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Showing 121 - 130 of 15793 results for "REV"

Insurer sanctioned for over 10k breaches

MATTHEW WAI  |  WEDNESDAY, 2 SEP 2026
The Life Insurance Code Compliance Committee (Life CCC) has sanctioned a life insurer after it reported more than 10,000 breaches of the Life Insurance Code of Practice (Life Code) in relation to failure to provide timely, completed annual notices. ...

KKR to pocket $24bn from USI sale

MATTHEW WAI  |  TUESDAY, 1 SEP 2026
KKR, alongside other co-investors, have agreed to sell USI Insurance Services to Aon for $24 billion (US$17bn). USI is an insurance brokerage and consulting business across risk, employee benefits and retirement solutions, and boast more than 10,500 ...

Australian Unity to wind down Platypus AM

ELIZA BAVIN  |  TUESDAY, 1 SEP 2026
Australian Unity will wind down Platypus Asset Management, its wholly owned Australian equities fund manager, following a strategic review of the business. Australian Unity chief executive, wealth and capital markets, Balaji Gopal said the business ...

Equity Trustees super exit sparks Hejaz Islamic Super and Pension closure

KARREN VERGARA  |  MONDAY, 31 AUG 2026
Hejaz's Islamic Super and Pension products will be terminated as a fallout from Equity Trustees ditching the superannuation trustee business. The latter, however, says otherwise. Hejaz Islamic Super had 2600 members and more than $98 million in ...

Sequoia revokes dividends, chief financial officer exits

RIDDHIMA TALWANI  |  MONDAY, 31 AUG 2026
Sequoia will not pay any dividends in the financial year, revoking interim dividend it had announced earlier in the year of one cent per share, as an adviser exodus puts pressure on its revenue. In addition, the group announced its chief financial officer ...

FEATURE | Managed accounts | Industrialising advice

RIDDHIMA TALWANI  |  MONDAY, 31 AUG 2026
Consider a situation where a financial adviser believes an investment is no longer suitable for their clients. Perhaps a fund manager is underperforming or a stock held directly by clients needs to be sold. In the past, advisers would often have to ...

I Squared Capital forays into Aussie private wealth space

RIDDHIMA TALWANI  |  MONDAY, 31 AUG 2026
I Squared Capital is expanding its global private wealth business into Australia with the launch of the evergreen ISQ OpenInfra AUT Fund. The global infrastructure investment manager with $85 billion in assets under management has also appointed Linda ...

FAAA pushes to expand NCA to financial advisers

RIDDHIMA TALWANI  |  FRIDAY, 28 AUG 2026
Financial Advice Association Australia (FAAA) said it will advocate strongly to expand the scope of the New Class of Advisers' to all financial advisers, which will currently be limited to only superannuation funds and life insurers. The reforms will ...

ASIC, APRA urge finance sector to demonstrate AI threat response

VINNY VUCAGO  |  FRIDAY, 28 AUG 2026
ASIC and APRA have called on financial services firms to move beyond awareness of frontier artificial intelligence (AI) risks and demonstrate they can respond to threats unfolding at unprecedented speed. The regulators' warning follows nine industry ...

FEATURE | Group insurance | Dusk to dawn

KARREN VERGARA  |  FRIDAY, 28 AUG 2026
Australia is in the grips of an unprecedented mental health crisis. It joins a league of other, what anthropologist Joseph Henrich coins as "Western, Educated, Industrialised, Rich and Democratic" or "WEIRD" countries, grappling with the perfect storm ...