Disability Income Sales continue to grow from record lows in 12 months to December 2023
15 May 2024
Total Individual Risk new premiums decreased by 1.6 per cent in the year to December 2023 to $1.4 billion
Total Retail and Wholesale FUM/A increased by 8.1% for year to December 2023
15 Apr 2024
Funds under management and advice (FUM/A) held in retail and wholesale for profit managed funds increased by 8.1 per cent to $1.60 trillion over the 12 months to December 2023
Disability Income Product Changes will have negative impact on new business
21 Feb 2022
Effective from the 1st of October 2021 life insurers closed their existing range of Disability Income products to new business and released revised products that are broadly consistent with the Institute of Actuaries of Australia "Reference Product".
Disability Income Sales rebound, up 14.7 per cent in 12 months to September 2023
08 January 2024
Total risk in-force premium increased by 1.5 per cent during the year ending September 2023, up from the $16.3 billion recorded at September 2022 to $16.5 billion at September 2023.
Total Retail and Wholesale FUM/A up by 8.2% for year to June 2023
9 Oct 2023
Funds under management and advice (FUM/A) held in retail and wholesale for profit managed funds increased by 8.2 per cent to $1.54 trillion over the 12 months to June 2023.
An era of 25 years of sustained growth in the Employer Super segment is coming to an end
07 Mar 2022
Recent legislative reforms will be a major force in convincing employers that the few remaining benefits of offering staff their own super fund no longer outweigh the increased trustee obligations and risk of fund closure to new members.
DEXX&R
DEXX&R is a leading Australian Research Company operating in Superannuation, Funds Management and Life Insurance Industries since 1989. DEXX&R provides innovative research services for the Australian Financial Services Industry. Our objective is to provide detailed and accurate research covering all available products in each market segment. We provide comprehensive data and research to better help individuals and organisations make sound decisions.
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