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Showing 1001 - 1010 of 6957 results for "Insurance"

AMP wants life insurance caps raised, fees lowered

CASSANDRA BALDINI  |  MONDAY, 27 JUN 2022
AMP has called for the federal government to review life insurance model fees and caps placed on financial advisers, warning the current climate will lead to an underinsured population. The wealth manager picked at old wounds in its submission to the ...

ASIC releases CCIV guidelines

CASSANDRA BALDINI  |  FRIDAY, 24 JUN 2022
... issues raised related to "Australian financial services (AFS) licence or variation applications for corporate directors, insurance arrangements for corporate directors, and financial resource requirements for licensees that are corporate directors and ...

Apollo secures Hostplus mandate

ANDREW MCKEAN  |  FRIDAY, 24 JUN 2022
... US$1.25 billion in assets, following an inaugural raise that included a $500 million anchor commitment from Apollo's insurance balance sheets and Hostplus. The strategy is designed to leverage Apollo's credit expertise and differentiated asset ...

Brookfield raises record amount for ESG fund

JAMIE WILLIAMSON  |  THURSDAY, 23 JUN 2022
... close for the fund, amassing US$15 billion from more than 100 public and private pension funds, sovereign wealth funds, insurance companies, endowments and foundations, financial institutions, and family offices. Brookfield itself is the largest investor ...

Life Code update expands consumer protections

JAMIE WILLIAMSON  |  WEDNESDAY, 22 JUN 2022
The latest iteration of the Life Insurance Code of Practice features more than 50 new consumer protections, including a ban on blanket mental health exclusions and greater limits on surveillance. The updated Code follows consultation with industry ...

Insurers to get new advocacy body

JAMIE WILLIAMSON  |  WEDNESDAY, 22 JUN 2022
Australia's life insurance industry will soon have a new peak body, the Council of Australian Life Insurers (CALI). Expected to launch later this year, CALI is the brainchild of a collective of life insurers who believe it is now time for the sector ...

NSW to introduce options for first home buyers

CASSANDRA BALDINI  |  TUESDAY, 21 JUN 2022
... for existing dwellings. Participants must have a minimum 2% deposit of the purchase price, with no lenders mortgage insurance required and earn a maximum gross income of $90,000 for singles and $120,000 for couples. The property purchase price must be ...

BTC Markets gains ASFL

CHLOE WALKER  |  TUESDAY, 21 JUN 2022
... most recently signed a deal with Mastercard. The crypto exchange has also successfully obtained professional indemnity insurance. "We have really seen over the past 12 months the cryptocurrency landscape in Australia grow and evolve and we are now, more ...

Westpac outlines new social initiatives

CHLOE WALKER  |  MONDAY, 20 JUN 2022
... including increasing home ownership rates among females. Westpac has expanded eligibility for its existing Lender's Mortgage Insurance (LMI) Waiver to include more health professions. The LMI Waiver now includes eight further allied health professions ...

MLC Life chief executive to depart

JAMIE WILLIAMSON  |  FRIDAY, 17 JUN 2022
... business and has overseen our return to profitability. He is a strong leader with a clear vision for the future of MLC Life Insurance as we face the challenges of a fast-changing life insurance sector and ever evolving customer needs." He also thanked ...