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Showing 851 - 860 of 2274 results for "Premium"

TAL slashes jobs, cuts outbound sales

JAMIE WILLIAMSON  |  FRIDAY, 19 OCT 2018
... players - found numerous issues with the sales practices used, including; failure to disclose key exclusions and future premium increases; pressure selling tactics; refusal to provide paperwork before closing the sale; and individual bonus payments based ...

NobleOak wins best direct life insurer award

KARREN VERGARA  |  FRIDAY, 19 OCT 2018
... the Overall Direct Life Insurance Excellence Award, NobleOak took home three other gongs. It won the TPD Award for its Premium Life Direct - TPD Option Rider product; the Income Protection Award for its My Protection Plan - IP Cover; and the Customer ...

Industry fund drops life premiums, pension fees

JAMIE WILLIAMSON  |  THURSDAY, 18 OCT 2018
A $1.5 billion industry superannuation fund is reducing select insurance premiums after renegotiating its group insurance mandate. It also slashed the administration fee on its pension account. Under a new group cover deal with MetLife, REI Super has ...

Charity comparator to launch premium service

KANIKA SOOD  |  MONDAY, 15 OCT 2018
A charity comparator website co-founded by a former Lonsec general manager is set to launch a premium vetting service for wealthy donors. The Impact Suite collects data on about 56,000 not-for-profits (NFP) and charities. The free version launched in ...

Chief economist update: Wall Street has fallen, prepare to be greedy

BENJAMIN ONG  |  THURSDAY, 11 OCT 2018
... a run for their money. The increase in the US 10-year Treasury bond yield to around 3.2% has reduced the S&P 500's premium to 3.7% compared with the long-term average of 4.4%. Similarly, the higher yield investors could get from buying US Treasuries ...

KKR offers $2.6b to acquire MYOB

KANIKA SOOD  |  MONDAY, 8 OCT 2018
... is offering to pay $3.70 per share in cash, MYOB said in company filings. The private equity firm's offer is a 24% premium to MYO's Friday's close of $2.98. It is discount of about 3% to MYOB's one-year high of $3.81. KKR's proposal ...

Australian Unity mulls fund takeover

JAMIE WILLIAMSON  |  MONDAY, 8 OCT 2018
... acquire all of the issued units in AOF by way of a trust scheme. Starwood is offering $2.95 cash per unit, which is a premium of 9.7% on the fund's closing price of $2.69 from October 5. This is the fourth offer from Starwood this year, with the ...

AMP defends charging dead clients

HARRISON WORLEY  |  THURSDAY, 4 OCT 2018
... delinking from a corporate superannuation plan, AMP said a member defaults into either a product using only one set of premium rates that applies to all members or a product using multiple categories and corresponding premium rates. This is otherwise ...

The joys of an independent board

KANIKA SOOD  |  WEDNESDAY, 3 OCT 2018
... dropped its management fee by 0.05% for investments above the sterling 250 million of net assets value. Taming the discount/premium to NAV Apart from better fee structures, boards can help curb the discount or premium at which a listed investment company ...

Elon Musk steps down as Tesla chair

KANIKA SOOD  |  TUESDAY, 2 OCT 2018
... already secured funding and was awaiting shareholder approval. The SEC alleged the $420 price was arbitrary and a 20% premium, and that Musk's Twitter-storm caused the stock to jump 7%, disrupting the market significantly. In a settlement, Elon Musk ...