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Showing 831 - 840 of 2425 results for "Claims"

NFP funds dominate group insurance market

KARREN VERGARA  |  THURSDAY, 18 JUL 2019
... for the majority of the group insurance market at 60%. NFP funds account for more than half (53%) of premiums and 59% of claims paid. On average, they offer higher default levels of cover than retail funds, but at a lower rate per unit of cover, Rainmaker ...

ISA lays out $416bn super saving plan

HARRISON WORLEY  |  THURSDAY, 18 JUL 2019
... savings in fees and premiums (including the impact of recent changes) through the elimination of multiple accounts, which it claims to be roughly $4 billion more than could be achieved through account stapling. ISA acting chief executive Matthew Linden ...

Impact investing under threat

ELIZABETH MCARTHUR  |  TUESDAY, 16 JUL 2019
... impact-washing. A recent analysis of green themed funds around the globe found 85% make unsubstantiated and misleading impact-related claims - most commonly suggesting positive environmental impacts resulted from the investment strategy. The report ...

ASIC slams consumer credit failures

HARRISON WORLEY  |  FRIDAY, 12 JUL 2019
... of a "very low value", revealing consumers who purchase CCI sold alongside their credit cards only receive 11 cents in claims for every dollar paid in premiums. Across all lenders, the figure moves to just 19 cents in the dollar. ASIC said CCI sales ...

NEOS upgrades super product

KARREN VERGARA  |  THURSDAY, 11 JUL 2019
... superannuation funds and the banking system. This results in rapid, error-free transaction processing for new policies, refunds, claims or commissions, ensuring Australians are protected and advisers are paid faster, NEOS managing director Brett Yardley ...

Grattan SG claims slammed by industry bodies

HARRISON WORLEY  |  THURSDAY, 11 JUL 2019
... the pension," ISA said. "Both can't be true. Not only does one completely contradict the other and make a mockery of the claims, the modelling Grattan relies on to peddle these myths is deeply flawed." According to ISA, Grattan's modelling overstates ...

Asset manager reshuffles board

HARRISON WORLEY  |  THURSDAY, 11 JUL 2019
... Keybridge Capital - which has been embroiled in a stoush with former funds management arm Aurora Funds Management over claims of owed funds - is in the process of reorganising its board. Chair John Patton has been removed from his position, to be replaced ...

MLC faces class action over adviser fees

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 JUL 2019
... of over 100,000 MLC Super Fund members." NAB responded to a request for comment, saying: "We will consider carefully any claims that may be brought against NULIS by IMF Bentham and William Roberts Lawyers."

PYSP queries inundate super funds

KARREN VERGARA, JAMIE WILLIAMSON  |  FRIDAY, 5 JUL 2019
... recent Protecting Your Super legislation changes which are leading to longer wait times, and we're also investigating claims of calls to us being disconnected." Preliminary results from Financial Standard 's spot poll shows that the majority ...

Putting Members' Interests First Bill reintroduced

KARREN VERGARA  |  FRIDAY, 5 JUL 2019
... blunt and the timeframe is too short", she said, adding that younger people in risky occupations do get injured and make claims. "The legislation needs to contain exemptions for super funds with members in this category."