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Showing 291 - 300 of 5264 results for "Life 439"

Annuities' capital settings due for change: APRA

KARREN VERGARA  |  FRIDAY, 28 FEB 2025
APRA's proposal to overhaul capital requirements for annuities is touted to be the most significant change for life insurers in more than a decade. The prudential regulator said it will detail its proposed changes in the second half of 2025. "This ...

Family office CIO joins Heritvest

ELIZABETH FRY  |  THURSDAY, 27 FEB 2025
A long-serving investment professional has been appointed to the top investment job at Heritvest Family Office. George Nassios will report to Will Zhang, chief executive of Heritvest, a multi-family office service provider with a regional presence. ...

Global active equity managers suffer their worst year in decades

ANDREW MCKEAN  |  THURSDAY, 27 FEB 2025
Global active equity managers faced their toughest year in over two decades in 2024, according to Frontier Advisors. Frontier Advisors said heightened market concentration and US equity dominance created formidable headwinds, with most managers struggling ...

Northern Trust lands another mandate

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2025
Northern Trust has been selected to provide global custody and valuation reporting services for Generation Life. With the new remit, Northern Trust will provide support to $1.5 billion ( as of 31 January 2025 ) of Generation Life's portfolio assets ...

TAL taps ex-CBA deputy as chair

ANDREW MCKEAN  |  WEDNESDAY, 26 FEB 2025
TAL has appointed a new chair to succeed Mark Joiner, who stepped down late last year, while also adding another non-executive director. Former Commonwealth Bank of Australia (CBA) deputy chief David Cohen, a 16-year veteran of the bank, will take over ...

Acenda names inaugural chair

MATTHEW WAI  |  WEDNESDAY, 26 FEB 2025
MLC Life Insurance has announced who will chair the insurer when it becomes Acenda. MLC Life Insurance, soon becoming Acenda through the merger with Resolution Life Australia, has appointed Craig Dunn to the position and will take effect upon the completion ...

PIMCO local managing director to step down

KARREN VERGARA  |  MONDAY, 24 FEB 2025
PIMCO's local head Rob Mead is set to retire after more than 20 years with the fund manager. Mead, who is also the co-head of Asia Pacific portfolio management, has been with PIMCO since 2003. Five years ago, Mead became the head PIMCO's Australian ...

Treasury drafts superannuation retirement income principles

ANDREW MCKEAN  |  MONDAY, 24 FEB 2025
A confidential Treasury draft proposal obtained by Financial Standard outlines voluntary principles for the design and delivery of superannuation retirement income solutions, extending beyond the obligations of the Retirement Income Covenant. The principles ...

Alpencrest ramps up expansion, signs Aussie affiliate

KARREN VERGARA  |  FRIDAY, 21 FEB 2025
Alpencrest Capital, a funds management incubator focused on distribution, has signed up its fifth affiliate and expects to come to market with three unit trusts in five months' time. Read Price and Camilla Love set up Alpencrest 18 months ago and officially ...

Life insurers enhance domestic violence response

MATTHEW WAI  |  THURSDAY, 20 FEB 2025
The Council of Australian Life Insurers (CALI) released new best practice guidance on family and domestic violence that sets new benchmarks for life insurers to better understand and engage with victim-survivors. The detailed framework will help Australian ...