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Showing 441 - 450 of 7045 results for "Insurance"

'We're not going anywhere': SS&C serious about Aussie expansion

ELIZA BAVIN  |  FRIDAY, 7 MAR 2025
... to know the entire marketplace, and while super fund clients are a priority, it's also targeting asset managers, insurance companies and others. "We have lots of technology, lots of new technology that's coming into the marketplace, and we think ...

Super, insurance, and bank boards' 'poor practices' targeted by APRA

ANDREW MCKEAN  |  THURSDAY, 6 MAR 2025
The boards of superannuation trustees, insurers, and banks are on notice, with APRA proposing changes to "strengthen and streamline" governance requirements. The regulator has released eight proposals in what marks the first "significant update" of ...

Insurance through superannuation stages a comeback

ANDREW MCKEAN  |  TUESDAY, 4 MAR 2025
After years of decline, the number of superannuation fund members with insurance is on the rise. Legislative changes in 2019 made insurance opt-in for those with low balances, inactive accounts, or those aged under 25 - taking a sledgehammer to the ...

BNP Paribas wins new custody mandate

ANDREW MCKEAN  |  TUESDAY, 4 MAR 2025
... oversees US$13.7 trillion in assets under custody, said the mandate aligns with its focus on expanding services for insurance clients in Australia. The bank currently provides custody services to three of the top five insurers in Australia. The mandate ...

Financial services chips away at gender pay gap: WGEA

KARREN VERGARA  |  TUESDAY, 4 MAR 2025
... gap, although the WGEA says that they are making an effort. Financial services - which the WGEA classifies as finance, insurance, and superannuation organisations - slightly narrowed the gap from 23.6% in the prior corresponding period. The industries ...

ClearView Wealth's profit bleeds 22% in HY25

MATTHEW WAI  |  FRIDAY, 28 FEB 2025
ClearView Wealth's profit took a blow with its underlying net profit after tax (UNPAT) down 22% to $15.2 million in the six months to 31 December 2024, saying the slump was due to an "aberration" in the claims experience in the first quarter of FY25. ...

Annuities' capital settings due for change: APRA

KARREN VERGARA  |  FRIDAY, 28 FEB 2025
... capital requirements for annuity products, provided certain risk controls are in place," APRA said. At its July 2024 life insurance roundtable, participants pointed out that aspects of the capital framework are more restrictive than those in overseas ...

Family office CIO joins Heritvest

ELIZABETH FRY  |  THURSDAY, 27 FEB 2025
... senior roles at National Australia Bank and BNP Paribas. Nassios started his career as an actuarial analyst in life insurance and annuities and later moved to superannuation and investments. A career shift in 2006 resulted in working for the Myer family ...

'Less revenue for us': AustralianSuper on closing multiple accounts

ELIZA BAVIN  |  THURSDAY, 27 FEB 2025
... 2019 and 11 May 2023. More than 90,000 members incurred $69 million in losses from multiple administration fees and insurance premiums and investment earnings.

TAL taps ex-CBA deputy as chair

ANDREW MCKEAN  |  WEDNESDAY, 26 FEB 2025
... non-executive director of MLC Super, president and chair of the Actuaries Institute, and president and chair of the Life Insurance Association of Singapore. King has experience in insurance, wealth management, superannuation, investments, and broader ...