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Showing 1301 - 1310 of 7330 results for "Life"

AMP completes Resolution Life divestment

ANDREW MCKEAN  |  WEDNESDAY, 29 JUN 2022
AMP has completed the divestment of its remaining equity interest (19.3%) in Resolution Life Australasia to Resolution Life Group. The initial sale agreement, announced on 3 November 2021, was subject to regulatory approvals and other conditions precedent ...

AMP wants life insurance caps raised, fees lowered

CASSANDRA BALDINI  |  MONDAY, 27 JUN 2022
AMP has called for the federal government to review life insurance model fees and caps placed on financial advisers, warning the current climate will lead to an underinsured population. The wealth manager picked at old wounds in its submission to the ...

Government commits to Quality of Advice Review in current form

JAMIE WILLIAMSON  |  FRIDAY, 24 JUN 2022
... received 130 submissions from industry stakeholders including associations, super funds, licensees, technology providers, life insurers and consumer groups. Of the submissions, 18 are confidential. The final report from the review is expected to be handed ...

Apex Group wins fund admin mandate

CASSANDRA BALDINI  |  FRIDAY, 24 JUN 2022
Apex Group has announced its appointment by Octopus Investments Australia to service its funds structured around renewables investments. The global financial services provider will deliver Octopus Australia with fund administration, investor onboarding ...

Super trustees face rough seas ahead: Byres

ANDREW MCKEAN  |  FRIDAY, 24 JUN 2022
... He said that there is no longer anywhere for poorly performing funds to hide and not to expect APRA to throw strugglers a life buoy. Also speaking at the event, APRA executive director of superannuation Suzanne Smith said another key area for APRA concerns ...

Life Code update expands consumer protections

JAMIE WILLIAMSON  |  WEDNESDAY, 22 JUN 2022
The latest iteration of the Life Insurance Code of Practice features more than 50 new consumer protections, including a ban on blanket mental health exclusions and greater limits on surveillance. The updated Code follows consultation with industry ...

Insurers to get new advocacy body

JAMIE WILLIAMSON  |  WEDNESDAY, 22 JUN 2022
Australia's life insurance industry will soon have a new peak body, the Council of Australian Life Insurers (CALI). Expected to launch later this year, CALI is the brainchild of a collective of life insurers who believe it is now time for the sector ...

Resolution Life builds out Australasian leadership

JAMIE WILLIAMSON  |  TUESDAY, 21 JUN 2022
Resolution Life has welcomed a chief customer and operating officer and a customer experience lead to its executive team. Paul Tarlinton is taking on the chief customer and operating officer role within the Australasian business on a permanent basis. ...

Active Super kickstarts reward program

ANDREW MCKEAN  |  TUESDAY, 21 JUN 2022
Active Super has launched a Super Booster reward program to accelerate the growth of members' super balances. The Super Booster reward program is a 'set and forget' tool for members to top-up their super balances with eligible retail purchases. ...

NSW to introduce options for first home buyers

CASSANDRA BALDINI  |  TUESDAY, 21 JUN 2022
... get a foot on the property ladder. "We know that first home buyers are being forced to enter the property market later in life and this reform will make the property market more accessible for them," he said. "It will mean more NSW residents will get ...