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Showing 281 - 290 of 1891 results for "Associated"

Citi terminates staff super fund

JAMIE WILLIAMSON  |  TUESDAY, 29 AUG 2023
... Over the years, the regulatory environment has become more complex, which has increased the demands, risks and costs associated with running a small, stand-alone corporate superannuation fund. The future entails further regulatory changes and it has ...

Super, retirement unit cushions Link's massive loss

KARREN VERGARA  |  MONDAY, 28 AUG 2023
... million in its profitability, provisioning this amount as the fallout from the Woodford Equity Income Fund settlement and associated redress continues. Link's loss would have worsened if it had not sold its 10% interest in PEXA during the period ...

Munich Re targets AMP over alleged reinsurance misconduct

ANDREW MCKEAN  |  WEDNESDAY, 23 AUG 2023
... as a defendant) entered into certain reinsurance agreements in 2016 and 2017. Allegations suggest that AMP and its associated entities may have acted in a misleading or deceptive way in respect to these agreements. AMP has not yet filed a defence in ...

Foresters Financial launches tax-effective education bond

ANDREW MCKEAN  |  MONDAY, 21 AUG 2023
... generational transfer of wealth capabilities." "Families can access funds at any time and can use it to claim anything associated with education. Whether that be anything from tuition fees, accommodation, travel, and equipment." Sakellaris continued ...

Equity Trustees to exit UK, Ireland

ANDREW MCKEAN  |  TUESDAY, 15 AUG 2023
... parties to facilitate this process." Equity Trustees will write off the goodwill and management rights of $2.1 million associated with this investment. It will also incur costs associated with the exit, including continuing to fund operating losses until ...

Challenger Life books record annuity sales

KARREN VERGARA  |  TUESDAY, 15 AUG 2023
... off its defined benefit (DB) de-risking partnership with Aware Super. Challenger will help de-risk the liabilities associated with $619 million worth of lifetime annuities in the first quarter of 2024. In the funds management unit, assets under management ...

Equity Trustees combines super, trustee arms

JAMIE WILLIAMSON  |  FRIDAY, 11 AUG 2023
... The changes come as EQT reviews its operations in the UK and Ireland, citing increased costs and pricing pressures associated with an intensifying regulatory environment and greater competition. EQT said it is considering all strategic options for the ...

US inflation rises 3.2%

KARREN VERGARA  |  FRIDAY, 11 AUG 2023
... investment strategist Stephen Miller said while the inflation did rise, it reflects "the vagaries of base effects largely associated with energy prices and was in any case slightly better than markets had anticipated". More important is that measures ...

AMP provisions $50m in response to class action

ANDREW MCKEAN  |  THURSDAY, 10 AUG 2023
... year-end. AMP has set aside a $50 million provision, reflecting its preliminary assessment of potential liabilities associated with the advice practices central to the lawsuit. While awaiting the Federal Court's conclusive orders on the judgement ...

Industry fund cuts insurance costs

ANDREW MCKEAN  |  WEDNESDAY, 9 AUG 2023
... of disablement has been extended from 12 months to 24 months. Another new test is the 'unable to do basic activities associated with work ever again' replacing the earlier six tests that included 'specific illnesses or injuries,' 'permanent impairment,' ...