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Showing 1131 - 1140 of 7330 results for "Life"

Industry fund tops personal super tables

ANDREW MCKEAN  |  MONDAY, 16 JAN 2023
Research by Rainmaker Information shows that an industry fund has the best performing personal super investment option, as at 30 November 2022. Hostplus Personal - Balanced option ranked first in Rainmaker's last superannuation performance tables ...

Strengths and weaknesses in DC systems: Comparison

ANDREW MCKEAN  |  FRIDAY, 13 JAN 2023
The differences between the US and Australian defined contribution workplace superannuation system has been explored at an academic forum in New York. At the Global Committee of the Defined Contribution Institutional Investment Association (DCIIA) forum ...

Best performing MySuper investment option named

ANDREW MCKEAN  |  THURSDAY, 12 JAN 2023
Rainmaker Information has released a list of the best MySuper investment options as at 30 November 2022. Hostplus' Balanced option ranked first in Rainmaker's latest superannuation performance tables with a 6.3% annualised return over a three-year ...

FSC releases claims handling standard for super funds

ANDREW MCKEAN  |  TUESDAY, 10 JAN 2023
The Financial Services Council (FSC) has released an enforceable standard for handling group life insurance claims in superannuation. The FSC's new standard replaces existing voluntary guidance and sets a minimum level of service that consumers can ...

Don't call it a comeback: APRA on IDII

CHLOE WALKER  |  TUESDAY, 10 JAN 2023
... insurers will also be impacted as they are also discounted at a higher rate, leading to a reduction in their value. As a result, life insurers experience unrealised losses on the bonds that they hold, which negatively impacts profitability, the regulator ...

AMP, Dexus deal delayed

CASSANDRA BALDINI  |  MONDAY, 9 JAN 2023
... condition precedent for the transaction's completion relates to the transfer of AMP's ownership interest in China Life AMP Asset Management (CLAMP) from entities being acquired by Dexus. Dexus explained the parties agreed to extend the date for ...

Federal Court finds against finfluencer

JAMIE WILLIAMSON  |  MONDAY, 9 JAN 2023
... to a private chat group through the Discord platform as part of a $1000 package. "...through his lifestyle posts and 'life story' posts on the Instagram account, Mr Scholz had established a reputation as a successful share trader who had the ...

BGL names new chief executive

CASSANDRA BALDINI  |  WEDNESDAY, 21 DEC 2022
... doubt Daniel is the person to lead BGL into the future." Tramontana added: "This is truly an honour and a highlight of my life." "Software is at the core of what we do, it's the reason thousands of firms choose to transact with us. Our market-leading ...

Westpac settles BT Super class action

CASSANDRA BALDINI  |  MONDAY, 19 DEC 2022
... $29.95 million settlement in a class action relating to the bank's subsidiaries, BT Funds Management Limited and Westpac Life Insurance Services Limited. Tens of thousands of Australians may receive compensation following the settlement, which is ...

Super heatmap findings garner mixed responses

ANDREW MCKEAN  |  FRIDAY, 16 DEC 2022
Industry groups, consultants and research houses have reacted to findings about Australia's best and worst performing super funds. APRA heatmaps for MySuper products were released yesterday, exposing many sub-par products, but some in the industry ...