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Showing 61 - 70 of 994 results for "Premiums"

Systemic issues impact 20k consumers: AFCA

MATTHEW WAI | MONDAY, 11 NOV 2024

... the notices had been sent. To resolve the matter, impacted members were offered a reinstatement of insurances lost with premiums backdated to the date of cancellation, AFCA said. Life insurance A life insurer failed to provide the correct notice of a ...

Qantas Super standardises offset account investments

ANDREW MCKEAN | WEDNESDAY, 6 NOV 2024

... may have a voluntary accumulation account with a negative balance, which occurs when a member has Voluntary Cover, and premiums for this insurance cover are deducted from their account. The fund said since these premiums can't be deducted from a DB amount ...

Super fund fees exploit Australians' low financial literacy

ANDREW MCKEAN | WEDNESDAY, 16 OCT 2024

... apply multiple charges to account holders, including administration fees, investment fees, transaction fees, insurance premiums, activity fees and performance fees. However, only 1% of Australians are aware that there are up to six fee types that most ...

Clime shakes up board again

KARREN VERGARA | WEDNESDAY, 16 OCT 2024

... with the appointment of external specialists." "These efforts have resulted in substantial cost reductions in insurance premiums, IT expenses, and systems," he said.

Vision Super refreshes premium rates

KARREN VERGARA | MONDAY, 30 SEP 2024

Vision Super is reducing premiums for a range of insurance products for its Super Saver, Personal, and Australian Services Union members. Vision Super and insurance partner MLC will decrease premiums for death, total and permanent incapacity (TPD) ...

NGS Super to cut insurance premiums

ANDREW MCKEAN | TUESDAY, 27 AUG 2024

NGS Super will adjust its insurance costs, resulting in lower premiums for more than 97% of its members, from October 1. The super fund noted, however, that a "small group of members" will experience an increase in costs. On average, its members will ...

Cost of 'comfortable retirement' increases again: ASFA

ANDREW MCKEAN | WEDNESDAY, 21 AUG 2024

... home, vehicle, and private health insurance costs as pressures that've caused "further strain on retirees." Insurance premiums saw a sharp increase, rising by 3.1% in the June quarter and 14% over the past year, driven largely by higher reinsurance costs ...

Bennelong, Leadenhall launch ILS fund

KARREN VERGARA | TUESDAY, 20 AUG 2024

... help diversify asset risk in an overall investment strategy. Bennelong chief executive John Burke said with insurance premiums increasing globally in recent times, an ILS strategy like this can really benefit investors, as the higher premiums are passed ...

Hostplus adds investment options, makes fee changes

ELIZA BAVIN | FRIDAY, 16 AUG 2024

... fund said it negotiated lower insurance fees for all members. Hostplus is changing the method by which it calculates premiums, which has resulted in reductions and fairer premiums, it said. Currently, it's based on the number of units held and occupational ...

No one immune to cost-of-living pain: ABS

ELIZA BAVIN | WEDNESDAY, 7 AUG 2024

... household types. Housing also contributed to higher living costs for all household types except self-funded retirees. Higher premiums for motor vehicle, house and home contents insurance, and higher fruit and vegetable prices reflecting unfavourable ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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