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insurance
Insurance
The estimated costs of claims related to the floods on the East Coast of Australia have now passed $2 billion, according to the Insurance Council of Australia. ...
Insurance
The Australian Institute of Superannuation Trustees has announced a two-year partnership with MetLife....
People and Products
Anne Maree Howley has been appointed as senior ombudsman for superannuation, among seven newly-created ombudsman roles....
Insurance
Financial Services Council superannuation and life insurance members will be prohibited from the use of exclusions and restrictive disability definitions because a super ...
Insurance
Member communication required to be sent out by underperforming funds doesn’t take into consideration the full product and could lead to members losing appropriate insura...
Insurance
For the industry to solve concerns over insurance tied to stapled funds, it must address two different elements to the issue, according to MLC Life. ...
Insurance
The sale of Westpac Life Insurance Services sees the bank’s exit manufacturing life insurance products and would release capital back to the bank....
Insurance
Insurance holders are feeling misled by 100% premium increases in ‘level’ policies but it is “tricky” to find an alternative label, according to the Australian Financial ...
Superannuation
Superannuation funds need to ensure they are engaging with members on insurance in super especially after Your Future, Your Super stapling measures may lead to inappropri...
Superannuation
Frontline health workers should be excluded from stapling measures in the Your Future, Your Super bill to avoid missing out on crucial insurance. ...
Insurance
Agreed value individual disability income insurance contributed to significant sustainability issues in the life insurance market and insurers need to design flexible pro...
Insurance
The life insurer’s program has now been rolled out to Aware Super, Rest Super, LGIA Super, MyLife MyInsurance, NGS Super, Prime Super and TWUSUPER. ...
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 ...