductions and premium increases. There's no denying the superannuation industry is a secretive one, and large swathes of it go unreported. Of ...

AIA to launch income protection product

KARREN VERGARA  |  WEDNESDAY, 16 DEC 2020
... benefits to meet customer needs and expectations, he said, noting that it also poses far less risk in the event of unexpected premium increases. "The early launch is designed to ensure advisers can begin transitioning their education, business and customers ...