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Insurance
Insurance
The vulnerable members provisions of the Insurance in Superannuation Voluntary Code of Practice have been amended and opened to industry consultation. ...
Insurance
Insurer satisfaction by risk advisers dropped to 25% from 57% in the last year with NEOS taking the top spot. ...
Insurance
In the latest step of the acquisition, AIA Australia will notify CommInsure policyholders of their transfer to the life insurer which is subject to the Federal Court of A...
Insurance
New data released by specialist research house Dexx&r has confirmed that the premium repricing strategies of the major group insurers have helped them cope with the Gover...
Insurance
The corporate regulator’s report on life insurance in superannuation found there was value for money in the products but it also highlighted areas that needed addressing,...
Insurance
Younger superannuation members and those in insurance policies with more restrictive terms and conditions may be receiving relatively low value for money, according to th...
Insurance
Superannuation trustees might fail legal obligations if they do not ensure premiums charged to members are based on appropriate statistical assumptions, according to the ...
Insurance
The COVID-19 pandemic has presented challenges for Australia’s group insurers but also opportunities, according to Metlife Australia’s head of group product, Dean Mulhero...
Insurance
In yet another sign of the challenging times confronting the life insurance industry in Australia, Hannover Life Re has announced it is exiting the direct group market to...
Insurance
Employers are uniquely positioned to help their employees find financial wellness through clearly defined benefits, according to MetLife....
Insurance
The life insurance industry has reported a net loss after tax of $1.6 billion over the year to September, 2020, with individual disability income insurance experiencing a...
Insurance
The Protecting your Super and Putting Members’ Interest First legislation has increased the underinsurance gap in Australia as group insurance inside super has dropped 27...
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 ...