Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 2561 - 2570 of 10553 results for "BEI"

APRA calls out poor group insurance practices

KARREN VERGARA  |  TUESDAY, 9 MAR 2021
The prudential regulator has lambasted the group insurance sector for several practices it deems disagreeable, casting doubt over the future viability of insurance provided via superannuation. APRA recently wrote to superannuation funds and life insurers ...

Women don't own fair share of super

ELIZABETH MCARTHUR  |  TUESDAY, 9 MAR 2021
New research from Rainmaker Information has highlighted the stark gender gap in superannuation savings. Despite making up half of the population, women only own roughly 40% of the funds under management in super - equating to approximately $1.2 trillion. ...

Funds announce chief ahead of merger

ELIZABETH MCARTHUR  |  MONDAY, 8 MAR 2021
With LGIAsuper and Energy Super to merge, the funds' boards have agreed on who will be chief executive. LGIAsuper chief executive Kate Farrar will lead the merged funds from 1 July 2021. The merger of LGIAsuper and Energy Super will see the funds ...

MLC Life appoints retail general manager

KANIKA SOOD  |  MONDAY, 8 MAR 2021
MLC Life Insurance has appointed a general manager for retail distribution partnerships, as the incumbent leaves. Michael Downey is moving into the role that reports directly to MLC Life Insurance chief executive Michael Rogers effective March 22. The ...

Women-led super funds outperform

KARREN VERGARA  |  MONDAY, 8 MAR 2021
New research shows superannuation funds with females holding an executive position continue to outperform male counterparts. Of the 50 super funds analysed in Rainmaker's annual W-Index, one-third of leadership roles such as chairs of the board ...

Mayfair 101 wins case, questions remain

ELIZABETH MCARTHUR  |  MONDAY, 8 MAR 2021
A physical education teacher turned property investor has lost a suit against Mayfair 101, but the details of the case demonstrate how novice investors could be confused by the firm's marketing. Stuart Klees sued M101 Holdings, claiming that he was ...

Government retirement modelling leaves women behind: ISA

ELIZA BAVIN  |  MONDAY, 8 MAR 2021
Government retirement modelling does not consider the interrupted careers of women, according to research by Industry Super Australia (ISA). The research, which analysed two decades of Household, Income and Labour Dynamics in Australia (HILDA) Survey ...

Celebrating women in financial services

STAFF WRITER  |  MONDAY, 8 MAR 2021
According to recent data from the Workplace Gender Equality Agency, women hold 14.6% of chair positions, 28.1% of directorships and represent 18.3% of chief executives and 32.5% of key management personnel. Perhaps most concerning of all, only 0.4% ...

Dover, McMaster hit with $1.4m penalty

KARREN VERGARA  |  FRIDAY, 5 MAR 2021
In a win for ASIC this morning, Dover Financial Advisers and its founder Terry McMaster have been ordered to pay over $1.4 million in penalties by the Federal Court of Australia. Justice O'Bryan imposed a $1.2 million penalty on the defunct financial ...

Fidante strikes new partnership

KANIKA SOOD  |  FRIDAY, 5 MAR 2021
Challenger's multi-boutique business has partnered with a Japanese asset management giant in a two-way relationship. Nomura Asset Management, which has over $500 billion in assets under management, will support Fidante's Japanese ambitions. Fidante ...