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Showing 1471 - 1480 of 7331 results for "Life"

ClearView recruits chief claims officer

KARREN VERGARA  |  WEDNESDAY, 1 DEC 2021
... spent over 10 years at ANZ in senior claims roles prior to the merger. At ClearView, she reports to the general manager of life insurance Gerard Kerr. "With over 25 years of financial services experience, including the past 12 years in senior claims ...

UniSuper, Australian Catholic Super exploring merger

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 DEC 2021
The $11 billion Australian Catholic Superannuation has committed to explore a merger with $105 billion industry fund UniSuper. The two funds signed a Memorandum of Understanding to explore a potential merger, which would see Australian Catholic Super ...

Retirees require 3.3% drawdown: Research

KARREN VERGARA  |  WEDNESDAY, 1 DEC 2021
New Morningstar research recommends retirees should drop the 4% withdrawal rate to 3.3% for a balanced portfolio. Using the 3.3% rate over a 30-year time horizon, Morningstar found that newly minted retirees cannot safely withdraw 4% of their initial ...

AMP advances demerger

KARREN VERGARA  |  TUESDAY, 30 NOV 2021
... infrastructure and real estate investment strategies. "AMP has been rapidly transformed over the past three years. We are no longer a life insurer. In wealth management we have shifted from a vertically integrated proposition to a contemporary, customer-led ...

Tribeca Financial acquires advice practice

KARREN VERGARA  |  TUESDAY, 30 NOV 2021
... keep up with legislation, systems, technology, markets, marketing, admin - all in what would be considered a healthy work-life balance I feel is not possible, or at least not sustainable over the long term," he said. Following several discussions with ...

Default super delivers best performance in 34 years

KARREN VERGARA  |  MONDAY, 29 NOV 2021
New research reveals that default workplace superannuation funds achieved the best average returns of 18.8% in the last 34 years. Rainmaker reviewed more than 3200 investment options in its 2021 Super fund performance study, which are offered by 238 ...

AMP flags $325m performance hit

KARREN VERGARA  |  FRIDAY, 26 NOV 2021
... announcement. The losses are on top of remediation relating to superannuation misconduct ($45m) and an adjustment for the sale of its life insurance and mature business ($65m). AMP chief executive Alexis George said: "As we have developed our strategies ...

Role of adviser to change: Fidelity

CHLOE WALKER  |  THURSDAY, 25 NOV 2021
... was undertaken to help financial advisers better understand their clients' views on retirement and their main drivers of life satisfaction. The report, titled 'Retirement: The now and the then' identifies best practice principles for improving clients' ...

QSuper faces class action over excess premiums

JAMIE WILLIAMSON  |  THURSDAY, 25 NOV 2021
A class action has been filed against QSuper, claiming it overcharged about 140,000 members for life insurance policies by charging almost all members the same despite differing occupations. Shine Lawyers has filed the action in the Federal Court against ...

APRA hones in on post-retirement products

KARREN VERGARA  |  TUESDAY, 23 NOV 2021
... increase from the $17 billion in 2019. "This is not great for retirees, who may be unnecessarily compromising their quality of life. And it's not great for the Australian community, because it means that our otherwise high-quality retirement system ...