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Showing 821 - 830 of 8106 results for "Total"

NEOS updates medical definitions, labels

KARREN VERGARA  |  FRIDAY, 6 DEC 2024
... deficit" changing to "Benign brain or spinal cord tumour (resulting in irreversible neurological deficit)". "Loss of hearing (total and irrecoverable)" has changed to "Loss of hearing (profound and irrecoverable)". Another change of name is for "Pulmonary ...

Permanent disablement claims for mental health explodes

ANDREW MCKEAN  |  THURSDAY, 5 DEC 2024
Total and permanent disability (TPD) claims because of mental health for Australians aged 30 to 40 increased by 732% over the past decade, according to a new report by KPMG, commissioned by the Council of Australian Life Insurers (CALI). Although the ...

Half of advice, super complaints result in no remedy

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2024
... explanation or apology only, or no remedy (43%), followed by a service-based remedy (39%) and a monetary remedy (13%). In total, 623,555 complaints resulted in a monetary remedy, collectively totalling over $375 million. ASIC said that while it does ...

Firms treat CSLR as 'insurance policy': FAAA

KARREN VERGARA  |  MONDAY, 2 DEC 2024
... example, paid just $16 million in compensation. However, Dixon Advisory victims are expected to receive nearly $400 million in total that advice firms and major companies will have to fork out. Hence, FAAA chief executive Sarah Abood is calling for more ...

Australian Retirement Trust primed for growth: Morningstar

JAMIE WILLIAMSON  |  FRIDAY, 29 NOV 2024
... have been elemental to the fund's returns, though liquidity, risk management, and valuation practices are solid. The total portfolio approach is a center of investing excellence, with expectations high for insights from the fund's new investments ...

Total super assets hit $4tn milestone

ELIZA BAVIN  |  THURSDAY, 28 NOV 2024
... quarterly MySuper statistics report for the September quarter, showing superannuation assets have passed the $4 trillion mark. Total superannuation assets increased by 3.7% over the quarter to reach $4.1 trillion as at September 2024, of which $2.8 trillion ...

Illegal investment scheme operator to pay $1.25m

ELIZA BAVIN  |  THURSDAY, 28 NOV 2024
The Federal Court has ordered Sasha Hopkins to pay $1.25 million and be disqualified for four years, in proceedings brought by ASIC. The court also ordered that The A Team Property Group, five of the investment schemes and associated companies be wound ...

AustralianSuper expands international equities team

MATTHEW WAI  |  THURSDAY, 28 NOV 2024
... management appointments to its international equities leadership team. About one third, or $110 billion, of AustralianSuper's total assets is invested in international equities. Presently, about 30% of this is managed in-house, but the fund wants to ...

Hostplus ups fees, makes $125m investment

ELIZA BAVIN  |  WEDNESDAY, 27 NOV 2024
... investment to the IP Group Hostplus Innovation Fund. Hostplus added to its existing $310 million investment to bring its total commitment to $435 million, backing companies like green hydrogen pathfinder Hysata, chronic lung disease therapy biotech RAGE ...

Macquarie fined $25m over 400 fake trades

MATTHEW WAI  |  WEDNESDAY, 27 NOV 2024
The UK's Financial Conduct Authority (FCA) has fined Macquarie Bank's London Branch (MBL) $25 million (£13m) for enabling one of its employees to record over 400 fictitious trades over a 20-month period. The fictitious trades also cost MBL an estimated ...