POWERED BY MOMENTUM MEDIA
Insurance
Insurance
The prudential regulator has removed the requirement for registrable superannuation entity licensees to acquire an independent certification for insurance arrangements th...
Insurance
Stakeholders are invited to make submissions to a consultation into occupational exclusions in default insurance offered through MySuper products....
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
New business premiums for individual disability income insurance will drop 15% due to the prudential regulator’s product intervention measures, according to DEXX&R projec...
Insurance
The prudential regulator is collecting more granular data on insurance premiums given the deteriorating experience in individual disability income insurance....
Insurance
The Financial Services Council has released the second draft of the life insurance code of practice for public consultation. ...
Insurance
The council has proposed to prohibit terms in MySuper group life policies that could cause a claim to be declined in default group life insurance in superannuation on the...
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
The life insurer’s board has assessed that it will “not be appropriate” to repay JobKeeper funds after its 2020 calendar year net profit declined $4.6 million from the pr...
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 ...
Insurance
Superannuation trustees have more work to do with their insurer to improve restrictive definitions, claims handling, and insurance data, according to the corporate regula...
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 ...