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Showing 791 - 800 of 2274 results for "Premium"

Group life premiums topple benefits paid: Research

KARREN VERGARA  |  WEDNESDAY, 26 JUN 2019
The amount of premiums group insurers charge have outweighed benefit payments by a whopping $21 billion over the last five years, Rainmaker analysis reveals. Using APRA data of industry and retail superannuation funds and their respective life insurers ...

Former Westpac adviser permanently banned

JAMIE WILLIAMSON  |  WEDNESDAY, 26 JUN 2019
A former Westpac financial adviser was permanently banned for providing inappropriate advice that placed a number of clients' retirements in jeopardy. Subeer Luthra was banned by ASIC following surveillance that found he dishonestly altered his clients' ...

Rest increases renewable energy investment

HARRISON WORLEY  |  MONDAY, 24 JUN 2019
... officer George Zielinski said the acquisition would strengthen Rest's infrastructure portfolio. "Collgar Wind Farm is a premium infrastructure asset that has been delivering strong returns for Rest members. Renewable energy projects like this will continue ...

LUCRF Super ups premiums for older members

KARREN VERGARA  |  THURSDAY, 13 JUN 2019
... consequently offering affected members two options, which it states will allow them to keep their current level of fixed premium death-only cover after 1 July 2019 - without the need to answer health questions or be underwritten. The first option is ...

Risk commission changes imperil advice practices

KARREN VERGARA  |  WEDNESDAY, 5 JUN 2019
As financial advisers adjust their business models to the Life Insurance Framework, many fear the Royal Commission's recommendations will further undermine the viability of their practices. This is according to ClearView's latest survey of 630 financial ...

Super figures point to NSW victory

HARRISON WORLEY  |  WEDNESDAY, 5 JUN 2019
... death and TPD default premiums than their Blue opponents. In a QLD fund a 40-year old would pay a default death and TPD premium of just $316.90 a year according to Rainmaker. But in NSW, the number rises all the way to $369.70. With the truths holding ...

Super fund increases premiums

KARREN VERGARA  |  FRIDAY, 31 MAY 2019
A $1.5 billion superannuation fund will increase life insurance premiums as a result of the Protecting Your Super Package reforms. New and existing REI Super members will pay more for death and TPD cover from 1 July 2019. They join the ranks of AustralianSuper ...

Wealth firm backs new Perennial fund

KANIKA SOOD  |  THURSDAY, 30 MAY 2019
... Bornstein said. "The team has a proven track record of successfully negotiating deals and driving a private to public premium," Bornstein said. In May, Perennial launched an active ETF that invests in small caps with an ESG strategy.

Tobacco company launches life insurance offering

KARREN VERGARA  |  FRIDAY, 17 MAY 2019
A major tobacco company is eyeing the life insurance industry by launching products that offer discounts for customers that quit smoking or switch to alternatives. Philip Morris International, the manufacturer of Marlboro cigarettes, will launch life ...

IFM buys North American pipeline operator

KANIKA SOOD  |  TUESDAY, 14 MAY 2019
... economies in which they operate," IFM head of infrastructure Julio Garcia said. The all-cash transaction represents a 27.5% premium to Buckeye's closing unit price on May 9 and a 31.9% premium to Buckeye's volume-weighted average unit price since 1 November ...