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Showing 451 - 460 of 4509 results for "Cover"

Insignia Financial looks to slash redundancy entitlements

JAMIE WILLIAMSON  |  WEDNESDAY, 24 JUL 2024
... they should have been. That same day Insignia announced it would need to increase its remediation bill significantly to cover the fine as well as other remediation activities related to poor financial advice, which was identified through assessments ...

JANA wins investment consulting mandate

ANDREW MCKEAN  |  WEDNESDAY, 24 JUL 2024
... services for separately managed accounts (SMA) aggregator Wealthtrac. The mandate, effective from August 15, will initially cover 10 of Wealthtrac's existing SMAs, which are available through the Macquarie and HUB24 platforms, across three dealer groups. ...

Reconsider the home as a retirement income pillar: Actuaries Institute

ANDREW MCKEAN  |  MONDAY, 22 JUL 2024
Encouraging more Australians to access equity in their homes, combined with changes to stamp duty and the Age Pension, could give asset-rich, income-poor retirees a valuable income boost and help free up more housing for young families, according to ...

SSGA appoints local head of intermediary

KARREN VERGARA  |  TUESDAY, 16 JUL 2024
State Street Global Advisors (SSGA) has named a managing director and head of intermediary for the local business, joining from MSCI after nearly a decade. Tim Bradbury is the new leader of SSGA's intermediary distribution team and is responsible for ...

Group insurance cheaper by 25%: Rainmaker

KARREN VERGARA  |  MONDAY, 15 JUL 2024
... members ranged from $92 for a 40-year-old to up to $450 for a 60-year-old. Insurance premiums for standard death and TPD cover rose for most age groups in 2023-24, which on average increased $48 per annum or 15% for members aged 30 and over. For these ...

MetLife refreshes two products

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2024
... permanent disability (TPD). MetLife chief insurance officer Meray El-Khoury said key changes to income protection and lump sum cover that deliver better value are notable for not triggering a premium increase for existing policies. "We are always looking ...

ASIC levy to slug advisers $48.4m

KARREN VERGARA  |  TUESDAY, 9 JUL 2024
... years. Following the Hayne Royal Commission in 2019, the federal government injected an additional $400 million into ASIC to cover four years. It also expanded ASIC's powers. "However, evidence to the inquiry suggests that the increases to ASIC's resourcing ...

iExtend receives AFSL after lengthy wait

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
... the benefit if a claim is made. By doing so, it's intended that policyholders who might otherwise cancel or lapse their cover due to cost can remain insured. Its services are only available through financial advisers. The group said it has so far received ...

Aviva exits Australia, shutters fund

KARREN VERGARA  |  TUESDAY, 2 JUL 2024
Aviva Investors is shuttering its Australian office and moving operations offshore as it also terminates its strategy, the Multi-Strategy (AIMS) Target Return Fund. Aviva told investors that it has "recently made the decision to close the investment ...

Morningstar names new manager research lead

ELIZABETH FRY  |  TUESDAY, 2 JUL 2024
Morningstar Australasia has recruited a former Insignia Financial executive to lead its manager research team and its coverage of Australian and New Zealand fund managers. Matt Olsen - who joins Morningstar as director of manager research ratings for ...