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Showing 921 - 930 of 2291 results for "Premium"

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 ...

Default life insurance reforms ineffective: Research

KARREN VERGARA  |  WEDNESDAY, 13 JUN 2018
The Federal Government's proposal to ban default life insurance in superannuation for younger members and those with low balances would supress retirement savings and cost the economy $2.46 billion annually, latest research from AIA Australia shows. ...

$26 billion real estate group shuffles portfolio

KANIKA SOOD  |  TUESDAY, 5 JUN 2018
... estate group's previous asset sales. Since its 2015 merger, the company has sold $1.9 billion of assets at a 2.1% premium to book value, with the proceeds going towards reducing debt and higher return opportunities, according to Vicinity chief executive ...

Super protection policy needs improvement

DARREN SNYDER  |  FRIDAY, 1 JUN 2018
Advocacy group Women in Super is calling on the Federal Government to re-examine its policy to end life insurance for Australians with low superannuation balances or accounts with little activity, suggesting it could be detrimental to women with dependents. ...