GROUP INSURANCE

Financial planning

Risk advisers need to explain why consumers can be worse off taking advised insurance when compared to those taking group insurance within superannuation, according to pl...

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Superannuation

Superannuation funds operating within vertically-integrated structures will have to more definitely prove the value of the insurance cover they are offering to members....

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People & Products

The product, Five plus, would allow employers to manage their financial risk without the traditional high cost structures of insurers....

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Superannuation

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 ...

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Life/Risk

Super funds could face legal problems once group insurance for inactive accounts is switched off on 1 July, as members who were unaware they were losing their cover may s...

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Life/Risk

Australians are at risk of losing their life insurance cover when superannuation changes come into effect in July, as AIA Australia, Commonwealth Superannuation Corporati...

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Superannuation

TAL has reasserted its market dominance within the group insurance sector, with LGIAsuper announcing the company would take over its insurance mandate just weeks after Re...

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Superannuation

The standardisation of group insurance terms and conditions could help achieve some of the Banking Royal Commission’s recommendations, a leading insurance law firm has sa...

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Features

Major banks and AMP Limited have exited life insurance, significant consolidation has occurred and the Royal Commission has delivered a verdict but, as Mike Taylor writes...

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Tools & guides

Suzie Brown outlines some of the key considerations for financial advisers when making life insurance recommendations and provides an overview of the upcoming legislative...

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Awards

In the fifteenth year of the Money Management/DEXX&R Adviser Choice Risk Awards, MLC Life has maintained its top place on the podium as the Risk Company of the Year for 2...

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Life/Risk

Shifting community standards and expectations are driving eight new trends in life insurance which may cost policyholders over $1 billion, according to a new report....

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Life/Risk

The Federal Government has been urged to drop the minimum age for automatic insurance cover inside superannuation to 21, rather than age 25....

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Policy & Regulation

Life insurance companies are now under a legal obligation to provide consistent data on claims and disputes to the Australian Prudential Regulation Authority and the Aust...

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Superannuation

The SMSF Association has confirmed just how common it is for self-managed superannuation fund trustees to maintain low balances in Australian Prudential Regulation Author...

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