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| | | ... over market outages. According to the concise statement filed in the Federal Court, seen and reported by the Australian Financial Review, Halstead is accusing Lofthouse of being "frequently passive-aggressive and belittling in her demeanour". Financial ... |
| | | | ... days. About 3600 death claims were impacted, 1946 of which took more than 12 months to be processed. Cbus estimated the financial loss impacting members came to about $20 million. As part of the overhaul, the $101 billion super fund will change its trust ... |
| | | | ... and wellness solutions over traditional life insurance," said Kartik Ramakrishnan, chief executive of Capgemini's financial services strategic business unit. Experts believe the solution is to evolve life insurance from something consumers buy and ... |
| | | | The Financial Services Council (FSC) has welcomed two new directors; Scott Hartley and Daniel Shrimski, to its board. Hartley has been a leader of the Australian superannuation industry for more than two decades. He currently serves as chief executive ... |
| | | | ... of directors. Asher brings 51 years of experience in the global life insurance industry. His career spans across the financial services sector, academia and industry bodies. Asher has had senior roles with Prudential in South Africa, APRA, and Deloitte's ... |
| | | | ... how heightened geopolitical tensions and policy uncertainty in major economies have the potential to create risks to financial stability. "In this environment, the importance of a robust prudential framework takes on greater significance. A stable and ... |
| | | | ... November 2025, members may be able to have their insurance premium waived due to employer-approved parental leave or severe financial hardship. The changes mean eligible members can have premium-free insurance cover for 12 continuous months. The fund ... |
| | | | ... April 2023, ANZ was mandated to help the government's sovereign debt management agency, the Australian Office of Financial Management (AOFM), deliver a $14 billion bond issuance. Proceeds raised were to fund services such as health, social welfare ... |
| | | | ... of class actions Rebecca Gilsenan said. "The class action alleged that AMP's superannuation trustees prioritised the financial interests of the AMP Group over those of its members. Transparency and fairness are fundamental to the integrity of the superannuation ... |
| | | | Responding to the Australian Financial Complaints Authority (AFCA) consultation on Approaches to Family Violence and Financial Abuse of Older People, Super Members Council (SMC) is calling for greater safeguards for Australia's vulnerable, ageing population. ... |
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