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Showing 851 - 860 of 6957 results for "Insurance"

Netwealth reports significant growth

ANDREW MCKEAN  |  WEDNESDAY, 15 FEB 2023
Netwealth has reached $62.4 billion funds under administration (FUA) and posted record earnings in its H1 FY23 results. Netwealth's FUA grew 10.2% to the prior corresponding period (pcp). The company's underlying EBTIDTA, excluding non-cash share-based ...

ASIC acts to combat financial inequality for First Nations people

ANDREW MCKEAN  |  WEDNESDAY, 15 FEB 2023
... journey towards First Nations peoples having full and effective use of banking services, with a safety net of appropriate insurance, access to superannuation and suitable credit options. Strong regulatory activities are also critical in protecting this ...

Super, advice class actions dampen CBA results

KARREN VERGARA  |  WEDNESDAY, 15 FEB 2023
... alleges that CFSIL did not act in the best interests of members and breached its trustee duties when taking out group insurance policies obtained from Colonial Mutual Life Assurance Society Limited (CMLA). It is alleged that CFSIL entered and maintained ...

Equity Trustees names super head

ANDREW MCKEAN  |  TUESDAY, 14 FEB 2023
... of experience in financial services, including leadership roles across superannuation, wealth, financial advice and insurance." "His experience has spanned operations, technology, leadership of master trusts, client delivery, transformation and change ...

Reporting season may prove dramatic: UBS

CASSANDRA BALDINI  |  TUESDAY, 14 FEB 2023
... Medibank Private -15.9%. On the other hand, stocks, where analysts see consensus earnings risk to the downside, are Insurance Australia Group -4.2%, AMP 7.1%, Australian Securities Exchange (ASX) -23.0% and QBE Insurance 4.0%. "Over the next week, another ...

Zurich wins group insurance mandate

KARREN VERGARA  |  TUESDAY, 14 FEB 2023
A $30 billion superannuation fund chose Zurich to provide group insurance for its 250,000 members. Brighter Super members will see their insurance provider change to Zurich Financial Services Australia from 1 July 2023. Zurich replaces incumbent group ...

ASIC permanently bans former advisers

CHLOE WALKER  |  TUESDAY, 14 FEB 2023
... services business, and controlling an entity that carries on a financial services business. The sole director of Sweeney Insurance Services was authorised to provide advice between November 2014 to July 2019. Subsequently he was the sole director of ...

Jameson TTB, ANZ partner to deliver housing project

CASSANDRA BALDINI  |  MONDAY, 13 FEB 2023
... set to commence this month and is expected to be completed in April 2024. Jameson is funding the National Disability Insurance Scheme (NDIS) project through its $100 million Jameson Special Situations Fund (JSSits). The fund invests in a diversified ...

Treasury releases Quality of Advice Review final report

CASSANDRA BALDINI, JAMIE WILLIAMSON  |  WEDNESDAY, 8 FEB 2023
... recommends. The final report also includes a recommendation to maintain the current commission and clawback rates on life insurance advice. Those providing this advice should obtain the client's informed consent before accepting a commission prior ...

Private equity still hot: State Street

CHLOE WALKER  |  TUESDAY, 7 FEB 2023
... Q4 of last year, surveyed 480 institutional investors, including traditional asset managers, private equity managers, insurance companies and asset owners across North America, Latin America, Europe, and Asia Pacific. Making up 10% of the total sample ...