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| | | ... with our commitment to delivering strong, risk-aware outcomes for our members," Armitage added. CFS recently tapped JPMAM to help launch its first private equity offering. JPMAM's Private Equity Group (PEG), which manages US$35 billion in for global ... |
| | | | Acenda has launched a new insurance benefit, Total Permanent Disability (TPD) Severity, in response to a significant surge in claims, particularly for mental health and musculoskeletal conditions. According to the life insurer, there was a 166% increase ... |
| | | | ... says the $198.6 billion fund wants to scale how it can make digital advice meaningful and work across the full spectrum of help. Some 158,000 members have interacted with the fund to educate themselves in some way, shape or form. More than 3000 have ... |
| | | | ... between UK and Australian officials, including discussions on open finance and sustainable finance. These conversations will help share expertise from the UK and Australia on topics such as fund labels for sustainable investment products, climate-related ... |
| | | | ... received to the collapse of Shield and First Guardian. AFCA said the decision comes under exceptional circumstances and will help consumers to lodge a complaint where they're concerned about the advice received from UGC. The decision by AFCA comes after ... |
| | | | ... level of cover applied for exceeds certain thresholds. However, a 2023 Monash University report found this did little to help, with confusion in the industry as to how the Moratorium actually operated. It will be up to ASIC to oversee the ban, contravention ... |
| | | | Grattan Institute has recommended changes to help simplify the superannuation system, including pushing for retirees to place 80% of their super balance into an annuity, possibly offered by the government itself. In its submission to the Treasury consultation ... |
| | | | Last night at the 24 th Annual Hedge Funds Rock fundraising dinner, the Alternative Future Foundation (AFF) announced the winners of its Australian Alternative Investment Awards for 2025. In addition to 11 categories, the awards also recognise a Fund ... |
| | | | ... improvement is needed." Lofthouse said the ASX was focussed on creating contingency arrangements for CHESS, which she said should help address concerns over operational risk. "We have already completed several key items, such as fixing code and increasing ... |
| | | | ... outcome and appreciate that it will place pressure on the other super funds to take similar action. "This intervention will help to restore confidence in the Australian super system and financial services more broadly." About $160 million of what was ... |
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