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life/risk
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
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....
Expert Analysis
New analysis conducted by KPMG has confirmed that there is an array of unintended consequences flowing from the Government’s Federal Budget announcement changing the rule...
People and Products
MLC Life Insurance has appointed chief underwriter of HSBC in Hong Kong, Mick Jones, as the new head of underwriting....
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....
Insurance
The prudential regulator has released a final package of measures to clarify and strengthen the role of the appointed actuary within general, life and private health insu...
Insurance
The Financial Services Council has backed calls for life insurer involvement in injured worker rehabilitation with new research....
Insurance
The Financial Planning Association has urged the Government to ensure that total and permanent disability insurance remains opt-out for superannuation fund members....
Insurance
ANZ OnePath has launched two new digital portals which offer super trustees and members real-time access to a centralised source of claims information....
Insurance
AIA Australia Limited has urged a Parliamentary Committee to back life/risk insurers being permitted to assist in injured worker rehabilitation but has admitted it will r...
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 ...