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Showing 271 - 280 of 5297 results for "Life 439"

QSuper settles $67m class action

ANDREW MCKEAN  |  WEDNESDAY, 28 MAY 2025
QSuper, which merged with Sunsuper to create Australian Retirement Trust (ART), Australia's second-largest super fund, has reached a $67 million out-of-court settlement over claims members were overcharged for life insurance premiums. The settlement ...

Challenger adds to board director lineup

MATTHEW WAI  |  MONDAY, 26 MAY 2025
Challenger has appointed two independent non-executive directors, while JoAnne Stephenson will retire on June 30. John Somerville and David Whittle have been added to the board of Challenger and Challenger Life Company, collectively bringing over 55 ...

Former director sentenced over 'test' trading accounts

MATTHEW WAI  |  THURSDAY, 22 MAY 2025
A former financial services director, who dishonestly obtained near $1 million by tricking his clients into investing into a "test" trading platform, has had his sentence handed down. Mark Francis McCabe was sentenced to four years and three months' ...

Chalmers and Bragg spar over $3m super tax

JAMIE WILLIAMSON  |  TUESDAY, 20 MAY 2025
Treasurer Jim Chalmers is maintaining politicians will be captured by the $3 million super tax, labelling commentary to the contrary as lies. Liberal Senator Andrew Bragg has copped heat from Chalmers over his claims that the Division 296 tax changes ...

Size of super impacting capital markets

ELIZA BAVIN  |  TUESDAY, 20 MAY 2025
Speaking at the Stockbrokers and Investment Advisers Association's (SIAA) 2025 conference, experts said the size of the superannuation sector is impacting smaller companies' ambitions to grow. AUSIEX chief executive Patrick Salis said the concentration ...

Zurich fined over false and misleading statements

MATTHEW WAI  |  MONDAY, 19 MAY 2025
Zurich Australia has paid two infringement notices totalling $37,560 issued by the Australian Securities and Investments Commission (ASIC) over alleged false and misleading statements to two policyholders. In May 2024, Zurich declined two trauma insurance ...

Productivity Commission identifies priority reform areas

ELIZA BAVIN  |  MONDAY, 19 MAY 2025
The Productivity Commission (PC) has identified 15 priority reform areas for further exploration under the five productivity inquiries commissioned by the government. The five productivity inquiries were around creating a dynamic and resilient economy ...

Quinbrook Infrastructure Partners adds to APAC leadership

MATTHEW WAI  |  THURSDAY, 15 MAY 2025
The infrastructure investment manager has named two new senior appointments. Ryan Gordon, bringing 20 years of experience, has been appointed as managing director and head of APAC. He joined the firm after an 18-year tenure at QIC, most recently as ...

Advice bodies want efficiency, long-term solutions from Mulino

KARREN VERGARA  |  WEDNESDAY, 14 MAY 2025
Australia's top advice associations are eagerly anticipating meaningful and swift changes to take place under new financial services minister Daniel Mulino, optimistic that critical reforms in the Compensation Scheme of Last Resort (CSLR) and Delivering ...

TPD claim settlements take 'considerably longer': Rainmaker

MATTHEW WAI  |  MONDAY, 12 MAY 2025
New group insurance research finds that total permanent disability (TPD) claims are taking much longer to process, while death claims appear to have more efficient processes in place. According to Rainmaker's latest benchmarking data, a total of ...