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Showing 401 - 410 of 10302 results for "STI"

Mental illness payouts balloon over $2.2bn: CALI

MATTHEW WAI  |  FRIDAY, 11 JUL 2025
More Australians are leaving work permanently due to mental ill health than ever before with insurers paying out over $2.2 billion in mental health claims last year, according to new data from the Council of Australian Life Insurers (CALI). CALI said ...

Rest Super loses investment risk lead

ELIZABETH FRY  |  THURSDAY, 10 JUL 2025
Rob Leck has just finished up as the head of investment risk at Rest Super and is looking for a new home within the pension sector. For around half of his four years at the superannuation fund, Leck worked as a senior investment manager. He has spent ...

Platinum executives depart amid merger talks

ELIZABETH FRY  |  THURSDAY, 10 JUL 2025
Three executives at Platinum Asset Management have departed as the asset manager finalises its merger with L1 Capital. Platinum's head of investment Douglas Isles and head of institutional distribution Charlie Brooks have both exited the business ...

Instos turn to risk as volatility lessens: State Street

MATTHEW WAI  |  THURSDAY, 10 JUL 2025
Institutional investors are aggressively buying into risk as stocks are reaching new highs, likely spurred by falling market volatility as Australia sees surges in local investments, new data from State Streeet finds. The State Street Risk Appetite ...

RBA delivers 'confounding' rates decision

ELIZA BAVIN  |  TUESDAY, 8 JUL 2025
The Reserve Bank of Australia (RBA) kept interest rates on hold at 3.85% at the July meeting, surprising many experts and the markets which were anticipating another cut. The RBA board confirmed that inflation has continued to moderate but ultimately ...

Cbus, Rest deliver 'strong' returns amid heightened volatility

MATTHEW WAI  |  FRIDAY, 4 JUL 2025
Cbus and Rest have reported their results for the financial year ending June 30, sharing common themes in success from both domestic and global investments. Cbus Growth MySuper investment option returned 10.29% throughout the period. Its High Growth ...

ASIC funding levy to charge advisers $46.2m

KARREN VERGARA  |  FRIDAY, 4 JUL 2025
The financial advice sector can expect to contribute $46.2 million to ASIC's industry funding levy for the 2025 financial year, new estimates show. ASIC's Cost Recovery Implementation Statement (CRIS) report shows that advisers who provide personal ...

ASFA publishes new service standards on claims handling

ELIZA BAVIN  |  FRIDAY, 4 JUL 2025
ASFA has released a new ASFA Service Standard - Claims Handling in Superannuation: Insurance and Health Related Claims, which it said is a significant step forward in improving member outcomes. ASFA said the new standard was made to guide superannuation ...

Movers and shakers: Cbus, HESTA, Rest, Minderoo and Colonial First State

ELIZABETH FRY  |  THURSDAY, 3 JUL 2025
Cbus Super has farewelled Divya Jain who has joined Rest Super as a senior portfolio manager as the $80 billion fund continues to strengthen its asset allocation team. Jain spent two years at Cbus after a seven-year stint at AustralianSuper, where she ...

Acenda hires from Hostplus

ELIZABETH FRY  |  THURSDAY, 3 JUL 2025
Acenda has appointed Lee Sammartino to the new role of general manager of superannuation partnerships, a key role in its drive for growth in group insurance. Sammartino, who began this week, brings nearly 30 years of experience in financial services ...