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Showing 1661 - 1670 of 7046 results for "Insurance"

Corporate fund overhauls admin fees, premiums

ELIZABETH MCARTHUR  |  MONDAY, 28 SEP 2020
... October 2020. The fund has been working to reduce fees, eliminating switching fees, buy-sell spreads, transaction fees and insurance commissions. "Over recent years we have achieved significant operational savings that have enabled us to implement this ...

More clarity on life insurance best interest duty needed: Research

ELIZA BAVIN  |  FRIDAY, 25 SEP 2020
... Institute Taskforce has made sweeping recommendations for broad changes to Australia's retail disability income insurance market, including providing examples of Best Interest Duty in life insurance. The report said ASIC included in RG 175 examples ...

MLC Life restructures, appoints lead

JAMIE WILLIAMSON  |  WEDNESDAY, 23 SEP 2020
MLC Life Insurance is combining its group and retail life insurance divisions to better meet client needs, saying the current level of service is not acceptable. The group has also appointed a new executive team to lead the initiative. The life insurer ...

Bermuda-based fund launches down under

ALLY SELBY  |  WEDNESDAY, 23 SEP 2020
A boutique manager has launched its Bermuda-based fund to the Australian market, with underlying assets in US life insurance policies. The Life Settlements Fund is projected to return 8-12% per annum according to its manager Laureola Advisors, with ...

817 super complaints during COVID-19

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 SEP 2020
... and 31 August 2020. Superannuation complaints were dwarfed by other industries with just 817 of the 7420 total. Travel insurance complaints made up the bulk, with 2610. There were 910 complaints about credit cards and 674 about home loans. Personal loans ...

Lonsec bolsters investment team

ALLY SELBY  |  TUESDAY, 22 SEP 2020
... nearly three years as a senior equity analyst, having previously worked as an investment analyst at Catholic Church Insurance and Perennial Investment Partners. The investment research team has also welcomed two new analysts: Asha Rahman who has joined ...

Macquarie director departs

ALLY SELBY  |  MONDAY, 21 SEP 2020
... board governance and compliance committee. From 2001 to 2008, Hawker was the chief executive and managing director of Insurance Australia Group, having previously held senior positions with Westpac and Citibank. He currently serves on the boards of Bupa ...

IAG names chief from within

ANNABELLE DICKSON  |  MONDAY, 21 SEP 2020
Insurance Australia Group has promoted its deputy chief executive to chief executive following Peter Harmer's announcement to retire. Nick Hawkins was appointed as deputy chief executive in April this year after 12 years as the company's chief financial ...

Zurich distribution chief joins boutique

JAMIE WILLIAMSON  |  FRIDAY, 18 SEP 2020
... is set to depart, taking on a new role with a boutique fund manager from December. The executive overseeing its group insurance proposition is also set to depart as the insurer restructures for efficiency. Kristine Brooks has been appointed head of Australian ...

Real opportunity for super funds in private assets: Schroders

ELIZA BAVIN  |  THURSDAY, 17 SEP 2020
... Australian private debt market when COVID-19 hit Australian shores. "Superannuation funds have a big benefit versus banks and insurance companies in that they don't have to worry about regulatory capital," Smith said. "The banks have this sweet spot ...