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Showing 1 - 9 of 9 results for "Funeral bonds"

APRA slaps $5.5m capital penalty on KeyInvest

MATTHEW WAI  |  TUESDAY, 5 AUG 2025
... questionable long-term objectives. KeyInvest is a life insurance company and friendly society that primarily offers funeral bonds. Following an independent review, APRA has identified shortcomings in KeyInvest's risk management framework and raised ...

Insignia offloads investment bonds unit

KARREN VERGARA  |  MONDAY, 24 JUL 2023
... smooth transition for IOOF policyholders," Kerr said. The life and superannuation unit offers investment bonds, funeral bonds, and education savings plans. It had $2.3 billion in FUM as at 30 June 2022.

Wills are an afterthought for the rich: Lawyer

KARREN VERGARA  |  WEDNESDAY, 27 FEB 2019
... about who will make the decisions; who is appointed executor; and what type of burial will take place. Other than funeral bonds which are binding, Sakellaris said she sees numerous cases where children did not follow funeral arrangement instructions ...

Private equity firm sells Bravura stake

ALEX BURKE  |  FRIDAY, 2 MAR 2018
... portfolio administration platform. Foresters provides investment and insurance products such as friendly society bonds, funeral bonds, and death and distress benefit funds. It supports a large network of Australia's funeral directors through the provision ...

Bravura scores platform deal

KARREN VERGARA  |  THURSDAY, 11 JAN 2018
... insurance policy business. Foresters provides investment and insurance products such as friendly society bonds, funeral bonds, and death and distress benefit funds. It supports a large network of Australia's funeral directors through the provision of ...

Australian Unity launches funeral bond

KARREN VERGARA  |  MONDAY, 31 JUL 2017
... inflation over longer timeframes, Australian Unity national manager of strategy, life and super Greg Bird said. Funeral bonds were traditionally sold to senior Australians with a limited structure designed to meet future funeral expenses and the security ...

Funeral bonds on the minds of advisers

DARREN SNYDER  |  MONDAY, 27 JUN 2016
... end of the financial year as there can be significant financial planning advantages associated with investing in funeral bonds," Cooper said. "Investments of up to $12,250 are currently exempt from Centrelink and the Department of Veterans' Affairs income ...

New laws bring aged care advice into the spotlight

LAURA MILLAN  |  MONDAY, 7 JUL 2014
... fact that the government is closing down or reducing thresholds on many benefits. This has boosted the demand for funeral bonds, which are exempt from the social security assets and income test up to the $12,000 threshold. "For an individual subject ...

AUI stays with OneVue unit registry

ALEX DUNNIN  |  TUESDAY, 31 JUL 2012
... since 2006 and uses OneVue's unit registry to administer unit trusts, property syndicates, investment bonds and funeral bonds for institutional funds, retail clients and a network of investment advisers. OneVue chief executive of unit registry solutions ...
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