One of the biggest barriers preventing super fund engagement was lack of trust surrounding insurer pay outs, according to MetLife Australia....
The Commonwealth Bank has reset key elements of the transaction around the sale of CommInsure to AIA Australia, including a $150 million reduction in the sale price....
The Australian Prudential Regulation Authority has flagged that it will next year be finalising the changes to insurance selection recommended by the Royal Commission....
Life insurer MLC Life Insurance has hired Sean Williamson to focus on growth opportunities for group distribution....
The Federal Government has been urged to significantly extend the timeframes for the introduction of its further measures on insurance inside superannuation in circumstan...
The commencement date for switching off insurance inside super for low balance accounts should be deferred to 1 October, this year, according to a leading superannuation ...
Group insurers are pricing in the likelihood that those inactive members most likely to opt-in to insurance inside superannuation are those most likely to claim....
A decision by the Reserve Bank of New Zealand has left the sale of AMP Life in disarray....
Industry superannuation funds body, the Australian Institute of Superannuation Trustees has described the Government’s reintroduced legislation impacting insurance inside...
Tasplan has gone live with its group insurance cover from MetLife, following the insurer winning the super fund’s mandate last October....
Only three of the five major group life insurers have increased their levels of in-force premiums, with MetLife showing the greatest increase....
As 1 July quickly approaches, consumer interest groups are campaigning hard to remind super fund members with inactive accounts that this is their last week to preserve t...
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 ...