Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 611 - 620 of 4513 results for "Cover"

AustralianSuper sued over multiple accounts

JAMIE WILLIAMSON  |  FRIDAY, 8 SEP 2023
... $50,000 worse off in retirement. "AustralianSuper regrets that its processes to identify and combine multiple accounts did not cover all instances of multiple member accounts. This should not have happened, and we apologise unreservedly to members," ...

CALI launches scholarship to boost female risk advisers

CASSANDRA BALDINI  |  THURSDAY, 7 SEP 2023
... explained risk specialists play an important role in helping people understand their life insurance needs, secure adequate cover and, at claim time, get benefits paid. "Women have traditionally been under-represented in financial services but that is ...

Madison acquisitions strengthen top line

KARREN VERGARA  |  THURSDAY, 31 AUG 2023
Madison Financial Group's acquisition of three businesses in the 2023 financial year drove a 12% increase in revenue to $15.4 million. MTIS Wealth Management, Investment Strategists Accounting Services and Ralton Asset Management helped boost the ...

Barings expands APAC team

CHLOE WALKER  |  TUESDAY, 29 AUG 2023
The global investment manager has appointed Aaron Thirukumar and Sabrina Kwek to the position of director for institutional sales and senior director for wealth distribution, respectively. In their new roles, Thirukumar and Kwek will be responsible ...

ASFA, Super Consumers Australia revise retirement standards

CHLOE WALKER  |  MONDAY, 28 AUG 2023
... balanced fund, you would have seen your balances grow by about 9% over the last year, helping to make up this shortfall and cover the increased cost of living." Retired renters have higher levels of poverty and financial stress than homeowners, it added. ...

SG Hiscock partners with US fund manager

KARREN VERGARA  |  WEDNESDAY, 23 AUG 2023
SG Hiscock & Company has joined forces with a US fund manager to offer its global small cap strategy in Australia. The partnership with EAM Global Investors means SG Hiscock will have exclusive rights to distribute the strategy to local investors. San ...

Munich Re targets AMP over alleged reinsurance misconduct

ANDREW MCKEAN  |  WEDNESDAY, 23 AUG 2023
... $750 million of annual premium income. Building on the initial agreement with Munich Re, AMP extended its collaboration to cover 60% of the AMP Life retail portfolio in 2017. This enabled AMP to release around $500 million in capital from its wealth ...

Westpac reports $1.8bn net profit, rise in stressed assets

ANDREW MCKEAN  |  MONDAY, 21 AUG 2023
Westpac has posted a net profit of $1.8 billion for 3Q23, driven by steady operating revenue and disciplined margin management. Despite inflationary headwinds which led to a rise in expenses by approximately 5% for the second half of 2023 compared to ...

Frontier adds two consultants

ELIZABETH FRY  |  FRIDAY, 18 AUG 2023
Frontier Advisors has added two new consultants to its real assets and defensive assets and private markets teams. Daniel Cave comes on board as a senior consultant and will focus on infrastructure and broader real assets research and client responsibilities. ...

Super funds prime distributor of death, TPD cover

CHLOE WALKER  |  TUESDAY, 15 AUG 2023
... fund group insurance means it is the overwhelmingly most important channel for how Australians get death and TPD insurance cover," Rainmaker said. Notwithstanding the super fund pandemic affect, if long-run trends continue, Rainmaker projects that by ...