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Showing 941 - 950 of 2291 results for "Premium"

Increasing SG is not the answer: O'Dwyer

KARREN VERGARA  |  THURSDAY, 5 APR 2018
Federal Revenue and Financial Services Minister Kelly O'Dwyer has rebuffed the Labor Party's push to raise the superannuation guarantee (SG), pointing out several reasons why this is not the only answer to help boost retirement savings. O'Dwyer told ...

Merged super funds save $30m for members

KARREN VERGARA  |  WEDNESDAY, 4 APR 2018
... account balances are below $6000 will receive half the cover they would currently get, and therefore only pay half the premium. Once their account balance gets to $6000 we will automatically boost their cover," Hartley explained. This will ensure people ...

Magellan cuts ties with Cricket Australia

ALEX BURKE  |  THURSDAY, 29 MAR 2018
... with Magellan and supporting its growth objectives." Magellan chief executive Hamish Douglass added: "Test cricket is the premium form of the game and its attributes of patience, skill and dedication to excellence are aligned with Magellan's approach ...

Industry fund signs super code, slashes premiums

JAMIE WILLIAMSON  |  TUESDAY, 27 MAR 2018
... account balances are below $6000 will receive half the cover they would currently get, and therefore only pay half the premium. Once their account balance gets to $6000 we will automatically boost their cover," he explained. He said this will ensure ...

O'Dwyer flags government intervention on insurance in super code

KARREN VERGARA  |  THURSDAY, 22 MAR 2018
The Revenue and Financial Services Minister said the Federal Government is prepared to take matters into its own hands because superannuation funds still aren't doing enough to stop life insurance premiums unduly eroding retirement savings. Kelly O'Dwyer ...

Super industry wants tougher insurance code

KARREN VERGARA  |  MONDAY, 19 MAR 2018
Industry stakeholders expect 90% of Australia's superannuation funds to sign the Insurance in Superannuation Voluntary Code of Practice before March 31, despite its several shortcomings. ANZ, AustralianSuper, MLC, MTAA Super, REST Industry Super and ...

MetLife expands retail life business

KARREN VERGARA  |  WEDNESDAY, 14 MAR 2018
MetLife is ramping up its retail life insurance offering with two new appointments. Casey Sugden joins as senior sales manager for Victoria and Tasmania, tasked with leading adviser engagement and growing the regional sales team. Sugden was most recently ...

Advisers reckoning with direct risk sales growth: Research

KARREN VERGARA  |  WEDNESDAY, 7 MAR 2018
Life insurance products sold directly to consumers are gaining prevalence over an area historically dominated by financial advisers and dealer groups, Strategic Insight's latest statistics show. The researcher found that in the decade to 2017, risk ...

AXA inks $20 billion deal, pivots insurance business strategy

JAMIE WILLIAMSON  |  TUESDAY, 6 MAR 2018
... XL Group for a total consideration of $19.7 billion, to be paid in cash. AXA offered US$57.60 for each XL share, a 33% premium on the company's closing price on 2 March 2018. AXA chief executive Thomas Buberl described the transaction as a strategic ...

Wearables driving life insurance engagement

KARREN VERGARA  |  FRIDAY, 2 MAR 2018
... wearable and mobile devices. Members incidentally receive rewards in the form of shopping vouchers and lower life insurance premium of up to 20%, Mu said. Vitality has about 45,000 members and "we expect that to grow," he said, adding the first phase ...