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Showing 21 - 30 of 290 results for %22Westpac Life%22

What you read in 2022

CASSANDRA BALDINI  |  FRIDAY, 16 DEC 2022
... developments that impact the future sustainability of the fund" as well as the best financial interests of members. 4. Westpac offloads BT super to Mercer In May, Westpac confirmed it signed a successor funds transfer with Mercer which saw all of its ...

MySuper heatmap reveals sub-par products

ANDREW MCKEAN  |  THURSDAY, 15 DEC 2022
... to the benchmark. EISS Super's MySuper option, Colonial First State FirstChoice Employer Super, BT Super MySuper, Westpac Group Plan MySuper, Commonwealth Essential Super and AMG MySuper received a significantly poor performance rating. Many of these ...

ANZ to pay $42m in insurance lawsuit

CASSANDRA BALDINI  |  MONDAY, 14 NOV 2022
... liability and neither does Colonial Mutual Life Assurance Society or AIA Australia. Another settlement was agreed with Westpac, the law firm said. The three settlements, which are all subject to court approval, are expected to result in up to one million ...

Westpac updates on strategic priorities

CASSANDRA BALDINI  |  MONDAY, 7 NOV 2022
In releasing its full-year results, Westpac has provided an update as to its simplification efforts. The banking giant said one of its main priorities is the continued simplification of its business. Portfolio simplification relating to the businesses ...

ASIC dishes out permanent ban to 'lifestyle' adviser

JAMIE WILLIAMSON  |  WEDNESDAY, 12 OCT 2022
... Queensland's Robina since 2017. The ASIC Financial Adviser Register shows that between 2010 and 2015 Reynolds was licensed by Westpac. He then moved to Dover Financial Advisers until its AFSL was cancelled in July 2018. Then, more than a year later ...

Insurers are 'fishing' for non-disclosures: ASIC

ANDREW MCKEAN  |  FRIDAY, 2 SEP 2022
... that participated in the review are AIA Australia, TAL, Zurich Australia, MLC Life, Resolution Life Australasia, and Westpac Life Insurance Services. Individual disability income insurance cover is obtained through direct or advised channels where each ...

Four MySuper products fail for second time: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2022
... four of them failing for a second time. The product that failed this year's performance test for the first time is Westpac Group Plan MySuper. Westpac must now identify the causes of underperformance and set about working to correct it. It must also ...

TAL completes acquisition of Westpac Life

CASSANDRA BALDINI  |  MONDAY, 1 AUG 2022
... all of Westpac's life insurance business and existing policies will transfer over to TAL Group. A total of 345 Westpac Life employees will also migrate over to the insurer. Westpac expects to report a total after tax loss on sale of about $1.37 billion ...

Perpetual Private hires from MLC, MetLife

JAMIE WILLIAMSON  |  WEDNESDAY, 27 JUL 2022
... where he was head of employee benefits sales, based in Dubai. He has previously spent more than a decade in banking across Westpac and BT. "Matt has a successful track record over close to 20 years in banking and finance having worked across a number ...

That's a wrap for the BT Wrap

CASSANDRA BALDINI  |  MONDAY, 4 JUL 2022
... innovation. From our perspective, it ensures advisers can work with us in a digital sense... it's advice efficiency," he said. Westpac and BT are currently hunting a buyer for the Panorama platform. The bank has previously said it expects to announce ...