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Showing 731 - 740 of 2274 results for "Premium"

Free advice for bushfire victims

ELIZA BAVIN  |  MONDAY, 13 JAN 2020
AMP has announced it will provide free financial advice to Australians who have suffered from the current bushfires. AMP said it has partnered with its advisers to offer the pro-bono service which includes general and personal advice and is available ...

Advice group partners with new platform

JAMIE WILLIAMSON  |  WEDNESDAY, 8 JAN 2020
... Powerwrap's offering in recent months, including Suetonius Wealth Management, Sanlam Private Wealth, Newport Private Wealth, Premium Advisory, SBA Advice, Lucerne and Consilium Advice. Powerwrap chief executive Will Davidson said Powerwrap is a strong ...

MLC Life Insurance under review

ELIZA BAVIN  |  TUESDAY, 7 JAN 2020
Australia's life insurance industry is facing deteriorating profitability in relation to income protection products, according to MLC Life Insurance owner Nippon Life. The Japan-based majority shareholder of MLC Life purchased the business off National ...

The super choice of the super wealthy

ELIZA BAVIN  |  WEDNESDAY, 1 JAN 2020
... wealthy Australians, according to new research from Roy Morgan. The research focused on identifying Australia's top premium brands and concluded that UniSuper was the fund of choice for the nations' high-net wealth consumers. The super fund ranked ...

Practice profitability at risk: MLC Life

JAMIE WILLIAMSON  |  FRIDAY, 13 DEC 2019
... renewal commissions, MLC Life found. "Assuming a 20% renewal commission rate (the LIF standard), it would require an annual premium of $2,125 to earn $425, which only covers at most one hour of a client review or change time," the research states. "Grandfathered ...

AXA acquires largest student housing portfolio

ELIZA BAVIN  |  THURSDAY, 12 DEC 2019
... well diversified by location, being split across Sydney, Melbourne, Brisbane and Adelaide, with an offering ranging from premium studios to affordably priced twin share rooms and apartments," AXA said. "The modern, institutional grade portfolio has an ...

Fee changes at industry super fund

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 DEC 2019
... Australian property will be the only option to remain the same with a total 0.26% per annum. Fees will rise slightly for the premium income option (0.04%), Australian shares (0.01%), global property (0.05%) and international shares (0.03%). Cash will ...

Industry fund previews new insurance offering

JAMIE WILLIAMSON  |  TUESDAY, 3 DEC 2019
A $57 billion industry superannuation fund has revealed details of its new group insurance offering, having transitioned to a new provider as of this month. As of December 1, the group insurance available to Rest members is provided by TAL after the ...

Life insurers lost $3.4b over five years: APRA

ELIZA BAVIN  |  TUESDAY, 3 DEC 2019
The Australian Prudential Regulation Authority has launched an intervention into the life insurance market in response to ongoing heavy losses in respect of individual disability income insurance. The regulator announced a series of measures, including ...

Life risk insurance not profitable: KPMG

HARRISON WORLEY  |  FRIDAY, 22 NOV 2019
Profitability in life risk insurance has dropped to the extent that the sector is now loss-making in aggregate, according to KPMG. The global consultant's analysis of the financial results of Australia's life insurers shows the sector made an ...