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Showing 351 - 360 of 2372 results for "Joint"

Life insurer claims under regulator watch

CHLOE WALKER  |  MONDAY, 12 DEC 2022
... guidance to conduct a fair remediation and return money owed to customers in a timely way." ASIC's statement follows its recent joint letter with APRA, highlighting concerns over unnecessary life insurance premium increases.

APRA, ASIC concerned over premium increases

CHLOE WALKER  |  FRIDAY, 9 DEC 2022
... the continuing increases to retail insurance premiums following complaints from consumers and reportable situations. In a joint letter, the regulators said they're concerned premium increases have been applied inappropriately, particularly in relation ...

Centuria, Morgan Stanley launch $181m partnership

CHLOE WALKER  |  THURSDAY, 8 DEC 2022
... divestments, demonstrates CIP's ongoing commitment to prudent capital management and portfolio optimisation," he said. Centuria joint chief executive Jason Huljich added: "This new partnership expands our existing relationship with MSREI, having established ...

Blackstone restricts withdrawals on US$125bn property fund

CASSANDRA BALDINI  |  FRIDAY, 2 DEC 2022
... Blackstone's announcement on Thursday that it would sell its remaining 49.9% interest in MGM Grand Las Vegas and Mandalay Bay Joint Venture for approximately US$1.27 billion to VICI Properties (VICI). In a statement Blackstone senior managing director ...

MaxCap sells logistics site to Brookfield

JAMIE WILLIAMSON  |  WEDNESDAY, 30 NOV 2022
... off Woodville Road, which linked to the M4 and M5 freeways, and is close to public transport. MaxCap Group, alongside its joint venture partner Time & Place, said it is making the most of the current growing in prime industrial land values as well as ...

APRA urges entities to strengthen risk management

CASSANDRA BALDINI  |  FRIDAY, 25 NOV 2022
APRA general manager of governance, culture, remuneration and accountability Stuart Bingham said a strong risk culture is essential for effective risk management outcomes. In a speech, delivered at the Financial Services Assurance Forum, Bingham discussed ...

New credit fund targets Australia

CHLOE WALKER  |  FRIDAY, 11 NOV 2022
... of the path of interest rates and in the context of growth in the private market for credit solutions. Commenting on the joint venture, Alpha Wave Global chair Rick Gerson said: "We are excited about the launch of Alpha Wave Private Credit with our partners ...

CareSuper flags merger with Spirit Super

ANDREW MCKEAN  |  WEDNESDAY, 9 NOV 2022
... Super would combine to create a fund with over 500,000 members, and over $45 billion in funds under management (FUM). In a joint statement, CareSuper chair Linda Scott and chair of Spirit Super Naomi Edwards said: "Both funds have identified a shared ...

Centuria launches new unlisted industrial fund

CHLOE WALKER  |  TUESDAY, 8 NOV 2022
... purpose-built, 13,843sqm industrial facility is 100% leased to Wesfarmers' safety supplies subsidiary, Blackwoods. Centuria joint chief executive Jason Huljich said: "This Central Queensland acquisition captures the strong tailwinds of the domestic industrial ...

Australians worry about retirement - and maybe they should

ANDREW MCKEAN  |  TUESDAY, 8 NOV 2022
... Super Consumers Australia. The consumer body said a pre-retiree couple only needs to save $402,000 by age 65 to achieve a joint annual income of $64,000. Finder superannuation expert Alison Banney said insufficient super is a growing problem. "Millions ...