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Showing 711 - 720 of 2274 results for "Premium"

Cbus overhauls insurance offering

JAMIE WILLIAMSON  |  MONDAY, 2 MAR 2020
Cbus is changing the way it calculates insurance premiums, with members set to pay more for death and TPD insurance cover. From April 1, Cbus members' insurance premiums will be based on their age in a move designed to more closely reflect what it costs ...

TAL loses super fund mandate

JAMIE WILLIAMSON  |  MONDAY, 2 MAR 2020
... effort has been made to reduce premiums for all members, a small number of members may experience an increase in some premium rates," Freedom of Choice said. Some members may also perceive the changes to policy terms and definitions as unfavourable ...

CommInsure income protection off the menu

ELIZABETH MCARTHUR  |  TUESDAY, 18 FEB 2020
... unwavering; their existing cover remains the same, with the certainty of automatic upgrades to benefits where it doesn't affect premium rates. We will continue to support our customers with the same high quality service that they have always experienced ...

Fund managers driven to alternatives: Report

ELIZA BAVIN  |  TUESDAY, 18 FEB 2020
... report said. "Industry funds are playing a slightly different game. These behemoths are able to access an illiquidity premium." "That is, the additional return an investor should earn if the asset isn't readily tradable. The industry funds can take advantage ...

Industry fund bumps up premiums

JAMIE WILLIAMSON  |  FRIDAY, 14 FEB 2020
Members of a $25 billion industry superannuation fund are set to pay higher insurance premiums from April 1, with some paying up to 20% more for death and TPD. VicSuper has notified members their insurance premiums are increasing as a result of the ...

AIA income protection premiums jump

ELIZABETH MCARTHUR  |  FRIDAY, 14 FEB 2020
... expected claims costs is by increasing premiums." The spokesperson suggested that where an individual is concerned about premium increases they should work with their insurer and financial adviser to find ways to make the policy more affordable. A spokesperson ...

AMP faces fresh class action

ALLY SELBY  |  WEDNESDAY, 12 FEB 2020
AMP is facing a fresh class action, as Shine Lawyers confirms it is investigating whether the firm's financial advisers breached their fiduciary and statutory duties to an estimated 100,000 clients. Shine Lawyers alleges the beleaguered firm failed ...

Problems persist with PYSP communication: ASIC

ELIZA BAVIN  |  WEDNESDAY, 12 FEB 2020
ASIC said that common problems have been persistent in its review of superannuation trustees' PYSP communication with members, with some trustees failing to present facts and instead focusing on member and insurance retention. The regulator launched ...

Calls for disability insurance reform

ELIZA BAVIN  |  MONDAY, 10 FEB 2020
... have been offered a smorgasbord of product features. However, they have also been subjected to multiple unanticipated premium increases." Laughlin said a decline in insurance company profitability despite these steep premium hikes has called into question ...

Not the time for long-term decisions: Baur

HARRISON WORLEY  |  FRIDAY, 7 FEB 2020
... forever consensus may not last for the long term," he said. "And if that's the case, they might want to see an inflation premium and long term interest rates. "If that's the case, then this is a different climate. You want value over growth." ...