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Showing 631 - 640 of 2288 results for "Premium"

BT cuts fees, premiums for super members

ELIZABETH MCARTHUR  |  FRIDAY, 9 OCT 2020
... continue to meet the needs of our members," BT said. BT Super members with essential cover for death and TPD will enjoy a premium decrease of 8.4%. Those with BT Super Lifetime Insurance death and TPD cover will have a decrease of 11.1%. The biggest ...

REI Super ups insurance premiums

ELIZABETH MCARTHUR  |  THURSDAY, 8 OCT 2020
The $1.6 billion super fund has increased insurance premiums for the second time in 18 months, blaming the Putting Members' Interest First legislation. Insurance premiums for REI Super members eligible for standard rates on death and total and permanent ...

Will Janus Henderson and Invesco merge?

KANIKA SOOD  |  TUESDAY, 6 OCT 2020
... debt used to fund the acquisition will be key to funding higher rates of accretion for IVZ and therefore a higher bid premium for JHG shareholders. Unlike, the recent Legg Mason deal which was fully cash funded and utilised excess cash on Franklin Templeton's ...

Challenger loses chief financial officer

ANNABELLE DICKSON  |  WEDNESDAY, 30 SEP 2020
... treasury, operations and information technology. Prior to joining Challenger, Tobin was general manager, finance for the premium business services division of the Commonwealth Bank and chief financial officer at MLC in Hong Kong. Challenger chief executive ...

CBA progresses with divestment to AIA

ANNABELLE DICKSON  |  WEDNESDAY, 30 SEP 2020
Commonwealth Bank has received another payment furthering the divestment of its life insurance business to AIA Group. CBA has received a payment of approximately $450 million for the sale of CommInsure Life with the proceeds resulting in a pro forma ...

IRESS caves in, ups OneVue bid

KANIKA SOOD  |  MONDAY, 28 SEP 2020
... subsequently confirmed to be towards the upper end of the independent expert's valuation range and represented a 67% premium to OneVue's closing price on 28 May 2020 [24 cents a share], the last trading day prior to the announcement of the scheme," ...

Group risk inflows fall 15%

ALLY SELBY  |  MONDAY, 28 SEP 2020
New research from actuary Plan For Life has found that overall group risk premium inflows fell 15% over the 12 months to June, with fresh legislation to blame. This includes the 'Protecting Your Super' legislation, which came into effect on 1 July 2019 ...

Corporate fund overhauls admin fees, premiums

ELIZABETH MCARTHUR  |  MONDAY, 28 SEP 2020
A $1.5 billion corporate superannuation fund has reduced death, total and permanent disability (TPD) premiums and administration fees - but income protection premiums will rise. Mercy Super reduced admin fees for super accounts from $1.10 a week plus ...

Bermuda-based fund launches down under

ALLY SELBY  |  WEDNESDAY, 23 SEP 2020
... is currently US$20 trillion." The fund invests in life insurance policies which it buys from the owner, paying for the premium until the insured person dies. The Life Settlements Fund then collects a pay-out form the insurance company. Laureola believes ...

AMP tops worst-performing super funds list

KARREN VERGARA  |  TUESDAY, 22 SEP 2020
... aggressive growth funds category, which invest in at least 80% of growth assets like shares and property, AMP Capital's Premium Growth (0.6% p.a.) topped the Fat Cat list, followed by six OnePath products, such as Select Leaders and OptiMix Balanced ...