Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 101 - 110 of 3279 results for "Recover"

TAL partners to expand access to affordable insurance

MATTHEW WAI  |  MONDAY, 16 JUN 2025
The life insurer has today launched backd by TAL in partnership with Cover Genius, targeting those with limited access to affordable cover options. backd offers tailored, affordable options for workers not currently eligible for other types of cover ...

Private credit market has lenders sweating

ANDREW MCKEAN  |  THURSDAY, 5 JUN 2025
... financial difficulty, managers may restructure loans, take equity positions in a business, and implement turnarounds to recover capital." It also said that transparency remains a key concern in the private credit market with many private credit funds ...

COVID 'masked' issues at core of productivity problem: PC

ELIZA BAVIN  |  THURSDAY, 29 MAY 2025
The COVID-19 pandemic led to a "productivity bubble", in which measured labour productivity rose to a record high between January 2020 and March 2022 before returning to pre-pandemic levels in June 2023, the Productivity Commission (PC) has revealed. ...

Zurich fined over false and misleading statements

MATTHEW WAI  |  MONDAY, 19 MAY 2025
... Insurance at the beginning of the month - finding the insurer misled the public over a pre-existing condition term under its Recover products. HCF Life Insurance was subsequently fined $750,000 for the incident.

FTX creditors await US$5bn distribution

KARREN VERGARA  |  FRIDAY, 16 MAY 2025
... bankruptcy in 2022. Ray, a lawyer and insolvency specialist, was shortly named FTX's chief executive and mandated to recover the funds. In 2023, Ray released a report detailing FTX's control failures under Bankman-Fried's leadership in the ...

HCF Life fined $750k for misleading contract term

KARREN VERGARA  |  FRIDAY, 9 MAY 2025
... Insurance has been fined $750,000 by the Federal Court for misleading the public about a pre-existing condition term under its Recover products. Last October, the court ruled the term would deny coverage if a customer did not disclose a pre-existing ...

ASX outlines opportunities in listed markets amid IPO slump

MATTHEW WAI  |  FRIDAY, 9 MAY 2025
... investors," Posnett said. "Global competition for new listings has accelerated and while we believe ASX listings will recover from the recent slowdown in the global IPO market, it is an appropriate time to publicly debate how to improve the attractiveness ...

The top-performing (and worst) asset classes of the past year

ANDREW MCKEAN  |  THURSDAY, 8 MAY 2025
Mercer's annual periodic table, which charts 17 major asset classes investment returns on an annual basis over the last decade, reveals that there's few reliable themes, except that greater risk tends to be rewarded by greater return. Equity ...

Channel Capital launches Apollo asset-backed credit trust in Australia

MATTHEW WAI  |  WEDNESDAY, 7 MAY 2025
Channel Capital has launched an open-ended, semi-liquid investment solution providing Australian wholesale investors access to Apollo's asset-backed finance strategies. The strategy benefits from a "flexible" investment mandate and multiple origination ...

Wealth managers' recovery looks promising: Research

KARREN VERGARA  |  FRIDAY, 2 MAY 2025
AMP, Insignia Financial and Challenger are poised to benefit from improved flows, lighter regulation and emerging longevity solutions despite the market volatility, analysis from Morgan Stanley shows. AMP's flow momentum is set to continue, combined ...