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Showing 901 - 910 of 2274 results for "Premium"

Industry fund renews insurer, drops premiums

JAMIE WILLIAMSON  |  FRIDAY, 27 JUL 2018
... reappointed Hannover Life Re as its group insurer from July 1. In doing so, the fund has reduced life insurance premiums by 20%. Premium reductions were made possible primarily by remodeling policy and cover to produce a sustainable set of insurance ...

Best in show should not dampen competition: Bowen

KANIKA SOOD  |  WEDNESDAY, 25 JUL 2018
Shadow Treasurer Chris Bowen said it is hard to argue against a case for better-performing superannuation funds as put forth by the Productivity Commission, yet the best in show approach must be careful that it doesn't dampen competition. Speaking at ...

Chief economist update: Australian dollar loss is economy's gain

BENJAMIN ONG  |  THURSDAY, 12 JUL 2018
"I got chills, they're multiplying..." - Grease The Australian dollar is down! Repeat, the Australian dollar is down! At the time of writing, Australia's legal tender is trading 5.8% lower against the US this year to date; 3.2% cheaper against ...

Mercantile takeover of private equity fund moves ahead

HARRISON WORLEY  |  THURSDAY, 5 JUL 2018
... superior proposal, with the Mercantile Investment Company subsidiary offering 7.75 cents in cash per IPE share - a 23% premium above the last traded price before the offer of $0.063 per share. Originally announced to the market early last month, the ...

Royal Commission cracks down on life insurance phone sales

KARREN VERGARA  |  THURSDAY, 5 JUL 2018
The banking and financial services Royal Commission has unearthed the unethical practices and incentives of life insurers selling policies over the phone at the expense of the most vulnerable customers living in remote communities. ASIC Indigenous Outreach ...

Same insurance cover, different price: Research

KARREN VERGARA  |  TUESDAY, 3 JUL 2018
Group insurance remains cost effective and beneficial for members, but there's significant disparity among premium rates and the level of cover superannuation funds are offering, latest Rainmaker research reveals. The study of 15,000 insurance deals ...

Chief economist update: Draining the swamp

BENJAMIN ONG  |  TUESDAY, 3 JUL 2018
... other developed central banks' interest rates still on hold, rising US rates would raise the US dollar's yield premium, attracting more funds inflow into America. The flipside, of course, is depreciation in the currencies of America's trading ...

Unintended consequences for opt-in insurance: KPMG

HARRISON WORLEY  |  WEDNESDAY, 27 JUN 2018
Group life insurance premiums are set to rise if the Federal Government implements proposed changes to default insurance in superannuation, according to KPMG. The firm's latest research forecasts a 50% reduction in group life insurance cover as a result ...

Best-in-show list addresses insurance gaps

KARREN VERGARA  |  FRIDAY, 22 JUN 2018
Creating a best-in-show list of default superannuation funds shouldn't overlook specific needs of members, particularly when it comes to life insurance, according to Cbus. The industry super fund told the Productivity Commission yesterday that while ...

Global manager hires former Wallaby, launches unit trust

DARREN SNYDER  |  FRIDAY, 22 JUN 2018
... attitude," Barham said. Up to December 2017, Horan headed the sports and entertainment business in Westpac's private and premium banking division for more than seven years. Prior to this he was head of capital raising at Meridian Funds Management and ...