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Showing 731 - 740 of 1871 results for "Young"

Member interests delay recommended

HARRISON WORLEY  |  WEDNESDAY, 24 JUL 2019
... legislation, insurance giant AIA Australia said it was disappointed the committee "failed to defend the interests of millions of young and vulnerable Australians," who it said would be negatively impacted by the reforms. AIA chief executive Damien Mu ...

AMP Capital revamps ethical super funds

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 JUL 2019
AMP Capital announced a series of updates to its ethical superannuation funds - including a new name, enhanced screens and an industry-first advisory committee. Previously known as the AMP Capital Responsible Investments Leaders funds, the funds will ...

Advice associations weigh in on member interests bill

HARRISON WORLEY  |  FRIDAY, 19 JUL 2019
... was in some ways mitigated by the group insurance system. According to the FPA, some insurance coverage is necessary for young Australians, such as total and permanent disability insurance (TPD), which it believes has been discounted by the proposed ...

NFP funds dominate group insurance market

KARREN VERGARA  |  THURSDAY, 18 JUL 2019
... insurance, proposing fundamental changes to these insurance arrangements. One example is making default insurance opt-in for young members or those with low balances to curb premiums eroding account balances. With millennial members owning almost 40% ...

Super funds hard to engage with: Research

ELIZABETH MCARTHUR  |  THURSDAY, 11 JUL 2019
... them, compared to 28% of millennials. "There is strong interest in ESG-centric investments within super among Australians young and old. While the current product range is playing catch up to consumer demand, this represents an opportunity for super ...

Putting Members' Interests First Bill reintroduced

KARREN VERGARA  |  FRIDAY, 5 JUL 2019
... Trustees head of advocacy Ailsa Goodwin said: "We support the intent of this legislation to protect some members - such as young people - for paying for insurance they may not need." However, the legislation is "too blunt and the timeframe is too short" ...

Super fund introduces further group insurance changes

KARREN VERGARA  |  MONDAY, 1 JUL 2019
A $15 billion superannuation fund is making several changes to its group insurance offering in addition to the July 1 changes, which will see some members pay more for cover. CareSuper is moving from a unit-based cover for standard death and TPD insurance ...

Reforms see super fees in flux

HARRISON WORLEY  |  MONDAY, 1 JUL 2019
... Future Super has one of the highest proportions of members under the age of 25, at 19%. While not specifically targeting young people, the PYS provisions for low-income members will force many funds with high proportions of young members to reconsider ...

Superannuation fund cuts fees

HARRISON WORLEY  |  THURSDAY, 27 JUN 2019
An ethical superannuation disruptor is the latest to adjust its fees before the Protecting Your Superannuation legislation hits. Future Super is cutting fees for low balance members. From July 1, the $400 million fund will remove the set dollar administration ...

MySuper eyes SMSF stronghold

KARREN VERGARA  |  THURSDAY, 27 JUN 2019
MySuper could soon surpass self-managed super funds as the preferred retirement savings vehicle for Australians, a new Rainmaker report shows. Using the latest APRA data, Rainmaker's MySuper Report found the MySuper asset pool hit $713 billion at ...