The importance of maintaining default insurance was even more important given the Government’s proposed “stapling” superannuation measure, according to Cbus. ...
The latest Australian Prudential Regulation Authority has confirmed the value of group insurance within superannuation. ...
The Government’s policy changes around insurance inside superannuation has combined with the impact of COVID-19 to undercut the profitability of group insurance....
As people seek mental health support during the pandemic, usage of MLC Life Insurance’s Best Doctors’ Mental Health Navigator has risen to 21%. ...
A new Actuaries Institute Taskforce report has laid bare the fragility of the disability insurance market and has recommended changes to product ratings, a best interests...
The latest data from Dexx&r has confirmed the degree to which the Government’s Protecting Your Super measures have adversely impacted group insurance premium flows. ...
Some members would see an increase in premiums with an average increase of 30% while others would have significant reductions....
Fewer claims would need to be paid if insurers were to only pay medical bills of sick workers, according to Maurice Blackburn Lawyers. ...
Data from the Financial Services Council has shown the mental health burden shared in Australia, as almost half of claims for mental health were from just five types of c...
While consumers have had it good for the last few years with life insurance, the loss ratio to the industry is unsustainable but the industry needs to make sure it doesn’...
Men are significantly claiming more accidents than women, and women have more mental health claims, according to data. ...
The latest Australian Prudential Regulation Authority data has confirmed the level of ongoing market concentration....
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 ...