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| | | Legalsuper has introduced several changes to its investment options' objectives and fees, as well as some insurance costs. Effective September 1, the Conservative option will change its investment objective from outperforming an average annual return ... |
| | | | ... when they collectively made $443 million in net losses. For product lines, revenue for individual disability income insurance (IDII) steadily increased over the 12 months to June to $1 billion. Group disability income insurance reported revenue of $732 ... |
| | | | ... far has been outstanding." In addition, Bravura has partnered with AIA Financial Wellbeing to build its first digital insurance needs analysis tool. Using Bravura's Midwinter technology, the tool will enable AIA Financial Wellbeing to provide a personalised ... |
| | | | In the year to 30 June 2025, Australian Unity reported consolidated revenues of $2.6 billion, up $505.6 million. Adjusted EBITDA from continuing operations was $136.2 million, an increase of $65.8 million, and statutory profit after tax of $26.6 million ... |
| | | | ... head of the LDI & government segment, has been recognised for his client leadership and development of the group's insurance house views. Liam Chiodi and Charlie Hurst, who were recruited as analysts in the expanded analyst team that Frontier set ... |
| | | | ... the limited service period. All income and pension payments will be paid early, it added. Financial hardship payments, insurance claims and payments, and immediate access to funds will be available and prioritised, NGS Super said. "This upgrade is not ... |
| | | | ... comment on how many roles were affected, it is understood it is less than 20% of the workforce. "Allianz Australia Life Insurance Limited (AA Life) recently announced a number of changes to its operating model, reinforcing its commitment to the Australian ... |
| | | | ... and retail investors category, which includes credit issues, licence obligations, and other conduct related to advice, insurance, and misleading and deceptive or unconscionable behaviour. One example cited by ASIC was a report of a financial adviser ... |
| | | | ... Richmond will bring 25 years' experience to the fold. Prior to AustralianSuper, he was head of Australia at the global insurance group Ping An Real Estate for four years. He also boasts experience with Bank of America Merrill Lynch and Credit Suisse. ... |
| | | | ... practices that have placed doubt on their compliance obligations and put consumer outcomes at risk. While some life insurance firms have improved since ASIC's 2018 review into direct sale practices, "notable deficiencies" remain, the regulator expressed ... |
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