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| | | ... changes ahead particularly in the group market where concerns are growing that a post-GFC market share battle has seen premiums fall too low. For example, while June 2013 quarterly net profit after tax for risk products was $27 million, individual risk ... |
| | | | ... furniture (+4.8%). The main contributor to the rise in medical and hospital services was the increases in private health fund premiums effective from 1 April 2013. "Rising health costs can be a concern for retirees as they often form a large part of ... |
| | | | ... expected to give a boost to the bank. Within the global wealth division funds under management rose 6% with in-force premiums up 7%. In line with AMP, which reported yesterday, ANZ highlighted some weakness in its insurance business with lapse rates ... |
| | | | ... paper focuses on employee wellbeing, the timing of the launch tells a different story. The large take-up of low-cost premiums on TPDs through super funds has backfired on life insurers in recent years, with a growing number of members making claims on ... |
| | | | ... offers greater flexibility for advisers who may have clients that are cautious of their cash flow and want to pay for premiums via superannuation. Clients may now fund all of their cover via superannuation, part of their cover via super, or all of their ... |
| | | | ... Superannuation Payment Method. The payment method uses rollover funds from the clients' CFS account to pay for their insurance premiums. Once a policy has been underwritten, a TCPS policy can be placed in-force irrespective of whether the funds have ... |
| | | | ... a period of negative returns might come about - suggesting either higher interest rates or re-pricing of credit risk premiums. Hurt said these were serious questions for people approaching retirement and looking for a reliable income stream. "Whereas ... |
| | | | ... protection. "This reflects the ongoing volatile nature of experience across AMP's insurance portfolio, which has in-force premiums of more than $1.7 billion. The industry is experiencing increased pressure on insurance claims and policy lapses," AMP ... |
| | | | ... has increased the number of authorised financial advice representatives by 45% and boosted its in-force life insurance premiums over the last year. The dealer group went from 70 advisers in June 30, 2012, to 102 in May 31, 2013, according to a company's ... |
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