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| | | MLC Life has appointed a new chief life insurance officer, as Sean McCormack gets ready for a February 26 departure. The role is going to Michael Rogers, who has worked as QSuper's general manager for insurance while it set up its own insurer QInsure. ... |
| | | | For the second time in a year, the $52 billion superannuation fund is increasing the total cost of its standard group insurance cover for members. HESTA's standard insurance cover -- which eligible members automatically receive upon signing up unless ... |
| | | | The $180 billion superannuation fund has been ordered to audit certain procedures, after a member's complaint to a federal regulator found the fund interfered with their privacy. The Office of the Australian Information Commissioner (OAIC) on December ... |
| | | | The $56 billion superannuation fund has hired Frontier's head of alternatives and derivatives. Michael Sommers has been appointed HESTA's general manager portfolio construction and risk and will join its investment leadership structure. Sommers ... |
| | | | ... citing higher costs among the reasons. The $11.5 billion superannuation fund is set for a merger with the $12.6 billion MTAA Super on 1 April 2021. As a part of this, Tasplan will close its MySuper option called OnTrack, which used a lifecycle structure. ... |
| | | | ... will drop individual branding of two funds it acquired in 2018, as it aims to reduce expenses over next three years. AMG Super, which is partly owned by DDH Graham, has so far run the $140 million Emplus Super and $300 million Freedom of Choice Super ... |
| | | | Former Cbus Super chief executive David Atkin, who r ecently joined AMP Capital, has just added a board position at ME Bank. David Atkin joined the industry-fund-owned bank's board as a non-executive director on January 1, alongside Westpac's ... |
| | | | The insurer received a $650 million capital injection just before Christmas, as its majority owner Nippon Life sees the risk of MLC Life's "stagnant" business performance continuing beyond 2021. The raise includes $530 million in ordinary equity, priced ... |
| | | | Willis Towers Watson has appointed a head for financial solutions for Australia and New Zealand, as it looks to expand its insurance products in the region. Lee Garvey will oversee the segment, which will develop products including credit and non-payment ... |
| | | | ... awarded 15 scholarships to members and non-members to put towards further education in automotive and related industries. MTAA Super said the scholarships are worth up to $5000, with the total standing at $50,000 across 15 winners. They were funded via ... |
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