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PMIF sees premiums rise for first time in 12 yearsBY ELIZABETH MCARTHUR | WEDNESDAY, 1 APR 2020 11:54AM
The $30 billion industry fund for emergency services workers has had to increase its insurance premiums for the first time in 12 years as a result of the Putting Members Interests First legislation.
Read more: Members Interests First, AIA, CommInsure
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The $20 billion industry fund has welcomed former TelstraSuper executive Jean-Luc Ambrosi to the newly created role of chief experience officer and appointed Christine Nguyen as chief risk officer.
AMP has completed the divestment of its remaining equity interest (19.3%) in Resolution Life Australasia to Resolution Life Group.
Australian financial advisers believe they will grow their business by 5% this year and 11% over the next three years, according to the 2022 Global Survey of Financial Professionals by Natixis Investment Managers.
Australian neobank Volt, the first of its kind to receive a full banking licence from APRA, is closing its doors and urging customers to withdraw all funds from accounts before July 5.
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An open letter to the newly appointed minister for financial services, sharing a possible approach to revitalising and advancing the advice industry.
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Infographic: FROM AUSTRALIA'S LEADING GOLD ETF ISSUER.
GENERAL MANAGER, INVESTMENTS
A determined spirit has underscored all that Jane Kang has achieved so far, and that spirit is lending itself well to Prime Super, its members and its investments. Andrew McKean writes.