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Showing 71 - 80 of 433 results for %22St Andrew%27s Insurance%22

Former Statewide Super executives charged

ANDREW MCKEAN  |  MONDAY, 12 DEC 2022
... this year, Statewide Super found itself in hot water for providing members with misleading information regarding their insurance and failing to report the issue to ASIC in the time required. The Federal Court imposed a $3.5 million penalty for the misleading ...

Household Capital acquires Pension Boost

ANDREW MCKEAN  |  MONDAY, 5 DEC 2022
... pillar of retirement funding." Earlier this year, Household Capital also partnered with Genworth Financial Mortgage Insurance. Genworth took a 22% stake in Household Capital, concluding a $37.6 million series C capital raise. It joined as an investor ...

DASS clients pushed to accept paltry recoupment

ANDREW MCKEAN  |  FRIDAY, 2 DEC 2022
... "The structure of the proposed deed is likely to deliver a better outcome to creditors in terms of access to potential insurance proceeds than a liquidation scenario," the administrators said. The average investor claim is $79,880 which means that the ...

Insignia revamps wrap platform

ANDREW MCKEAN  |  MONDAY, 14 NOV 2022
... investments; most of the listed investments in the S&P All Ordinaries Index, plus several NAB term deposits. MLC Life Insurance has been added to the retail insurance offer for super clients, to complement the existing panel of AIA, TAL, and Zurich. ...

Stapling's consequences must be addressed: Cbus

ANDREW MCKEAN  |  MONDAY, 14 NOV 2022
... through stapling, those entering hazardous occupations are offered no information about the risk of working without insurance, or warning that their existing fund's cover is unsuitable or non-existent. "Following the YFYS stapling reforms, Cbus coordinators ...

CareSuper flags merger with Spirit Super

ANDREW MCKEAN  |  WEDNESDAY, 9 NOV 2022
CareSuper and Spirit Super have entered a preliminary non-binding Memorandum of Understanding (MoU) to explore a possible merger. Under the proposed deal, CareSuper and Spirit Super would combine to create a fund with over 500,000 members, and over ...

BlackRock expands proxy voting to retail investors

ANDREW MCKEAN  |  FRIDAY, 4 NOV 2022
... part, allowed us to offer voting choice only to certain institutional investors like pension plans, endowments, and insurance companies," Fink said. "My hope is that in the future, every investor - ultimately including individual investors - has access ...

ClearView abandons potential takeover transactions

ANDREW MCKEAN  |  WEDNESDAY, 2 NOV 2022
... underlying NPAT in FY23 in the range of $28.5 million to $30 million. "The business environment of the overall life insurance industry continues to show signs of improvement and ClearView remains well placed to benefit from this improvement, including ...

Hostplus hands Bell Asset Management $500m mandate

ANDREW MCKEAN  |  MONDAY, 31 OCT 2022
... US$1.25 billion in assets, following an inaugural raise that included a $500 million anchor commitment from Apollo's insurance balance sheets and Hostplus.

T. Rowe Price appoints head of APAC distribution

ANDREW MCKEAN  |  THURSDAY, 27 OCT 2022
... Kong and Singapore. T. Rowe Price said Lee will deepen the firm's partnerships with private banks, retail banks and insurance companies. Also, Sae Joon Choi was named head of Southeast Asia and Korea institutional distribution and George Chow was named ...