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Showing 11 - 20 of 156 results for "ICA"

ASIC secures win against HCF Life

ELIZA BAVIN  |  TUESDAY, 29 OCT 2024
... the customer was not aware of the pre-existing condition. Additionally, ASIC said section 47 of the Insurance Contracts Act (ICA) prevents insurers from excluding coverage for non-disclosure of a pre-existing condition if the customer was not aware of ...

NZ Superannuation Fund names joint CIOs

KARREN VERGARA  |  TUESDAY, 22 OCT 2024
The New Zealand Superannuation Fund (NZSF) has split the role of chief investment officer, promoting two of its investment professionals to their new posts. Brad Dunstan and Will Goodwin will become joint chief investment officers effective December ...

MLC Life appoints two C-suite executives

MATTHEW WAI  |  TUESDAY, 10 SEP 2024
MLC Life Insurance has appointed a chief executive, individual business and a chief customer and strategy officer. Gerard Kerr joins the life insurer as chief executive, individual business, while Jane McGovern moves internally from chief risk officer ...

Investment veterans take on new roles

ELIZABETH FRY  |  MONDAY, 8 JUL 2024
A former chief investment officer of Zurich Insurance has a new regional lead role, while an ex-TCorp strategy head took on a chief investment officer position. Michael Vos has been appointed head of investments for Asia Pacific. The investment professional ...

JPMAM, iCapital launch new private market fund for wholesale investors

ANDREW MCKEAN  |  TUESDAY, 18 JUN 2024
J.P. Morgan Asset Management (JPMAM) and iCapital have launched a new Australian domiciled fund designed to afford wholesale investors access to small to mid-market private equity opportunities. The fund, managed by iCapital, and will invest in an underlying ...

AFCA seeks industry feedback on approaches

ELIZA BAVIN  |  FRIDAY, 14 JUN 2024
... authority said it is looking to create a new approach to sections 29 (6) and (7) of the Insurance Contracts Act 1984 (Cth) (ICA) when it comes to superannuation. It is also looking to amend its approach to delayed insurance claims in the super industry ...

Income AM bolsters sales function

ELIZABETH FRY  |  FRIDAY, 5 APR 2024
ASX-listed bond broking firm Income Asset Management has hired a team of fixed income specialists from rival FIIG Securities. The six recruits will report to IAM's head of sales for capital markets Jenna Labib. The appointments come one year after ...

JPMAM partners with NZ wealth firm

KARREN VERGARA  |  TUESDAY, 30 JAN 2024
J.P. Morgan Asset Management (JPMAM) is joining forces with a New Zealand-based private wealth firm that has $28 billion of client funds under management. Craigs Investment Partners (CIP), a high-net-worth advisory firm that also provides investment ...

JPMAM to bring more alts strategies to wholesale investors

JAMIE WILLIAMSON  |  TUESDAY, 12 DEC 2023
Local wholesale investors will have greater access to alternative investments thanks to a new partnership between J.P. Morgan Asset Management and iCapital. JPMAM said the new union demonstrates its global strategic priority to democratise alternatives ...

Private markets make concrete inroads with advisers

KARREN VERGARA  |  WEDNESDAY, 6 DEC 2023
Financial advisers are feeling energised by private markets as fund managers pave the way to make opportunities accessible not only to sophisticated investors but also retail clients more than ever. Diversification, enhanced returns, and improved accessibility ...