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Showing 111 - 120 of 2121 results for insurance australia group

ART appoints insurance chief

ELIZABETH FRY  |  THURSDAY, 13 MAR 2025
Australian Retirement Trust has appointed the interim head of insurance to the job permanently. Matthew Finney is now chief executive of ART Life, an APRA-regulated insurance entity and a wholly owned subsidiary of the superannuation giant. Finney was ...

AustralianSuper sued over death benefit delays

JAMIE WILLIAMSON  |  WEDNESDAY, 12 MAR 2025
... APRA-regulated funds. These include the timely and compassionate handling of death benefits, fair and efficient processing of insurance claims, and clear, respectful and accessible communications with members.

Westpac's Yetton chooses to move on

ANDREW MCKEAN  |  FRIDAY, 7 MAR 2025
... Mercer. However, Westpac retained its platform businesses, BT Panorama and Asgard. Westpac also walked away from life insurance, offloading its Australian business to Japan's TAL Dai-ichi Life in 2021 for $900 million. He previously undertook a similar ...

Super, insurance, and bank boards' 'poor practices' targeted by APRA

ANDREW MCKEAN  |  THURSDAY, 6 MAR 2025
The boards of superannuation trustees, insurers, and banks are on notice, with APRA proposing changes to "strengthen and streamline" governance requirements. The regulator has released eight proposals in what marks the first "significant update" of ...

Insurance through superannuation stages a comeback

ANDREW MCKEAN  |  TUESDAY, 4 MAR 2025
After years of decline, the number of superannuation fund members with insurance is on the rise. Legislative changes in 2019 made insurance opt-in for those with low balances, inactive accounts, or those aged under 25 - taking a sledgehammer to the ...

Financial services chips away at gender pay gap: WGEA

KARREN VERGARA  |  TUESDAY, 4 MAR 2025
... gap, although the WGEA says that they are making an effort. Financial services - which the WGEA classifies as finance, insurance, and superannuation organisations - slightly narrowed the gap from 23.6% in the prior corresponding period. The industries ...

Family office CIO joins Heritvest

ELIZABETH FRY  |  THURSDAY, 27 FEB 2025
... senior roles at National Australia Bank and BNP Paribas. Nassios started his career as an actuarial analyst in life insurance and annuities and later moved to superannuation and investments. A career shift in 2006 resulted in working for the Myer family ...

TAL taps ex-CBA deputy as chair

ANDREW MCKEAN  |  WEDNESDAY, 26 FEB 2025
... non-executive director of MLC Super, president and chair of the Actuaries Institute, and president and chair of the Life Insurance Association of Singapore. King has experience in insurance, wealth management, superannuation, investments, and broader ...

Acenda names inaugural chair

MATTHEW WAI  |  WEDNESDAY, 26 FEB 2025
MLC Life Insurance has announced who will chair the insurer when it becomes Acenda. MLC Life Insurance, soon becoming Acenda through the merger with Resolution Life Australia, has appointed Craig Dunn to the position and will take effect upon the completion ...

Cbus faces fresh investigation over fund expenditure practices

ANDREW MCKEAN  |  TUESDAY, 11 FEB 2025
... "significant and persistent weaknesses" in its operational risk management framework, as well as concerns related to insurance administration and outsourcing. Cbus will engage independent experts to review the root causes of APRA's concerns and prepare ...