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Showing 71 - 80 of 492 results for "Group insurance"

TWUSUPER adds fee to combat cross subsidisation

JAMIE WILLIAMSON  |  TUESDAY, 5 JUL 2022
... covering the cost of insurance administration. As at March end, 66,000 of TWUSUPER's roughly 101,000 members had group insurance cover. This means the remaining 35,000 are helping pay for their cover. The tax rebate of up to 15% that insured members ...

ASFA, Deloitte recommend group insurance changes

ANDREW MCKEAN  |  FRIDAY, 3 JUN 2022
Collaborating to examine the benefits of insurance offered via superannuation, the Association of Superannuation Funds of Australia (ASFA) and Deloitte have made recommendations as to how it could be enhanced. A joint report titled ' The Future of Insurance ...

Mercy Super awards group insurance mandate

CHLOE WALKER  |  WEDNESDAY, 1 JUN 2022
... "We're proud to be able to continue this tradition in our new insurance partnership with Zurich." Zurich's head of group insurance Darren Wickham said: "We're delighted to be given the opportunity to provide the members of Mercy Super with peace of mind ...

Cbus executive named ESSSuper chief

JAMIE WILLIAMSON  |  FRIDAY, 6 MAY 2022
... expectations," she said. In joining, she replaces Puli who left at the beginning of the year to join MLC Life's group insurance business. Acting in the role since has been David Daley, ESSSuper's general manager, member engagement. "David has ...

75% of Aussies don't understand group cover: MLC Life

JAMIE WILLIAMSON  |  THURSDAY, 28 APR 2022
Superannuation funds must do a better job of communicating the value of group insurance, with research revealing just 25% of Australians understand what they're covered for, and many may not be adequately covered following recent reforms. MLC Life Insurance ...

AustralianSuper drops premiums

JAMIE WILLIAMSON  |  THURSDAY, 14 APR 2022
... members will still only pay what it costs to provide their insurance," AustralianSuper said. AustralianSuper's group insurance provider is TAL.

AIA appoints risk, transformation roles

KARREN VERGARA  |  TUESDAY, 8 MAR 2022
... exciting time for AIA and I'm thrilled to be leading this transformation," Thornton said. AIA recently won a group insurance mandate from AvSuper. The super fund's membership is currently covered by Hannover Life RE which is due to exit the market ...

AvSuper names insurer, premiums rise

JAMIE WILLIAMSON  |  MONDAY, 7 MAR 2022
... premiums from next month, as it continues work to identify a merger partner. The $2.5 billion fund has awarded a group insurance mandate to AIA Australia. The fund's membership is currently covered by Hannover Life RE which is due to exit the market ...

Super fund cuts fees, appoints insurer

JAMIE WILLIAMSON  |  FRIDAY, 4 MAR 2022
... new group insurer ahead of Hannover Life RE exiting the market. Also effective April 1, AIA will take over the group insurance mandate for the fund. AIA will retain the existing insurance arrangements, with no changes to terms, conditions or premiums ...

AIST, MetLife tackle underinsurance issue

KARREN VERGARA  |  TUESDAY, 8 FEB 2022
... Australian Institute of Superannuation Trustees have joined forces to raise awareness about the importance of group insurance in a bid to tackle the underinsurance problem. AIST chief executive Eva Scheerlinck told Financial Standard that this partnership ...