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Showing 71 - 80 of 256 results for "Insured"

Club Plus announces insurance changes

ELIZABETH MCARTHUR  |  MONDAY, 16 NOV 2020
... permanent disability and income protection cover reduce. Club Plus is also removing the insurance administration charge for insured members. The reductions are different for each age group. For example, those aged 31-45 will go from paying $1.95 a week ...

Sunsuper ups TPD premiums

KARREN VERGARA  |  WEDNESDAY, 11 NOV 2020
... October-end) recently announced several changes to its insurance offering, which included updating the TPD definition AIA insured Sunsuper for life Corporate plans, and Sunsuper for life Business plans. Members with TPD cover who experience a catastrophic ...

APRA reduces ERS reporting for funds

ELIZA BAVIN  |  WEDNESDAY, 21 OCT 2020
... no longer have to continue providing information on complaints handled through internal dispute resolution processes, insured member accounts, insurance claims and claim duration. APRA will also stop requiring funds to report on members accounts which ...

APRA, ASIC release life insurance stats

ELIZABETH MCARTHUR  |  TUESDAY, 20 OCT 2020
... shortest average claim time at five months. When it came to disputes, the industry average is 36.2 disputes per 100,000 lives insured. Westpac had the highest average with 53 disputes per 100,000 lives. In group insurance, the average dispute per100,000 ...

Industry fund hikes income protection premiums

ANNABELLE DICKSON  |  FRIDAY, 16 OCT 2020
... increased insurance premiums to members. All premiums payable to Media Super's insurer are deducted from the accounts of insured members," it said in a note to members. The $6 billion fund said it regularly reviews its insurance offering to make sure ...

Hostplus freezes premiums

ELIZABETH MCARTHUR  |  WEDNESDAY, 14 OCT 2020
... legislative changes including the Protecting Your Super and Putting Members' Interests First packages saw the pool of insured accounts decrease. REI Super, Tasplan, legalsuper and Intrust Super all recently increased premiums on various types of cover. ...

BOQ sells insurance business

ELIZA BAVIN  |  WEDNESDAY, 14 OCT 2020
... Matt Lancaster said the company is looking at its purchase of St Andrew's with a "long horizon" mindset. "St Andrew's has insured more than 600,000 Australians over its two decade history and we look forward to seeing the company deliver simple and cost ...

Half of UK pension funds seek buy-out

JAMIE WILLIAMSON  |  MONDAY, 12 OCT 2020
... consolidation, Hymans Robertson said. The firm's half-year risk transfer report found $45 billion of pension scheme risk was insured in the first six months of this year, and that 40% of FTSE100 companies that sponsor DB schemes have completed buy-ins ...

Australia world class in retirement wellbeing

ANNABELLE DICKSON  |  WEDNESDAY, 30 SEP 2020
... said. Coming in at 10th, Australia this year saw its largest improvement in the Health sub-index due to a higher score in insured health expenditure and finishing in 8th place for life expectancy but dropped in interest rates to 10th and bank non-performing ...

Bermuda-based fund launches down under

ALLY SELBY  |  WEDNESDAY, 23 SEP 2020
... trillion." The fund invests in life insurance policies which it buys from the owner, paying for the premium until the insured person dies. The Life Settlements Fund then collects a pay-out form the insurance company. Laureola believes this is a "win-win" ...

Editor's Choice

Invesco launches new equity fund

ELIZA BAVIN
Invesco said the new fund will give Australian investors access to a systematic global equity strategy with a 20-year track record.

FCA pursues Neil Woodford again

KARREN VERGARA
The Financial Conduct Authority (FCA) is going after failed fund manager Neil Woodford again, this time for allegedly providing unauthorised investment advice via W4.0, his Dubai-based investment platform.

Former APRA deputy chair launches retirement solutions startup

KARREN VERGARA
A former APRA deputy chair has launched CipherIQ, a new venture that provides retirement solutions via account-based pensions in partnership with superannuation funds, financial advisers and retirees.

Global X launches space tech ETF

MATTHEW WAI
Global X has now launched the space tech ETF (ASX: MOON).

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