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Showing 661 - 670 of 4509 results for "Cover"

Betashares previews NZ PIE fund offering

CHLOE WALKER  |  MONDAY, 22 MAY 2023
New Zealand investors will soon have access to five new PIE funds from Betashares, covering global and Australian equities as well as fixed income. The new products are based on some of the most popular investment methodologies in Betashares' Australian ...

Poor policy administration sees MLC Life pay $22m

JAMIE WILLIAMSON  |  FRIDAY, 19 MAY 2023
... Act, and the Insurance Contracts Act between November 2015 and October 2018. At the time, MLC provided income protection cover through policies that contained a term under which the insurer promised to pay a 'Rehabilitation Bonus Benefit' where eligible. ...

Australia lags in global fund disclosure: Morningstar

ANDREW MCKEAN  |  THURSDAY, 18 MAY 2023
... volatile asset or a relatively stable interest rate?" it said. "The regulations call for a semi-annual disclosure and don't cover managed funds themselves. Unless the fund is a related party to an Australian registrable superannuation entity and ...

AEP, GSFM launch Australian film fund

CHLOE WALKER  |  MONDAY, 15 MAY 2023
GSFM is partnering with Australian Entertainment Partners to bring to market a unique vehicle investing in the local film and television industry. The AEP Screen Fund will invest in film and television projects made in Australia, structured so that ...

HCF Life under ASIC surveillance

CASSANDRA BALDINI  |  FRIDAY, 12 MAY 2023
The regulator has started civil proceedings in the Federal Court against the insurer after alleging it issued three types of insurance policies containing unfair and misleading contract terms. ASIC said the case involves standard form contracts issued ...

Family offices maintain a steady course: Goldman Sachs

CHLOE WALKER  |  WEDNESDAY, 10 MAY 2023
... 34% are currently overweight in healthcare. "Anecdotally, we find that family offices maintain cash balances sufficient to cover capital calls relating to their illiquid investments, while taking into account any potential drag on returns of their alternatives ...

Australian Retirement Trust reduces fees, ups premiums

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2023
... members, standard death and TPD Assist premiums will increase an average of 26.6%. Those with optional income protection cover will see an increase of 15.1%. For female members, death and TPD premiums will rise by an average 28.2%, and those with income ...

AustralianSuper hires investment lead in Europe

ELIZABETH FRY  |  FRIDAY, 5 MAY 2023
AustralianSuper's head of allocation and research is the latest executive to relocate to the asset owner's burgeoning London office. After eight years working at the $250 billion super fund, Carl Astorri has been appointed head of investments ...

HESTA revamps insurance offering

JAMIE WILLIAMSON  |  THURSDAY, 4 MAY 2023
... offering. Firstly, fees paid by some members will change, with HESTA saying it believes over 50% of those with standard cover - to be termed 'default cover - will see a reduction. This is because the way in which the fees are charged will change. From ...

JPMorgan acquires First Republic Bank

CASSANDRA BALDINI  |  TUESDAY, 2 MAY 2023
The embattled bank was closed by US regulators and sold to JPMorgan Chase, which will assume all its deposits and most of its assets. Californian authorities, alongside the Federal Deposit Insurance Corporation (FDIC), closed the doors to First Republic ...