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Showing 771 - 780 of 7321 results for "Life"

Financial services 300x more likely to get hacked: Expert

CHLOE WALKER  |  FRIDAY, 23 FEB 2024
When it comes to cyber-attacks on financial services businesses, Cyber Collective founder Fraser Jack says it's not a matter of 'if' but 'when'. Addressing day three of the SMSF Association National Conference this morning, Cyber Collective founder ...

New life insurance regulations rolled out

ANDREW MCKEAN  |  WEDNESDAY, 21 FEB 2024
Assistant treasurer and minister for financial services Stephen Jones has issued life insurance regulations that aim to modernise the legislative framework. The Life Insurance Regulations 2024 establishes a threshold for annuities, dictating that the ...

Aussies do not underspend in retirement, say super funds

JAMIE WILLIAMSON  |  WEDNESDAY, 21 FEB 2024
... required, even excluding lump sum withdrawals. Meanwhile, 90% of men and 80% of women have no super left when they reach their life expectancy age, and more than 40% are retiring with mortgage debt - 33% of which, if a coupled household, would exhaust ...

Platforms ramp up innovation, back-end efficiencies

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
Platform providers' ability to innovate and improve administrative efficiencies are enabling financial advisers to digitally self-serve and improve client outcomes, according to SuitabilityHub. The 2024 platform market wrap found that the move to digital ...

AIA adds to C-suite lineup

CHLOE WALKER  |  WEDNESDAY, 14 FEB 2024
Susan Turner will become the new chief financial officer of life insurer AIA, while Anna Livingston has been named chief people and culture officer. Turner boasts over 20 years of experience in senior finance leadership roles, most recently serving ...

New chair for iExtend

CHLOE WALKER  |  WEDNESDAY, 14 FEB 2024
The founder of The Sentient Group and AMP's private capital business has been appointed chair of life insurer iExtend. Peter Cassidy is taking on the role. Cassidy established AMP's private capital business in 1993, managing investment funds across ...

Challenger overhauls IT, awards mandate

KARREN VERGARA  |  TUESDAY, 13 FEB 2024
... transformation involves replacing Challenger Life's core annuity registry with global insurance system ALIP (Accenture Life Insurance and Annuity Platform) and providing new customer portals. The partnership is due to commence in FY25. Challenger ...

AustralianSuper calls for an 'account for life'

ANDREW MCKEAN  |  MONDAY, 12 FEB 2024
AustralianSuper has urged for an 'account for life' superannuation reform to Treasury, in a bid to deliver a visionary retirement system. The super fund also advocated for the automation of Age Pension applications, a move that would enable an integration ...

Advice reforms can solve retirement income challenges

KARREN VERGARA  |  FRIDAY, 9 FEB 2024
Opening up superannuation funds to more comprehensive financial advice could help solve some of the retirement income challenges Australians face, according to the Actuaries Institute. In its submission to the Retirement Phase of Superannuation consultation ...

Vale Jason Milosevski

JAMIE WILLIAMSON  |  TUESDAY, 6 FEB 2024
... explaining the important role income protection cover was playing for him and his family during this time, and that trauma and life cover would thereafter, Pillemer said. Pillemer described Milosevski as the "gold standard" who enriched the lives of ...