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Showing 41 - 50 of 202 results for "Lion"

Life insurance complaints drop 24%

KARREN VERGARA  |  WEDNESDAY, 25 OCT 2023
... them took 107 days, down from AFCA's five-year average of 114 days. Across products, income protection complaints had the lion's share of total complaints, clocking 523 complaints or 28% of the total. Some 347 policyholders complained about term life ...

Risk sector grows 4%: Research

KARREN VERGARA  |  FRIDAY, 29 SEP 2023
... the number of risk advisers fleeing the industry. The latest data from Plan For Life shows that TAL continues to hold the lion's share of the group insurance and retail market. The group insurance sector saw a 3.7% year-on-year increase in inflows, with ...

ISPT appoints risk, legal chief

ANDREW MCKEAN  |  FRIDAY, 15 SEP 2023
ISPT has added Andrew Dean to its executive leadership team as chief legal, risk, and safety officer. Dean has over 15 years' experience leading legal, risk, and safety teams in the property industry across the Asia Pacific region. In his new role ...

It's time to fill your boots with private debt

ANDREW MCKEAN  |  TUESDAY, 29 AUG 2023
A panel discussion at the AIST Superannuation Investment Conference (ASI) delved into the performance of private credit markets and highlighted nascent investment opportunities. QIC head of multi-sector private debt Phil Miall, IFM Investors executive ...

Former advisers costs CBA $1.2bn in remediation

KARREN VERGARA  |  WEDNESDAY, 9 AUG 2023
... financial results show. The total customer remediation amounted to a huge $2.6 billion in the 2023 financial year, of which the lion's share related to its historical aligned adviser network. The former aligned advisers were representative of Financial ...

Advisers lacking PII sidestep AFCA rulings

KARREN VERGARA  |  FRIDAY, 28 JUL 2023
Financial advice firms are "problematically" sidestepping compensation payments after the Australian Financial Complaints Authority (AFCA) hands down a decision, using the excuse that they do not have professional indemnity insurance (PII). Out of 5400 ...

GAM investors make partial offer

JAMIE WILLIAMSON  |  THURSDAY, 20 JUL 2023
The investor group in opposition of Liontrust Asset Management's acquisition of GAM Investments is attempting to acquire 17.5% of the latter. In May, Liontrust offered to acquire GAM Investments. Almost immediately the deal was criticised by shareholders ...

Large AFSLs lead advice complaints: AFCA

KARREN VERGARA  |  THURSDAY, 22 JUN 2023
Financial advisers from large aligned AFSL groups bear the brunt of complaints, according to the Australian Financial Complaints Authority's data, with several AMP and Insignia Financial practices leading the pack. Modelling of the AFCA data shows ...

Government pledges $2bn to fast-track social housing

ANDREW MCKEAN  |  MONDAY, 19 JUN 2023
... investment in social and affordable rental housing by a federal government in more than a decade." Of note, NSW will take the lion's share of the funding ($610 million) followed by Victoria ($496 million) and Queensland ($398 million). Meanwhile, shadow ...

IFM, ISPT explore merger options

KARREN VERGARA  |  TUESDAY, 6 JUN 2023
IFM Investors and ISPT have confirmed that a merger is potentially in the works, prompted by the request of its shareholders. The industry super fund-owned IFM Investors and ISPT said in a joint statement that: "A potential merger recognises that IFM ...