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Showing 501 - 510 of 10444 results for "LIF"

WAM takes over PIA board, vows to lift underperformance

KARREN VERGARA  |  WEDNESDAY, 22 OCT 2025
Wilson Asset Management (WAM) has successfully taken over the board of the Pengana International Equities (PIA) LIC in the hope of overhauling its investment strategy amid continued underperformance. WAM's Geoff Wilson and Jesse Hamilton, and Richard ...

First Guardian shaves $286m off Praemium FUA

MATTHEW WAI  |  TUESDAY, 21 OCT 2025
Praemium has calculated the impact of its exposure to the First Guardian collapse, reducing its total funds under administration (FUA) by close to $300 million. Praemium reduced its FUA by $286 million in relation to First Guardian holdings in the September ...

Acenda confirms leadership team

MATTHEW WAI  |  TUESDAY, 21 OCT 2025
Acenda Group has assembled its leadership team, to be effective upon completion of the merger between MLC Life and Resolution Life Australasia at the end of the month. Sean McCormack has been appointed group chief commercial officer. He will oversee ...

Public feedback welcomed for Life Code improvements

MATTHEW WAI  |  MONDAY, 20 OCT 2025
The independent review of the Life Insurance Code of Practice (Life Code) has released a consultation paper, setting out key questions to stakeholders and the public on how the Life Code can improve consumer benefits and insurers' conduct. The review ...

Federal Court dismisses Freedom Insurance staff allegations

KARREN VERGARA  |  FRIDAY, 17 OCT 2025
The Federal Court has dismissed ASIC's claims that a former Freedom Insurance director and staff member were engaged in shocking and harmful sales tactics. Judge Goodman did not accept ASIC's claims that former director Keith Cohen and quality ...

iExtend hires national BDM

ELIZABETH FRY  |  THURSDAY, 16 OCT 2025
iExtend has expanded its distribution team by appointing a national business development specialist, hiring from Resolution Life. In the newly created role, David Sutjipto will work closely with financial advisers to enhance the client experience and ...

Early release of super for dental, IVF spikes in FY25

JAMIE WILLIAMSON  |  THURSDAY, 16 OCT 2025
The amount being taken from superannuation accounts to pay for dental and IVF treatments increased significantly in the year to June 30. Fresh data released by the Australian Taxation Office (ATO) today shows another spike in Aussies applying for early ...

BUSSQ streamlines product offering

JAMIE WILLIAMSON  |  THURSDAY, 16 OCT 2025
The $7.4 billion industry super fund has consolidated its accumulation products into one as part of a multi-year simplification strategy. BUSSQ has historically had two accumulation phase products for members in BUSSQ MySuper and Premium Choice. The ...

AMP platform flows jump 61.6%

RIDDHIMA TALWANI  |  THURSDAY, 16 OCT 2025
AMP has reported a rise of 61.6% in its platform net cashflows to $1.2 billion, up from $750 million last year. Platform assets under management also increased to $86.9 billion in the quarter. "In Platforms, the strength of the North proposition continues ...

APRA lifts final Westpac capital add-on

KARREN VERGARA  |  WEDNESDAY, 15 OCT 2025
APRA has lifted Westpac's remaining $500 million capital add-on after the bank completed its multi-year risk transformation program spurred by several breaches and misconduct. APRA slapped the first $500 million capital add-on in July 2019 as a ...