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Showing 61 - 70 of 885 results for "GRI"

Industry fund insurance bungle adds fuel to mounting outrage

ANDREW MCKEAN  |  THURSDAY, 13 FEB 2025
Rest is the latest fund to botch its handling of insurance - this time for incorrectly charging uninsured members for coverage - adding to a growing pile of industry failures. Rest's mishandling comes as other major superannuation funds have been caught ...

Australian super assets set to become second largest globally: WTW

KARREN VERGARA  |  TUESDAY, 11 FEB 2025
Australia's superannuation assets have jumped 500% over the last 20 years and are on track to become the second-largest pension market globally by 2030, the WTW's Thinking Ahead Institute predicts. Australia's superannuation assets reached more than ...

MLC Life names chief risk officer

JAMIE WILLIAMSON  |  MONDAY, 10 FEB 2025
Melissa Ammon is taking over as MLC Life Insurance's chief risk officer on a permanent basis. Ammon has been acting in the role since September 2024 when Jane McGovern was appointed chief customer and strategy officer. She first joined MLC Life in 2024 ...

Depreciating Aussie dollar could prove opportunistic

MATTHEW WAI  |  FRIDAY, 24 JAN 2025
Despite a turbulent reporting season ahead due to the depreciating Australian currency, Maple-Brown Abbott co-portfolio manager Matt Griffin has highlighted some of the sectors that stand to benefit. Over the last quarter the Australian dollar is down ...

Trump's response to global conflict adds uncertainty to private markets: IFM

ANDREW MCKEAN  |  TUESDAY, 14 JAN 2025
How the Trump administration handles geopolitical conflicts, including the Russia-Ukraine war and Israeli-Palestinian conflict, will inject uncertainty to private markets, according to IFM Investors' Private Markets Macro Outlook. IFM Investors chief ...

New tool will streamline regulation: Chalmers

ELIZA BAVIN  |  FRIDAY, 20 DEC 2024
The government has released a new tool with the aim to streamline and coordinate regulation in the financial sector. Treasurer Jim Chalmers said the tool will help build a more competitive, dynamic and productive economy. "We want to make it simpler ...

Productivity Commission tasked with five new inquiries

ELIZA BAVIN  |  MONDAY, 16 DEC 2024
The Productivity Commission has been tasked with five new inquiries focused on identifying ways to materially boost Australia's productivity. Treasurer Jim Chalmers said the aim of the inquiries is to lift incomes, standards of living and create more ...

Three universities ditch financial planning courses

KARREN VERGARA  |  FRIDAY, 13 DEC 2024
Three major universities have pulled the plug on their financial planning courses due to the lack of student interest in a major blow for the profession as it struggles to attract new entrants. The University of Wollongong, Queensland University of ...

Platinum exec pay hit with second strike

KARREN VERGARA  |  WEDNESDAY, 13 NOV 2024
Platinum Asset Management suffered its second consecutive strike against its remuneration report but managed to avoid a board spill. Yesterday, 73% of shareholders overwhelmingly voted against adopting the remuneration report at the annual general meeting ...

ASIC sues Cbus over insurance claim delays: 'We're sorry'

ELIZA BAVIN  |  TUESDAY, 12 NOV 2024
ASIC has launched legal proceedings against Cbus over delays in the processing of insurance claims made by members. Court documents were filed by ASIC in the Federal Court today, alleging members were impacted by delays to death and TPD claims processing ...