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MLC Life Insurance raises $650 millionBY KANIKA SOOD | WEDNESDAY, 6 JAN 2021 3:59PM
The insurer received a $650 million capital injection just before Christmas, as its majority owner Nippon Life sees the risk of MLC Life's "stagnant" business performance continuing beyond 2021.Read more: MLC Life, Nippon Life, NAB, MLC Life Insurance, Rodney Cook
Rest has appointed a new general manager of superannuation and retirement solutions, hiring from NGS Super.
The US is betting that a combination of the stimulus package and COVID-19 vaccinations will lead to full economic recovery by the end of the year, according to a leading economist.
Challenger's multi-boutique business has partnered with a Japanese asset management giant in a two-way relationship.
ASIC has hit financial advisers with the news that levies will increase by the equivalent of 160% over two years, with industry bodies outraged.
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