Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 351 - 360 of 5356 results for "Life 439"

Div 296 must proceed to strengthen 'fairness' in superannuation: ASFA

MATTHEW WAI  |  THURSDAY, 17 APR 2025
Ahead of the federal election, the Association of Superannuation Funds of Australia (ASFA) has urged all contesting parties to consider its recommendations to "protect and strengthen" the super sector. The peak body is calling for specific reforms in ...

Challenger posts mixed Q3 FY25 result

MATTHEW WAI  |  THURSDAY, 17 APR 2025
Challenger saw strong growth in annuity sales but its assets and funds under management fell in the third quarter of FY25. Challenger's funds under management were $115.2 billion, a $5.9 billion drop, mainly due to negative market movements, but also ...

DII drives life insurance disputes: APRA

KARREN VERGARA  |  THURSDAY, 17 APR 2025
Disability income insurance (DII) continues to be a bugbear for the life insurance industry and is the most highly disputed product among advised, non-advised and group insurance customers, APRA statistics show. In 2024, total DII disputes reached 1987 ...

NGS Super to launch lifetime income product

MATTHEW WAI  |  TUESDAY, 15 APR 2025
... asked Australians over 60 what made them happy, three things stood out: good physical health (59%), enough money to enjoy life (41%), and good mental health (38%)." The report also revealed that a third of women over 60 (34%) are "extremely or very worried" ...

Janus Henderson to take on $75bn fixed income portfolio

ELIZA BAVIN  |  WEDNESDAY, 9 APR 2025
Janus Henderson has entered a strategic partnership with The Guardian Life Insurance Company of America (Guardian) to manage its $75 billion (US$45 billion) investment grade public fixed income portfolio. As part of the partnership, Guardian investment ...

Which fund managers are making the most from investor fees?

ANDREW MCKEAN  |  TUESDAY, 8 APR 2025
Data analysis reveals the Australian fund managers that generated the most fees last year. The rankings were derived from an analysis of Morningstar's database of fund managers, with annual fee revenue determined by a fund's size multiplied by the Total ...

TAL takes 15% stake in Challenger

KARREN VERGARA  |  MONDAY, 7 APR 2025
MS&AD Insurance Group Holdings has sold its entire 15.1% stake in Challenger to TAL. TAL, together with its parent company Dai-ichi Life Holdings, acquired the minority interest at $8.46 per share - marking a 53% premium to Challenger's closing ...

Count acquires Adelaide advice firm

MATTHEW WAI  |  MONDAY, 7 APR 2025
A Fullerton-based accounting and financial planning firm has entered a binding transaction with Count subsidiary Count Adelaide. Johnston Grocke is to merge with Count Adelaide, in a deal to move forth Count's strategy of "creating a national footprint ...

New gig for Challenger's ESG specialist

ELIZABETH FRY  |  THURSDAY, 3 APR 2025
Challenger Ltd has confirmed the appointment of Charlotte O'Meara as the head of responsible investment. The annuity provider said O'Meara is tasked with leading the ESG framework across the investment teams at Challenger, helping the life and ...

iExtend appoints chief operating officer

ELIZA BAVIN  |  WEDNESDAY, 2 APR 2025
iExtend has appointed Michael Hull as chief operating officer with the aim to enhance its operational frameworks and to ensure compliance and regulatory standards continue to be delivered as the business grows. Hull brings a broad business background ...