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Showing 721 - 730 of 4511 results for "Cover"

Increased scrutiny on private credit

CHLOE WALKER  |  WEDNESDAY, 14 DEC 2022
The lending market maintains a cautionary tone amidst inflation and interest rate rises, according to Hamilton Lane head of global investment strategy and co-head of investments Drew Schardt. "Over the past couple of years, in the lead-up to the onset ...

PPS Mutual unveils new income protection product

CASSANDRA BALDINI  |  TUESDAY, 13 DEC 2022
... product while bolstering its existing offering. The life insurer's new product, IP Prime 70, will allow professionals to cover up to 70% of their income, depending on their income level. The latest addition to PPS Mutual's Professionals Choice ...

Global pension report reveals flight to safety

ELIZABETH FRY  |  FRIDAY, 9 DEC 2022
As is typical in volatile and uncertain times, a flight to safety is apparent. Global public funds will be net sellers of public equity and some higher-yielding fixed-income assets. They will retreat to safe-haven currencies, with dollar holdings rising ...

CBA increases Countplus indemnity to $520m

ANDREW MCKEAN  |  THURSDAY, 8 DEC 2022
... of indemnity provided to Countplus, from $300 million to $520 million. CBA said the purpose of the increased limit was to cover certain remediation activities that were identified at the time of sale and up to four years post sale. "The estimates of ...

ASIC suspends, cancels AFSLs

CHLOE WALKER  |  WEDNESDAY, 7 DEC 2022
The corporate regulator suspended Quantum Funds Management Limited (QFML)'s AFSL and cancelled that of AFSL Group. The suspension of QFML follows the ban of its managing director Peter Gribble for failing to pay $2.5 million in Australian Financial ...

TV personality to lead Stafford Capital distribution

JAMIE WILLIAMSON  |  TUESDAY, 6 DEC 2022
Stafford Capital Partners will expand its capabilities in Australia with the appointment of a lead distribution executive, who is set to leave behind a high-profile journalism career. ABC TV business journalist Elysse Morgan is joining the Stafford ...

AMG Super to take on fledgling super product

JAMIE WILLIAMSON  |  TUESDAY, 6 DEC 2022
... $50,000, their annual admin fees will drop from $147 to about $135. There will be no change to investments or insurance cover, Raiz Invest said. In transferring the product, Diversa will hand Raiz Invest Super over to Equity Trustees Superannuation ...

Delayed reforms put pensioners at risk: OECD

ANDREW MCKEAN  |  MONDAY, 5 DEC 2022
The OECD Pensions Outlook 2022 says that continuing with reforms to asset-backed pension arrangements is essential to improving retirement outcomes and the sustainability of retirement incomes, thereby building more inclusive pension systems. While ...

Crescent Wealth responds to PDS error criticism

ANDREW MCKEAN  |  THURSDAY, 1 DEC 2022
Crescent Wealth has responded to a significant event notice that said the fund's estimated costs weren't calculated or disclosed correctly, calling the coverage of its errors "misrepresented." Equity Trustees, the trustee of Crescent Wealth ...

Chief responsibility officer joins Janus Henderson

RACHEL ALEMBAKIS  |  THURSDAY, 1 DEC 2022
Janus Henderson Group has hired Michelle Dunstan as chief responsibility officer. Dunstan will join the global fund manager in early January and will be responsible for overseeing Janus Henderson's corporate responsibility and responsible investing ...