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Showing 441 - 450 of 7319 results for "Life"

abrdn embraces letter 'E' again

JAMIE WILLIAMSON  |  WEDNESDAY, 5 MAR 2025
... 2021. Overnight, it was announced that abrdn will be renamed aberdeen group and trade as aberdeen. In April 2021, Standard Life Aberdeen changed its name to abrdn to reflect a more modern brand, with then chief executive Stephen Bird describing it as ...

Financial services chips away at gender pay gap: WGEA

KARREN VERGARA  |  TUESDAY, 4 MAR 2025
... remuneration pay gap is 19.6%. On a median basis, median total remuneration worsened from 31.6% to 38.1% year on year. Among the life insurers, MetLife has an average remuneration pay gap of 22.3%. Across the superannuation funds, AustralianSuper and ...

Outlook favourable for practice valuations: Guide

JAMIE WILLIAMSON  |  FRIDAY, 28 FEB 2025
Buyers of financial planning practices and client books are becoming more focused on profit, leading acquirers to be much more discerning when it comes to fee per client - but they should continue to trade at a premium to other small businesses. According ...

ClearView Wealth's profit bleeds 22% in HY25

MATTHEW WAI  |  FRIDAY, 28 FEB 2025
... share price tumble in November last year, which saw it tank by more than 30% overnight. Despite the unusual quarter, the life insurer noted the front end of the business continues to "drive strong momentum". "The FY26 gross premium target has been updated ...

CSC-backed fund manager to launch in Netherlands

ELIZA BAVIN  |  FRIDAY, 28 FEB 2025
... business of building, supporting and growing deeply talented and future- fit asset managers that bring innovative solutions to life. Asset managers that are market-leading, thoughtful in their value proposition, crisp in their purpose, agile in risk-management ...

Annuities' capital settings due for change: APRA

KARREN VERGARA  |  FRIDAY, 28 FEB 2025
APRA's proposal to overhaul capital requirements for annuities is touted to be the most significant change for life insurers in more than a decade. The prudential regulator said it will detail its proposed changes in the second half of 2025. "This ...

Family office CIO joins Heritvest

ELIZABETH FRY  |  THURSDAY, 27 FEB 2025
... also held 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 ...

Global active equity managers suffer their worst year in decades

ANDREW MCKEAN  |  THURSDAY, 27 FEB 2025
... noted this year's benchmark performance was driven by a small group of stocks - chiefly the 'Magnificent Seven' - making life tough for active managers in global equities. As an example, fund managers who had no exposure to Nvidia saw their performance ...

Northern Trust lands another mandate

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2025
Northern Trust has been selected to provide global custody and valuation reporting services for Generation Life. With the new remit, Northern Trust will provide support to $1.5 billion ( as of 31 January 2025 ) of Generation Life's portfolio assets ...

TAL taps ex-CBA deputy as chair

ANDREW MCKEAN  |  WEDNESDAY, 26 FEB 2025
... guide its future, for the benefit of all stakeholders," Cohen said. Annette King, meanwhile, was announced to have joined the life insurer's board last year, as an independent non-executive director. She also serves as a non-executive director at HCF ...