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| | | ... to provide a greater number of services to a larger percentage of their clients in areas such as tax, retirement and insurance planning. Commenting on these findings, Dimensional Australia client group co-head Nathan Krieger said: "Part of the success ... |
| | | | ... regulatory and legislative arbitrage. Contrastingly, APRA has the authority to supervise institutions across banking, insurance and super. Unlike the US, fiduciary duty is also regulated at the provider level. "Australian service providers and regulators ... |
| | | | Berkshire Hathaway has renewed its whole of account quota share (WAQS) agreement with Insurance Australia Group (IAG) but ceased its strategic relationship and equity ownership. The renewed terms with National Indemnity Company (NICO), a subsidiary ... |
| | | | The Financial Services Council (FSC) has released an enforceable standard for handling group life insurance claims in superannuation. The FSC's new standard replaces existing voluntary guidance and sets a minimum level of service that consumers can ... |
| | | | There may well be a light at the end of the individual disability income insurance (IDII) tunnel, but there's still a way to travel before the end is reached, according to APRA. Analysis of data to September 2022 shows IDII enjoyed a run of favourable ... |
| | | | ... found that Sherwal failed to act in his client's best interests in advising them to place new superannuation funded insurance as part of their participation in a cash rebate procedure. It also found that Sherwal failed to prioritise his client's interests ... |
| | | | ... million settlement in a class action relating to the bank's subsidiaries, BT Funds Management Limited and Westpac Life Insurance Services Limited. Tens of thousands of Australians may receive compensation following the settlement, which is subject ... |
| | | | ... members. BT members also have access to Mercer's wider investment menu and will be able to retain their existing insurance arrangements. 5. ACSRF, UniSuper confirm merger Earlier in the year, Australian Catholic Superannuation and Retirement Fund ... |
| | | | ... Australia, women earned on average 19% less than men in average weekly ordinary full-time earnings across the financial and insurance services workforce in the year to May 2022. While the gender pay gap is not a measure of pay equity, the report said ... |
| | | | ... milestones," Langby and Sherry added. Further, there won't be changes to any aspect of member funds, investments or insurance as a result of the funds singing this MoU. Yesterday, as reported by Financial Standard, according to APRA heatmap data ... |
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