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Showing 1181 - 1190 of 7330 results for "Life"

MySuper index records worst rolling return since 2009

JAMIE WILLIAMSON  |  THURSDAY, 3 NOV 2022
The median return for MySuper products in September was -3.3%, causing the Rainmaker MySuper Index to see its worst annual rolling return since August 2009. For the 12 months to September end, the MySuper index returned -6.4%. It was dragged by the ...

Super funds, sovereign investors back $1bn VC fund

CHLOE WALKER  |  WEDNESDAY, 2 NOV 2022
... Elevate fund and ACC. The fund is also supported by over 270 individual investors, Blackbird said. "In a great circle of life moment, we're proud to welcome some of the founders we backed in earlier funds as investors in this new fund," Blackbird partner ...

Super education is professional development: ART

STAFF WRITER  |  WEDNESDAY, 2 NOV 2022
... education should be rebranded to professional development, saying many employees don't realise what they're entitled to in later life. "For example, the pension part [of retirement] is like a dark art. When we talk to some of our employees, they're surprised ...

ClearView abandons potential takeover transactions

ANDREW MCKEAN  |  WEDNESDAY, 2 NOV 2022
... track to grow underlying NPAT in FY23 in the range of $28.5 million to $30 million. "The business environment of the overall life insurance industry continues to show signs of improvement and ClearView remains well placed to benefit from this improvement ...

APRA reinforces capital call expectations

JAMIE WILLIAMSON  |  TUESDAY, 1 NOV 2022
New APRA chair John Lonsdale wrote to banks and general and life insurers to remind them of the prudential requirements for additional Tier 1 and Tier 2 capital instruments. "With global credit spreads widening significantly over the past 12 months ...

MLC Life updates retail insurance product range

CASSANDRA BALDINI  |  MONDAY, 31 OCT 2022
MLC Life Insurance has upgraded its insurance product range to strengthen customer protections. Effective today, the Income Replacement Ratios (IRRs) for both Income Assure and Income Assure+ will be raised for customers with higher incomes so they ...

Challenger appoints chief financial officer

CASSANDRA BALDINI  |  MONDAY, 31 OCT 2022
... financial officer of the funds' management business. She has also held senior roles at BT Financial Group and AXA Sun Life Insurance. Challenger managing director and chief executive Nick Hamilton welcomed Bell back. "Her deep knowledge of our business ...

Insurance, retirement product excellence recognised

CHLOE WALKER  |  FRIDAY, 28 OCT 2022
TAL, Generation Life, MLC Life and Challenger were among the winners at last night's annual Plan For Life Excellence Awards in Sydney. Now in their ninth year, the awards aim to celebrate achievements in product design and innovation across life ...

New APRA chair named

JAMIE WILLIAMSON  |  FRIDAY, 28 OCT 2022
... APRA's superannuation activities. Deputy chair Helen Rowell will be responsible for general insurance, Smith will look after life and private health insurance, and McCarthy Hockey will oversee banking. Four of the five members of APRA's board ...

FSC adds to Life Insurance Code of Practice

CHLOE WALKER  |  TUESDAY, 25 OCT 2022
Several new consumer protections will be added to the Financial Services Council (FSC)'s Life Insurance Code of Practice, including the industry's first guidelines on family and domestic violence, as well as new protections in the genetics moratorium. ...