Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 911 - 920 of 4513 results for "Cover"

Federal Court imposes $4m penalty on industry fund

CHLOE WALKER  |  TUESDAY, 18 JAN 2022
... correspondence to at least 7000 members representing that they held insurance within their superannuation where their insurance cover had lapsed. Statewide was found to have overcharged insurance premiums of at least $2.5 million to some fund members. ...

Barclays appoints managing directors

CHLOE WALKER  |  TUESDAY, 18 JAN 2022
Barclays has appointed two new managing directors of investment banking in Australia. Duncan Beattie and Duncan Connellan have been named in the roles. Beattie will lead the overall delivery of international capital markets financing for clients in ...

Citi adds to APAC leadership

CHLOE WALKER  |  TUESDAY, 18 JAN 2022
Stella Choe has been named as the new head of Citi's Global Subsidiaries Group (GSG) for Asia Pacific. Choe will replace Munir Nanji, who has taken a new role as head of the Central Europe Cluster and Citi country officer for Czech Republic. Choe will ...

Aon appoints head of wealth solutions

ELIZABETH MCARTHUR  |  THURSDAY, 13 JAN 2022
In a move to align its superannuation, wealth consulting and actuarial services businesses Aon has appointed a head of wealth solutions for Australia. Saffron Sweeney has been appointed head of wealth solutions, Australia and chief actuary for wealth ...

One million visits to YourSuper comparison tool

ELIZABETH MCARTHUR  |  FRIDAY, 7 JAN 2022
Minister for superannuation Jane Hume has lauded the government's YourSuper comparison tool as a success, with one million visits. "Australians are taking charge of their own super like never before thanks to reforms passed by the Morrison government," ...

Pension scheme, UBS divest energy companies

JAMIE WILLIAMSON  |  TUESDAY, 21 DEC 2021
... where we have not seen tangible progress, we are taking action." UBS AM has also extended its climate engagement program to cover other sectors where climate change risks and opportunities are material, including 46 companies across automobiles, chemicals ...

Proxy advice reforms force transparency, AFS licensing

KARREN VERGARA  |  MONDAY, 20 DEC 2021
... their recommendations to companies on the same day they are provided to investors. Frydenberg is also mandating AFSLs to cover a broader range of proxy adviser activities, meaning if a proxy adviser does not have such a licence, it will now be required ...

Industry responds to heatmap findings

CHLOE WALKER  |  FRIDAY, 17 DEC 2021
... cause consumers to disregard their insurance arrangements and not consider whether they can secure suitable life insurance cover should they switch funds," Briggs said. "Consumer are encouraged to seek financial advice that takes into account both their ...

FSC releases two new standards

KARREN VERGARA  |  FRIDAY, 17 DEC 2021
... unveiled Standard No. 27 Removal of Occupational Exclusions and Occupation Based Restrictive Disability Definitions in Default Cover, following a consultation period. On the back of the Your Future, Your Super reforms, the removal of such exclusions ...

MySuper heatmap offers few surprises

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
The annual MySuper heatmap shows 45% of products delivered returns below benchmark this year but there are few surprises, with most being the same products that failed the performance test. The regulator has also shared which funds came close to failing ...