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Showing 1 - 10 of 360 results for "Insurance premiums"

Super fund fees exploit Australians' low financial literacy

ANDREW MCKEAN  |  WEDNESDAY, 16 OCT 2024
... apply multiple charges to account holders, including administration fees, investment fees, transaction fees, insurance premiums, activity fees and performance fees. However, only 1% of Australians are aware that there are up to six fee types that most ...

Clime shakes up board again

KARREN VERGARA  |  WEDNESDAY, 16 OCT 2024
... with the appointment of external specialists." "These efforts have resulted in substantial cost reductions in insurance premiums, IT expenses, and systems," he said.

NGS Super to cut insurance premiums

ANDREW MCKEAN  |  TUESDAY, 27 AUG 2024
... group of members" will experience an increase in costs. On average, its members will see a 13.9% reduction in insurance premiums. The weekly cost of income protection cover will decrease by an average of 22.4%, while life insurance premiums will drop ...

Cost of 'comfortable retirement' increases again: ASFA

ANDREW MCKEAN  |  WEDNESDAY, 21 AUG 2024
... home, vehicle, and private health insurance costs as pressures that've caused "further strain on retirees." Insurance premiums saw a sharp increase, rising by 3.1% in the June quarter and 14% over the past year, driven largely by higher reinsurance costs ...

Bennelong, Leadenhall launch ILS fund

KARREN VERGARA  |  TUESDAY, 20 AUG 2024
... help diversify asset risk in an overall investment strategy. Bennelong chief executive John Burke said with insurance premiums increasing globally in recent times, an ILS strategy like this can really benefit investors, as the higher premiums are passed ...

No one immune to cost-of-living pain: ABS

ELIZA BAVIN  |  WEDNESDAY, 7 AUG 2024
... Marquardt said. "Insurance also makes up a larger proportion of spending for these households compared to the CPI. Insurance premiums rose over the year contributing to higher living costs for these households."

Vision Super closes property, infrastructure options

JAMIE WILLIAMSON  |  TUESDAY, 6 AUG 2024
... insurer, MLC Life, to prepare a new portal and policies for Active Super members, and flagged reductions to insurance premiums are expected.

Qantas Super, Australian Retirement Trust to merge

ANDREW MCKEAN  |  WEDNESDAY, 17 JUL 2024
... would allow its members to benefit form a range of high-quality products and services at competitive fees and insurance premiums. "... we have the skills to administer a fund with a membership profile like Qantas Super," Fraser said. He also noted that ...

Group insurance cheaper by 25%: Rainmaker

KARREN VERGARA  |  MONDAY, 15 JUL 2024
... cost savings for group insurance members ranged from $92 for a 40-year-old to up to $450 for a 60-year-old. Insurance premiums for standard death and TPD cover rose for most age groups in 2023-24, which on average increased $48 per annum or 15% for members ...

MIESF adjusts insurance premiums

ANDREW MCKEAN  |  MONDAY, 3 JUN 2024
Meat Industry Employees' Superannuation Fund (MIESF) will increase total and permanent disability (TPD) insurance premiums by 5.4%, effective July 1. MIESF said that while it has a history of providing good value insurance products at competitive rates ...
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