The Council of Australian Life Insurers (CALI) has expressed support for APRA’s consultation on annuity products, which aims to improve capital settings and encourage wider adoption.
Two significant legislative proposals championed by Mass Retirees have cleared the House of Representatives, paving the way for potential improvements to cost-of-living adjustments (COLA) and life insurance benefits for state retirees.
The Massachusetts House of Representatives has approved key legislative proposals, including a COLA Commission and an increase in basic life insurance benefits for state retirees.
