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Showing 781 - 790 of 1726 results for "Provisio"

Industry fund cuts life premiums, renews insurer

KARREN VERGARA  |  FRIDAY, 19 JAN 2018
An $11 billion industry superannuation is reducing its life and total and permanent disability (TPD) insurance premiums for younger members by as much as 50%. MTAA Super recently renewed its long-standing partnership with MetLife to June 2020. The pair ...

HLB Mann Judd revises AFSL

JAMIE WILLIAMSON  |  THURSDAY, 18 JAN 2018
A division of financial services firm HLB Mann Judd can no longer provide independent expert advice under an agreement with ASIC. The corporate regulator has accepted a voluntary variation of the AFSL held by HLB Mann Judd Melbourne's corporate finance ...

Mercer increases Japanese footprint via acquisition

JAMIE WILLIAMSON  |  WEDNESDAY, 17 JAN 2018
Mercer is expanding its reach in the Japanese asset management market, acquiring a $7.4 million multi-manager. Mercer has entered an agreement to purchase BFC Asset Management, an independently-owned firm focused on providing alternative investment ...

SMSF members want overseas restrictions lifted

DARREN SNYDER  |  TUESDAY, 16 JAN 2018
Australians temporarily living overseas are compelled to switch their self-managed superannuation to an APRA-regulated fund and this becomes a costly and cumbersome exercise. The SMSF Association is calling on the Federal Government to lift these restrictions. ...

Offshore investment vehicles await passport arrival

KARREN VERGARA  |  TUESDAY, 16 JAN 2018
The Federal Government is close to re-drafting legislation to allow offshore investment vehicles to operate in and from Australia as early as June, Revenue and Financial Services Minister Kelly O'Dwyer says. The long-awaited Asia Region Funds Passport ...

Bravura scores platform deal

KARREN VERGARA  |  THURSDAY, 11 JAN 2018
Bravura Solutions won an administration platform mandate from an Australian investment and life insurance company. Garradin, Bravura's investment management and portfolio administration platform will support the Foresters Friendly Society's funeral ...

RARE partners with WaterAid

EMMA RAPAPORT  |  THURSDAY, 11 JAN 2018
Global listed infrastructure fund manager RARE Infrastructure is continuing its partnership with international non-profit organisation WaterAid by funding the development of infrastructure projects in East Timor. The project will provide tanks, water ...

Life insurance inflows stable: Research

KARREN VERGARA  |  MONDAY, 8 JAN 2018
The life insurance market grew 2.4% to $16.2 billion in the year to September, latest statistics from Strategic Insight show. The group insurance segment however, recorded minimal growth, up 1.8% year-on-year to $6.3 billion, with MetLife (14.1%), TAL ...

ASIC takes further action against MyPlanner

JAMIE WILLIAMSON  |  WEDNESDAY, 20 DEC 2017
Following on from ASIC's recent action against privately-owned MyPlanner, one of the dealer group's advisers has now agreed to refrain from providing financial services. The regulator has accepted an enforceable undertaking from James Fraser as a result ...

Fee-for-service faces ultimate risk test

DARREN SNYDER  |  TUESDAY, 19 DEC 2017
Rollout of the Life Insurance Framework (LIF) on 1 January 2018 will be the strongest test of fee-for-service risk advice, a model seen as imperative to the financial advice industry's future. Industry experts say the critical component to make fee-for-service ...