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Insurance
Insurance
There is “still a lot work to do” for life insurers regarding step premiums as the Australian Financial Complaints Authority reveals it is the most-frequent insurance iss...
Insurance
The Institute of Public Accountants, The Tax Institute and Chartered Accountants Australia and New Zealand have cautioned the ruling will have far-reaching consequences f...
Insurance
The two entities have decided not to combine after reaching an impasse with the US Department of Justice. ...
Insurance
Life insurance and group insurance inside superannuation will be exempt from the Government’s deferred sales model....
Insurance
The Association of Superannuation Funds of Australia, Australian Institute of Superannuation Trustees and the Financial Services Council have updated the code, but it has...
Insurance
The life insurer will consider repaying the $2.4 million it received in JobKeeper payments to keep staff members as its profits did not fall last calendar year after bein...
Insurance
Total in-force group risk premiums increased by 2.9% to $6.6 billion over the 12 months to March 2021, according to data. ...
Insurance
A Treasury review into exclusions in superannuation insurance could leave new workers in hazardous industry at risk if they are stapled to their previous insurance, accor...
Insurance
Premium increases for individual disability income insurance have been needed to improve the sustainability of that type of insurance, according to the prudential regulat...
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
From 1 July, a non-arm’s length capital gain made by a segregated current pension asset will be treated as non-arm’s length income and will be taxed at the highest margin...
Insurance
There is a risk of an increase of fees and comprising the independence of proxy advisers if reforms go ahead, according to Dimensional Fund Advisers. ...
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 ...