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Showing 881 - 890 of 2274 results for "Premium"

Direct life insurance failing consumers: ASIC

KARREN VERGARA  |  THURSDAY, 30 AUG 2018
... firms failed to provide adequate information about important aspects of the cover, including key exclusions and future premium increases. They also engaged in pressure selling techniques, including refusing to send out paperwork unless a consumer committed ...

BT overhauls life cover limits and definitions

JAMIE WILLIAMSON  |  WEDNESDAY, 29 AUG 2018
... removing exclusions relating to Children's Benefit and Child Support Benefit. Finally, as of 28 August 2018, a two-year premium rate guarantee will be applied to all new policies. However, this will not be in relation to standard increases or customer-initiated ...

More risk advisers offloading practices

KARREN VERGARA  |  WEDNESDAY, 29 AUG 2018
... Remuneration Act, which came to effect on 1 January 2018. Insurance companies used to receive up to 120% of the first year's premium as a commission, he said. Secondly, the fact that the responsibility period for the commission payment has been stretched ...

TAL waives life premiums for drought-stricken farmers

KANIKA SOOD  |  TUESDAY, 28 AUG 2018
... drought," Clark said in a statement. "We encourage our customers to contact TAL or their financial adviser to access the premium relief package." TAL did not disclose the expected cost to the company for the initiative. "While a relatively small percentage ...

OneVue and boutique fund manager ink platform deal

JAMIE WILLIAMSON  |  TUESDAY, 28 AUG 2018
... insto market is where it sees the largest growth opportunity. OneVue is finalising contractual negotiations with five premium brand institutional clients, she added.

Chief economist update: Famous last words

BENJAMIN ONG  |  TUESDAY, 28 AUG 2018
... is the most useful term spread for forecasting recessions-without any adjustment for an estimate of the underlying term premium." Sure, we're not still there (as the FRBSF shows) but with the Fed on a rising path towards higher rates and investors ...

OneVue posts solid earnings, fund services stands out

KANIKA SOOD  |  MONDAY, 27 AUG 2018
... insto market is where it sees the largest growth opportunity. OneVue is finalising contractual negotiations with five premium brand institutional clients. "As revenues from sources such as shelf space fees are at threat and affecting many revenue and ...

Boutique fund house backs zinc project

JAMIE WILLIAMSON  |  FRIDAY, 24 AUG 2018
... by mid-2019. It will also be used for general working capital. The placement price of $0.035 a share represented a 6.1% premium. "To complete this placement at a premium to the closing share price, despite what remains relatively difficult conditions ...

Life insurance sector strengthens

KARREN VERGARA  |  FRIDAY, 24 AUG 2018
The life insurance industry turned in a solid FY18, latest APRA statistics show. In the year to 30 June 2018, life insurers' total revenue stood at $37.6 billion, up 11.5% higher than the previous corresponding period. This was driven by net policy ...

ClearView results up despite adviser earnings drop

HARRISON WORLEY  |  FRIDAY, 24 AUG 2018
Diversified financial services firm ClearView increased underlying net profit after tax (NPAT) in its wealth management and life insurance arms during FY18, however financial advice earnings dropped. Releasing its FY18 results yesterday, ClearView said ...