Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 621 - 630 of 994 results for "Premiums"

Small funds winning group risk race

ALEX BURKE  |  MONDAY, 15 JUN 2015
Larger superannuation funds appear to have no scale benefit when it comes to getting a good deal on group insurance premiums, the latest study from Rainmaker shows. The Autumn 2015 Rainmaker Superannuation Benchmarking report analysed 15,408 risk options ...

Risk inflows up despite tightening margins

ALEX BURKE  |  MONDAY, 1 JUN 2015
... accounted for the majority of the total, with $6.4 billion coming in during the period. This was followed by group risk premiums at $5.6 billion - group policies saw the highest rate of growth, up 15.1% - and risk income at $2.4 billion. AMP saw the ...

Asteron discusses alternative commission structure

DARREN SNYDER  |  FRIDAY, 29 MAY 2015
... provides all the answers. One of the Trowbridge report's recommendations suggests level commissions to be set at 20% of premiums and Vilo suggests the wholesale model would allow an adviser to build remuneration to that level. The model forms part of ...

Infocus looking to expand advice services

DARREN SNYDER  |  FRIDAY, 29 MAY 2015
... to over 80,000 clients from 116 offices across Australia.A Group funds under advice are more than $4 billion and risk premiums under advice are more than $70 million.

Super life insurance misconceptions addressed

DARREN SNYDER  |  TUESDAY, 26 MAY 2015
... and claims have been increasing as members become more aware of their life insurance benefits - also seeing a rise in premiums. The flipside suggests making insurance claims within super is complex and expensive. This has led to superannuation funds ...

Groups call for default super fund decoupling

DARREN SNYDER  |  TUESDAY, 26 MAY 2015
... negotiate special discounts or special conditions on behalf of their staff and often subsidise fees or pay insurance premiums for their employees. "Some MySuper funds do not allow this structuring to occur and do not recognise the employer in the superannuation ...

Life insurer premiums up amid group policy concerns

ALEX BURKE  |  TUESDAY, 19 MAY 2015
... issued the Quarterly Life Insurance Performance Statistics report for the March 2015 quarter, showing net life insurer premiums are at $61.8 billion for the year to 31 March 2015, up from $50 billion in the previous year. Net policy payments reached ...

Fortnum drops upfront risk commissions

ALEX BURKE  |  MONDAY, 18 MAY 2015
... hybrid/level commission model. As per the Trowbridge report's recommendations, level commissions will be set at 20% of premiums along with a possible $1,200 initial advice payment. Fortnum executive chair Ray Miles insisted these changes were not being ...

AustralianSuper narrows income protection definition

STAFF WRITER  |  THURSDAY, 7 MAY 2015
... protection cover for 25 year olds will fall from $0.497 per unit to $0.215 per unit for a 57% drop. Income protection premiums for 45 year olds will meanwhile fall 36% and fall 23% for 35 year olds. Death cover premium costs will decrease by 18% for ...

Insurance drives ANZ wealth performance

AAP  |  TUESDAY, 5 MAY 2015
... to May 2015, with its insurance business leading the way. ANZ's insurance business benefited from growth in in-force premiums, stable claims and improved lapse experience, the company reported. The funds management division also saw 11% growth driven ...