Insurance
Insurance
The Federal Treasury has confirmed that round five million superannuation fund members will be impacted by the Government’s proposed Budget changes to insurance inside su...
Insurance
The Australian Securities and Investments Commission has declared that the lack of compulsion around the insurance inside superannuation code represents a ‘significant we...
Insurance
The financial services group said it will sell its Australian life insurance arm to TAL Dai-ichi Life Australia for $725 million after announcing a 4.1 per cent dip in FY...
Insurance
The Australian Prudential Regulation Authority has backed industry calls for a longer transition period for the Government’s Budget changes to insurance inside superannua...
Insurance
The Financial Services Council has announced two major initiatives to improve outcomes for life/risk consumers, including extending the practice code to cover superannuat...
Insurance
Self-regulation would not be an adequate protection if life insurers were permitted to participate in worker rehabilitation, according to mental health body, beyondblue....
Insurance
Industry Super Australia has warned the Government’s move to make insurance inside superannuation “opt in” for under 25s could leave millions of Australians without appro...
Insurance
The Australian Prudential Regulation Authority has shown concern about poor disability income insurance, reporting that the performance and sustainability of DII products...
Insurance
Plaintiff law firm Maurice Blackburn has slammed the Insurance inside Superannuation Working Group as an ‘ineffectual exercise’ which has given rise to serious unintended...
Insurance
All group life insurance should be “opt-in” according to ClearView managing director, Simon Swanson, in circumstances where the “cheapness” of group can be illusory....
Insurance
Commonwealth Bank has completed the sale of its life insurance business in New Zealand to AIA Group Limited....
Insurance
The change to default group insurance put forward by the Federal Budget could result in a 50 per cent reduction in overall insurance cover inside super, KPMG has warned....
From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...
Super director remuneration ...
No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...