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Showing 331 - 340 of 3445 results for "Update"

Pengana losses up 789% in FY24, revenues rise

ELIZA BAVIN  |  THURSDAY, 29 AUG 2024
Pengana Capital Group (PCG) has reported a significant increase in losses for FY24 compared to FY23 - up 789%. The company reported underlying profit before tax of $2.4 million and a loss from ordinary activities after tax of $4.3 million for the year. ...

MetLife Australia launches new online insurance platform

MATTHEW WAI  |  THURSDAY, 29 AUG 2024
... life insurance. The life insurance company said Manage My Insurance will allow its super fund's members to access and update their life insurance "anytime and anywhere". The integration comes after the recent updates on the MetLife Protect and MetLife ...

APRA reorganises as it sets sights on superannuation

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
The Australian Prudential Regulation Authority (APRA) has published its latest corporate plan as well as some changes to its internal structure. The corporate plan outlines how the regulator will maintain the "strength and stability of Australia's banks ...

NGS Super to cut insurance premiums

ANDREW MCKEAN  |  TUESDAY, 27 AUG 2024
NGS Super will adjust its insurance costs, resulting in lower premiums for more than 97% of its members, from October 1. The super fund noted, however, that a "small group of members" will experience an increase in costs. On average, its members will ...

ASIC locks eyes on super industry

ELIZA BAVIN  |  THURSDAY, 22 AUG 2024
The Australian Securities and Investments Commission (ASIC) has unveiled its corporate plan for the next 12 months, with the superannuation industry in the firing line. ASIC said its review of the superannuation industry has been a multi-year project ...

Rest cuts investment options

ELIZA BAVIN  |  WEDNESDAY, 21 AUG 2024
Rest has announced a raft of changes to its investment menu, including a reduction in the number of investment options from 15 to nine. From September 30, the super fund will streamline its investment menu in a move it said will make the selection process ...

Perpetual names new chief executive

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2024
... said. "There are no other changes to roles or responsibilities, including in our investment teams. We will continue to update you as important milestones are reached in relation to the creation of our standalone business," she said. Perpetual chair Tony ...

Misconduct cases soar at CBA

ELIZA BAVIN  |  WEDNESDAY, 14 AUG 2024
Commonwealth Bank of Australia (CBA) has revealed there were 2259 substantiated cases of misconduct for the year, up from 1122 the previous year. Of those, 18 were cases of sexual harassment or other sex-based harassment, two were a result of bullying ...

TelstraSuper fields influx of merger offers

JAMIE WILLIAMSON  |  FRIDAY, 9 AUG 2024
... announcing in May that it is looking to merge, TelstraSuper has received "a high level of interest" from its peers. In an update on the merger process, TelstraSuper said its board is currently considering information provided by a range of superannuation ...

Vision Super closes property, infrastructure options

JAMIE WILLIAMSON  |  TUESDAY, 6 AUG 2024
... costs. On a $50,000 balance, a member will pay an estimated $208 for the Balanced Low Cost option. Finally, offering an update on the merger with Active Super, Vision Super chief executive Stephen Rowe said the funds "plan to have most activities finished ...