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| | | 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 ... |
| | | | ... 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. |
| | | | ... 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 ... |
| | | | 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 ... |
| | | | 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | 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 ... |
| | | | ... "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 ... |
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