Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 811 - 820 of 2274 results for "Premium"

New wellbeing venture for BT

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 APR 2019
... neurological deficit will now allow clients to claim under the multiple sclerosis condition. In addition, BT said it is reducing premium rates for Needlestick Benefit policies, tailored for clients who work as medical professionals. This will provide ...

AustralianSuper hikes insurance fees

KARREN VERGARA  |  TUESDAY, 2 APR 2019
... work rating and amount of cover desired. Members have been provided with a fact sheet that can be used to calculate new premium amounts. The cost of income protection based on a standard work rating and a benefit payment period of up to five years or ...

Treasurer courts retirees with new superannuation measures

KARREN VERGARA  |  TUESDAY, 2 APR 2019
Federal Treasurer Josh Frydenberg unveiled new superannuation measures on the eve of releasing the 2019-20 Budget in a bid to win over retirees. Frydenberg announced yesterday that 65 and 66-year-olds will be able to make voluntary superannuation contributions ...

Treasury proposes standardised default insurance definitions

KARREN VERGARA  |  FRIDAY, 29 MAR 2019
Commissioner Kenneth Hayne's push to have standardised terms and definitions for group insurance is open for consultation until April 26. Treasurer Josh Frydenberg is taking recommendation 4.13 from the Royal Commission's final report further by determining ...

ClearView defends risk advice commissions

KARREN VERGARA  |  TUESDAY, 26 MAR 2019
... Australian Financial Services Licensee (AFSL)." Under the LIF, which was introduced on 1 January 2018, the first year's premium is capped at 80% with a 20% trailing commission thereafter. From 1 January 2019, the first year's premium was capped ...

Robert slates industry over inactive accounts

HARRISON WORLEY  |  THURSDAY, 21 MAR 2019
Assistant Treasurer Stuart Robert has taken aim at the financial services industry over its "lazy" attitude in dealing with inactive superannuation accounts. Speaking at the Financial Services Council's Life Insurance Conference in Sydney this morning ...

TAL goes back-to-back at AFA awards

HARRISON WORLEY  |  MONDAY, 18 MAR 2019
... on the life insurance industry shows that trends over the last five years have continued, with overall life insurance premium inflows down 9% but overall risk premium inflows increasing by almost 2% to year-end September 2018," Soloman said. "We expect ...

Boutique fund manager drops fees

JAMIE WILLIAMSON  |  WEDNESDAY, 13 MAR 2019
A boutique funds management group is reducing the management fees on one of its signature funds. Premium China Funds Management is dropping the management fee on its Premium Asia Fund by 45 basis points. This will sit alongside the removal of the performance ...

GPT sells MLC Centre for $800 million

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 MAR 2019
... Dexus Wholesale Property Fund after entering into a binding agreement. The sale price is $800 million, representing a 3%premium to GPT's December 2018 book value. The asset has achieved a return in excess of 20%per annum for the group. GPT announced ...

Bond fund launches to local investors

KARREN VERGARA  |  MONDAY, 11 MAR 2019
A new credit fund has launched to Australian wholesale investors. The Loomis Sayles World Multi-Asset Credit Fund invests in global investment grade and high yield credit, bank and securitised loans, and emerging markets sectors. It replicates the $US2.9 ...