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Showing 11 - 20 of 6393 results for "Insurance"

Mine Super cuts fees, updates investment options

ANDREW MCKEAN  |  WEDNESDAY, 17 APR 2024
... 50-54 will be invested in growth, and those aged 55 and above in balanced. Mine Super will also soon change its default insurance offer for new members.

Financial advice exodus has 'bottomed out': ClearView

ELIZA BAVIN  |  WEDNESDAY, 17 APR 2024
... which is expected to be complete in 1H FY25. Despite exiting the advice business themselves, ClearView said its life insurance business is well positioned to support double-digit underlying NPAT growth. It said it was "future proofing" the business to ...

Equity Trustees welcomes new chief financial officer

ELIZA BAVIN  |  THURSDAY, 11 APR 2024
... finance teams. She is currently the interim chief financial officer at ISPT and responsible for the finance, procurement, insurance, tax, treasury, and valuation functions of the business. Prior to this, she was Vanguard Australia chief financial officer ...

Life insurers struggle with code compliance

KARREN VERGARA  |  WEDNESDAY, 10 APR 2024
Life insurers continue to breach their own compliance code with more than 12,000 instances recorded, yet the body overseeing their conduct fears this is likely under-reported. The Life Code Compliance Committee (LCCC) saw another increase in the number ...

IMF flags concerns over 'risky' private credit market

ELIZA BAVIN  |  TUESDAY, 9 APR 2024
... flexibility, and attentiveness have proved valuable to borrowers. Institutional investors such as pension funds and insurance companies have eagerly invested in funds that, though illiquid, offered higher returns and less volatility." The IMF said that ...

Super advice fee deductions compound red tape: JAWG

KARREN VERGARA  |  MONDAY, 8 APR 2024
... met, simplify the rules banning conflicted remuneration and introduce new consumer consent requirements for certain insurance commissions. "This schedule also amends the Superannuation Industry (Supervision) Act 1993 and Income Tax Assessment Act 1997 ...

Super funds' IDR process weak, inadequate: AFCA

KARREN VERGARA  |  FRIDAY, 5 APR 2024
... appropriately both at the IDR and external dispute resolution (EDR) level and consistently delayed processing death benefits and insurance claims. Once AFCA raised the issue with the fund, the trustee blamed its administrator for failing to meet agreed ...

Court delays DASS class action settlement approval

KARREN VERGARA  |  FRIDAY, 5 APR 2024
... group financial controller and before that worked in finance and accounting roles at KPMG Australia and Liberty Mutual Insurance Europe. He will be replaced by Robert Darwell, who is currently director of corporate finance and strategy. Darwell has been ...

Suncorp sells NZ life business to Resolution Life

JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2024
... Australia's super and investments arm. "Our growth is predominantly through the acquisition of in-force portfolios of life insurance policies as well as remaining open to growing new business in select strategic markets. Asteron Life presents a compelling ...

Aware Super chair named governor-general

ELIZA BAVIN  |  WEDNESDAY, 3 APR 2024
... Music Group as well as sitting on the board of Mirvac. She has also worked at senior levels in telecommunications and insurance companies in Australia and globally. She held senior non-executive roles on boards including Transurban, Virgin Australia ...