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Showing 751 - 760 of 2422 results for "Claims"

FSC sheds light on cancer impact

HARRISON WORLEY  |  TUESDAY, 4 FEB 2020
New life insurance claims data shows the impact cancer continues to have on the lives of Australians, with more than $1.5 billion paid out in the last financial year. According to data produced in partnership between the Financial Services Council and ...

SG increase means lower wages: Grattan

HARRISON WORLEY  |  MONDAY, 3 FEB 2020
... debate over the necessity of the legislated increase to the superannuation guarantee. In a new research paper, Grattan claims workers "overwhelmingly" pay for increases to the super guarantee through lower wages. According to the institute's new No free ...

Retirement funding system failing: Report

ELIZA BAVIN  |  MONDAY, 3 FEB 2020
... median account is $200,000 at retirement (less for women), which provides income for around 10-15 years." The report also claims the age pension is "inadequate" as a sole source of retirement funding and said home equity has not been appropriately and ...

New MySuper outcomes tool set for release

HARRISON WORLEY  |  FRIDAY, 31 JAN 2020
... with feedback set to inform the tool's further development. Bucknell said the tool should be useful for testing the claims super funds make about the outcomes they deliver for their members. "There's a million stories underneath this. Some funds ...

Ponzi scheme rakes in almost $1.5bn

HARRISON WORLEY  |  TUESDAY, 28 JAN 2020
... million) into the Carpoff's scheme over seven years through investment contracts in two solar generator companies. The SEC claims the Carpoffs promised investors tax credits, lease payments and profits from the operation of mobile solar generators. However ...

More staff embroiled in Macquarie investigation

HARRISON WORLEY  |  FRIDAY, 24 JAN 2020
... payment dates on an effort to gain the benefit of dividend withholding tax credits. In 2018 Macquarie said the investors' claims were refused and German revenue was not impacted by the deal. Originally, German authorities had indicated their desire to ...

Aussie stocks burnt in blaze

ALLY SELBY  |  THURSDAY, 23 JAN 2020
... Investments are likely to also suffer, while insurers SunCorp, Insurance Australia and QBE may be impacted by an increase in claims. The report also suggests implications for Orica, Graincorp, Boral, BHP, Whitehaven Coal, Caltex, Viva Energy, Spark Infrastructure ...

Opt-out super to hit workers: ISA

HARRISON WORLEY  |  TUESDAY, 21 JAN 2020
New Industry Super Australia research claims to show plans to make superannuation optional for low-income workers is nothing more than a tax grab. According to ISA's latest analysis, low-income workers in New South Wales who chose to take their superannuation ...

What people really think about life commissions

ELIZABETH MCARTHUR  |  TUESDAY, 21 JAN 2020
... insurance company would actually pay out. But, ASIC data shows on life policies bought through financial advisers 96% of death claims are paid out, 95% of income protection claims and 87% of total and permanent disability claims.

ISA slams ANU research as SG debate rears its head again

HARRISON WORLEY  |  MONDAY, 20 JAN 2020
... undertaken by the ANU - and included as part of the university's submission to the government's retirement income review - which claims the appropriate level of SG can "differ substantially across members". In the new paper - The 'Right' Level for the ...