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Search ResultsShowing 1 - 10 of 70 results for "Interests First"
Spirit Super drops fees after merger
KANIKA SOOD  |  THURSDAY, 1 APR 2021
... its February 2021 premium hike to COVID-19 and government reforms, and the February 2020 hike to Putting Members Interests First and Protecting Your Super. T asplan attributed its 7% fee hike in September 2020 to PYSP and PMIF .
Risk inflows stagnant, satisfaction varies
ANNABELLE DICKSON  |  WEDNESDAY, 31 MAR 2021
... risk premium inflows decreased 0.6% over the year as a result of the Protecting Your Super and Putting Members' Interests First legislation. Despite this, AIA Australia recorded 27.3% growth followed by QInsure at 3.8%. BT/Westpac recorded a negative ...
Montgomery launches two global strategies
KARREN VERGARA  |  THURSDAY, 4 MAR 2021
... with two companies with extensive experience in investing over multiple cycles and in putting their clients' interests first." Polen has about US$60 billion in total assets, with offices in the UK and US. It currently has a local distribution partnership ...
Industry fund chief executive to depart
ELIZABETH MCARTHUR  |  MONDAY, 15 FEB 2021
... many people in the superannuation sector. He has consistently "walked the talk" when it comes to putting members' interests first," Martin said. "His contribution to both to the superannuation sector and to UniSuper's success was appropriately recognised ...
MTAA, Tasplan reveal new brand
KANIKA SOOD  |  MONDAY, 18 JAN 2021
... September 2020. MTAA also increased its death and TPD premiums in February 2020, attributing it to Putting Members Interests First and Protecting Your Super reforms and subsequent decrease in the number of members covered by its group insurance policy. ...
FS team picks: The top stories for 2020
ELIZABETH MCARTHUR, KANIKA SOOD  |  THURSDAY, 17 DEC 2020
... Retirement Fund exploring a merger . When the government passed the Protecting Your Superannuation and Putting Members Interests First reforms last year, super funds warned the changes would drive up the costs to members and Financial Standard consistently ...
Retail fund ups premiums
ELIZABETH MCARTHUR  |  TUESDAY, 15 DEC 2020
... income protection premiums recently. Many of the funds said that the Protecting Your Super and Putting Members' Interests First reforms had triggered an exodus from group policies - decreasing the insured pool and increasing the cost for those remaining ...
Underinsurance gap worsens: Research
KARREN VERGARA  |  FRIDAY, 20 NOV 2020
... Voluntary Code of Practice, Life Insurance Framework reforms, Protecting Your Super (PYS)/ Putting Members' Interests First (PMIF) legislation and COVID-19, according to the firm's 2020 underinsurance report. The PYS and PMIF legislation in particular ...
Successor fund transfer finalised
ELIZABETH MCARTHUR  |  TUESDAY, 17 NOV 2020
... transferred to Sunsuper, with a few changes to align the insurance with Sunsuper's offering and the Putting Members' Interests First legislation. For example, the IAG & NRMA plan adjusted insurance when age or salaries changed, but Sunsuper adjusts insurance ...
Industry fund hikes income protection premiums
ANNABELLE DICKSON  |  FRIDAY, 16 OCT 2020
... attributes the rise in premiums to the recent changes in legislation, Protecting Your Super and Putting Members' Interests First, which has triggered an exodus members holding insurance within superannuation. "As a result, Media Super, like many super ...
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