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

Search Results

Showing 811 - 820 of 2289 results for "Premium"

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 ...

Super funds grapple with PYSP deadline

KARREN VERGARA  |  FRIDAY, 10 MAY 2019
The looming Protecting Your Super reforms is putting some superannuation funds at risk of not meeting the deadline as they scramble to have compliant systems and processes in place. QMV principal consultant for legal and risk Jonathan Steffanoni says ...

Communication fails to keep member interests at heart

KARREN VERGARA  |  WEDNESDAY, 8 MAY 2019
Many superannuation fund members are feeling confused after receiving communication from trustees attempting to explain the new Protecting Your Superannuation Package laws. Some super funds however, are outshining others. APRA wrote to trustees today ...

Should super funds segregate pension assets?

KANIKA SOOD  |  TUESDAY, 7 MAY 2019
... unquantifiable end, the segregation may help set higher liquidity rules for pension members while harvesting illiquidity premium for accumulation members, and assist in choosing different strategies such as those with long-horizon payoffs for accumulators ...

Pension fund acquires telco

ELIZABETH MCARTHUR  |  FRIDAY, 26 APR 2019
... and thrive under private ownership and that is why we have made this compelling offer to shareholders at an attractive premium." "With the right capital support and assistance, we believe that KCOM's management will be able to enhance the quality ...

Sargon named trustee for new super fund

HARRISON WORLEY  |  TUESDAY, 23 APR 2019
Sargon has been appointed trustee of a new superannuation fund offered by a specialist insurance company. Sargon will act as trustee for the PPS Mutual Super Fund, which has been designed to enable PPS Mutual to offer a "complete" life insurance solution ...