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Showing 51 - 60 of 380 results for "Insurance premiums"

Australian Retirement Trust reduces fees, ups premiums

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2023
... options, including most indexed offerings. However, any savings will be offset by substantial increases in insurance premiums. The fund notified members that, from July 1, the cost of its various investment options will change, with the bulk seeing a ...

BT to wind up Retirement Wrap

JAMIE WILLIAMSON  |  FRIDAY, 24 MAR 2023
... added. Asgard Independence Plan Division Two was the subject of Federal Court proceedings brought by ASIC over insurance premiums that were charged to close to 10,000 members, through to 2020. The issue was the premiums included commissions which were ...

Virgin Money Super ups premiums

JAMIE WILLIAMSON  |  WEDNESDAY, 22 MAR 2023
Virgin Money Super is increasing insurance premiums on death and TPD cover from April 22. Members have been notified that premium rates per week, per unit of death only cover will increase from $0.41 to $0.55. For death and TPD will increase from $0.67 ...

ASIC bans Queensland adviser

ANDREW MCKEAN  |  WEDNESDAY, 15 MAR 2023
... comparison tables that were false or misleading. He understated the potential insurance costs despite knowing the insurance premiums would likely be higher once insurance advice was provided. Allen was self-licensed under Global Pacific Solutions Group ...

Advice group convicted of hawking

JAMIE WILLIAMSON  |  WEDNESDAY, 22 FEB 2023
... advice about their superannuation first, which scoped out insurance even where the client was paying their insurance premiums from their existing superannuation account. ASIC found that in these circumstances, it was inappropriate to separate out the ...

APRA, ASIC concerned over premium increases

CHLOE WALKER  |  FRIDAY, 9 DEC 2022
... APRA and ASIC have asked the chief executives of life insurers to explain the continuing increases to retail insurance premiums following complaints from consumers and reportable situations. In a joint letter, the regulators said they're concerned premium ...

NGS Super increases death, TPD premiums

JAMIE WILLIAMSON  |  THURSDAY, 6 OCT 2022
The fund is increasing death and total and permanent disability insurance premiums following an increase in claims in recent years. Premiums for death and TPD will increase for most members from November 9. A 30-year-old member with a sum life/terminal ...

Brighter Super makes changes to insurance offering

JAMIE WILLIAMSON  |  WEDNESDAY, 21 SEP 2022
Brighter Super is increasing some of its insurance premiums and changing the way they are charged at the same time. From September 30, the cost of death and total and permanent disability cover through Brighter Super will go up across all occupational ...

Calls to pay super on parental leave grow

JAMIE WILLIAMSON  |  MONDAY, 22 AUG 2022
... HESTA member per industry, assumed current balance, recent SG activity and other contribution activity, and insurance premiums. HESTA said, for someone working in aged care, introducing the measure could increase their retirement balance by 1.2% if they ...

TWUSUPER adds fee to combat cross subsidisation

JAMIE WILLIAMSON  |  TUESDAY, 5 JUL 2022
... those without insurance. From August 1, TWUSUPER members with insurance cover will be charged 3% of their gross insurance premiums each month as a separate fee. The aim is to address the cross-subsidisation that currently occurs as all members of the ...