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Showing 891 - 900 of 6596 results for "Policy"

New relief for reissued life policies

KARREN VERGARA  |  MONDAY, 20 MAR 2023
ASIC is providing life insurers a conditional relief that will last five years in circumstances where a policy needs to be reissued. The conditional relief pertains to Design and Distribution Obligations for financial products issued before 5 October ...

UBS throws $4.8bn lifeline to Credit Suisse

CASSANDRA BALDINI  |  MONDAY, 20 MAR 2023
... facilities, through which they can obtain liquidity from the central bank in accordance with the guidelines on monetary policy instruments UBS chief executive Ralph Hamers said the acquisition will build on UBS's strengths and further enhance its ability ...

Fink warns of "slow rolling crisis"

JAMIE WILLIAMSON  |  THURSDAY, 16 MAR 2023
... one element of the "price we're paying for decades of easy money". Fink said that as a result of aggressive fiscal policy since 2008, inflation has risen to the highest levels seen since the 1980s, with the Federal Reserve responding with close to ...

The thunder is coming: BlackRock

CHLOE WALKER  |  WEDNESDAY, 15 MAR 2023
... this year, we were something like in between the lightning and thunder," Powell explained. "In 2022 we had the monetary policy lightening, and then there's that strange moment when you're in between the lightning and the thunder, and it felt like ...

CareSuper changes TPD definition, extends cover

ANDREW MCKEAN  |  TUESDAY, 14 MAR 2023
... the maximum eligibility age for death and TPD insurance cover will be extended to provide longer coverage. Under the new policy, individuals can have death cover until they reach the age of 75 and TPD cover until the age of 70. But, if an individual ...

NSW Premier promises 'future fund' for children

CHLOE WALKER  |  TUESDAY, 14 MAR 2023
... government contribution scheme if the Liberals win the upcoming state election. Premier Dominic Perrottet said that the policy, which is expected to cost $850 million over four years, is a "down-payment to secure the future dreams of our children." "We ...

CALI hires policy director from FPA

KARREN VERGARA  |  TUESDAY, 14 MAR 2023
The Council of Australian Life Insurers has welcomed the former policy head of the Financial Planning Association of Australia to its leadership ranks. Ben Marshan will join CALI on March 27 as director of policy and industry affairs, following an announcement ...

abrdn loses global chief economist

JAMIE WILLIAMSON  |  MONDAY, 13 MAR 2023
... Finance, the OECD, and was a senior economist at the Reserve Bank of Australia following a stint as Kevin Rudd's climate policy advisor leading up to the 2007 election. In a LinkedIn post, Lawson wrote: "When I left Australia in 2008 it was only supposed ...

US interest rates may go higher than expected: Powell

CASSANDRA BALDINI  |  THURSDAY, 9 MAR 2023
... go." He said restoring price stability will likely require the central bank to maintain a restrictive stance of monetary policy. "Our overarching focus is using our tools to bring inflation back down and to keep longer term inflation expectations well ...

FPA policy and advocacy lead steps down

KARREN VERGARA  |  WEDNESDAY, 8 MAR 2023
The Financial Planning Association of Australia's general manager of policy and advocacy will step down after seven years with the organisation. Ben Marshan joined the FPA in 2015 as a manager for professional standards and advocacy and moved into several ...