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Showing 1771 - 1780 of 7046 results for "Insurance"

AMP Life sale nears completion, new execs appointed

KANIKA SOOD  |  TUESDAY, 23 JUN 2020
AMP Life has appointed a chief investment officer and a deputy, as its sale to Resolution Life crosses New Zealand central bank's concerns raised last July. The sale was first announced in October 2018 for $3.3 billion and the completion date set for ...

Super fund names chief risk officer

ELIZA BAVIN  |  TUESDAY, 23 JUN 2020
... effective 29 June 2020. Raftis joins the super fund following 20 years working internationally with AXA, AIG (American Insurance Group) and Zurich. He has held a number of executive roles including chief risk officer, chief auditor and chief compliance ...

Capital raisings top $27bn, dividends down $10bn

ELIZA BAVIN  |  TUESDAY, 23 JUN 2020
... institutional investors and $1.2 billion from retail. Also topping the list was Ramsay healthcare at $1.5 billion, QBE Insurance at $1.3 billion and Lend Lease at $1.2 billion. By sector financials led the way again, accounting for over $6 billion in ...

ATO data heaps pressure on ASIC's SMSF fact sheet

HARRISON WORLEY  |  MONDAY, 22 JUN 2020
... significant distortions caused by large SMSFs and funds choosing to use borrowings and buy extensive administrative, insurance and investment services," Maroney said. "High total average expense figures have not reflected the reality of the typical SMSF ...

PPS Mutual bolsters distribution

HARRISON WORLEY  |  MONDAY, 22 JUN 2020
Mutual insurance firm PPS Mutual appointed a senior business development manager in an effort to strengthen its distribution efforts in Queensland. PPS Mutual has appointed Arthur Tang as a senior business development manager in Queensland, reporting ...

Life insurers fork out more for mental health

HARRISON WORLEY  |  MONDAY, 22 JUN 2020
... work, according to new analysis. The latest edition of KPMG and the Financial Services Council's five year study on life insurance claims shows Australian life insurance companies are paying out record amounts in disability claims. Accidents sit atop ...

HESTA asks Retirement Income Review to consider ERS

KANIKA SOOD  |  FRIDAY, 19 JUN 2020
... entitlements be provided to workers who are not classified as employees and/or perform non-standard work, and the "value of insurance in super for low income earners be recognised". Federal Treasurer Josh Frydenberg announced a review into Australia's ...

Chief economist update: COVID-19 nightmare makes Brexit a dream

BENJAMIN ONG  |  THURSDAY, 18 JUN 2020
... the unemployment rate - 3.9% in April from a half-century low of 3.8% in November 2019), those claiming unemployment insurance more than doubled from 1.229 million in January 2020 to 2.802 million in May. Those that were fortunate enough to retain their ...

Industry fund in successor fund transfer

JAMIE WILLIAMSON  |  WEDNESDAY, 17 JUN 2020
... preferred fund as it can also provide sub-plans and separate identities for those sub-plans and continued existing default insurance cover through Hannover Re. Speaking to Financial Standard, OneVue executive general manager, superannuation administration ...

Public super fund rejigs offering

KANIKA SOOD  |  WEDNESDAY, 17 JUN 2020
... Australian Defence Force employees will now allow departing staff to stay with the fund and consequently, has added an insurance offering. ADF Super currently allows only serving employees of the defence force to be with the fund, which is managed and ...