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Life insurers prepare for grillingBY HARRISON WORLEY | FRIDAY, 24 APR 2020 12:30PM
Key players in Australia's life insurance sector are preparing to face a grilling by parliamentarians via videoconference next week.Read more: Life insurance, Royal Commission, Tim Wilson, Hayne Royal Commission, AIA, Allianz, ClearView, House of Representatives, Kenneth Hayne, TAL Life
The industry fund will close its basic cash option on August 13, as it sees returns dry up.
The head of Asia Pacific for the Canada Pension Plan Investment Board has been promoted, with a replacement yet to be confirmed.
A former BT Financial Group executive will take the reins of Centrepoint Alliance from today.
Robo adviser Six Park has lowered its minimum investment to just $2000, down from the $10,000 minimum it had at the start of 2020.
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