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Showing 51 - 60 of 433 results for andrew insurance

$100bn withdrawal triggers First Republic stock plunge

ANDREW MCKEAN  |  WEDNESDAY, 26 APR 2023
... bank deposit runs, authorities have intervened to guarantee deposits beyond the typical limits. Though, the deposit insurance in the US covers only up to $250,000, and many banking institutions possess deposits exceeding this amount. "These deposits ...

Superannuation changes limit tax benefits for top earners: ASFA

ANDREW MCKEAN  |  FRIDAY, 21 APR 2023
... retrospective tax on existing assets, potentially impacting financial planning strategies for those nearing or in retirement. Insurance through super Apart from the proposed superannuation changes, the ASFA report highlighted that insurance delivered ...

TAL, AIA dominate group life market

ANDREW MCKEAN  |  WEDNESDAY, 19 APR 2023
According to the latest data on life insurance claims and disputes from APRA and ASIC, TAL is the largest player in the group insurance sector in Australia. TAL leads the life insurance market, boasting a 40.4% market share, insuring 3.9 million lives ...

Super fund selection driven by fees: SCA

ANDREW MCKEAN  |  THURSDAY, 13 APR 2023
... a "good" super fund. Additionally, the survey revealed that 19% of individuals with super were uncertain about their insurance status. Even among those aware of their insurance, only half knew their coverage (51%) and costs (54%). Full-time workers were ...

Digital advice association in the works

CASSANDRA BALDINI  |  TUESDAY, 11 APR 2023
... executive Jacqui Henderson, Money GPS founder George Haramis and Ignition Advice global head of strategy and corporate services Andrew Baker. Speaking to Financial Standard, Baker explained the group, formed of "like-minded" digital advice providers ...

Top rated superannuation products in Australia revealed

ANDREW MCKEAN  |  TUESDAY, 11 APR 2023
... down from 66 last year. Rainmaker's AAA Quality Rating evaluates superannuation products on performance, costs, insurance, organisational strength, and additional services like financial planning. Equipsuper led with eight AAA-rated products each. ...

ASIC bans Queensland adviser

ANDREW MCKEAN  |  WEDNESDAY, 15 MAR 2023
... situation were incomplete or inaccurate. The regulator also found that Allen failed to reasonably consider a client's insurance options when recommending a client consolidate their superannuation. He didn't provide a reasonable assessment of ...

CareSuper changes TPD definition, extends cover

ANDREW MCKEAN  |  TUESDAY, 14 MAR 2023
CareSuper is making a raft of changes to its insurance offering, including a change to the definition of total and permanent disablement (TPD), impacting members who file a claim. CareSuper said its insurer MetLife has made the definition change. Under ...

FPA voices concern on proposed CSLR, FAR laws

ANDREW MCKEAN  |  FRIDAY, 10 MAR 2023
... managers of the entities resorting to the scheme. "We are also keen for the overdue review of professional indemnity insurance to be commenced. A properly functioning PI sector would substantially reduce the calls on a CSLR." The FPA also took issue ...

Government introduces FAR, CSLR Bills

ANDREW MCKEAN  |  WEDNESDAY, 8 MAR 2023
... Accountability Regime (FAR) Bill 2023 aims to promote accountability and responsible behaviour among entities in the banking, insurance, and superannuation industries, as well as their directors and most senior executives. By introducing a strengthened ...