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| | | ... he was general manager at Challenger and was responsible for the company's underlying growth strategy in the annuities and life business units, which included its group portfolio and mergers and acquisitions strategy. "The appointment of a global head ... |
| | | | ... New South Wales by Munich Re in April 2023. Central to the proceedings is the manner in which both Munich Re and Resolution Life Australasia (formerly AMP Life and also named as a defendant) entered into certain reinsurance agreements in 2016 and 2017. ... |
| | | | ... Standard 's editorial vetting screen are included in the final list. This year the FS Power50 is sponsored by Generation Life, AXA Investment Managers, Balmain and Praemium. Voting closes on September 15. CLICK HERE to view the full list of finalists ... |
| | | | The tech company has developed the first cloud-native, low-code policy administration system (PAS) for the life insurance sector. The regulator-approved solution aims to meet the exacting needs of the insurance sector and can be custom-designed for ... |
| | | | TelstraSuper is extending the length of time its members are invested in growth assets and introducing a new aged-based moderate investment option for those aged between 65 and 70. Come October, members will shift out of the fund's MySuper Growth option ... |
| | | | ... said it's poised to further expand its market share, which has already grown to 6.7% as of March 2023, as per a Plan for Life analysis of wrap, platform, and master trust. Netwealth chief executive and managing director Matt Heine said: "We are excited ... |
| | | | MLC Life Insurance has assisted the launch of Risk Hub, a new support platform designed to help advisers excel in risk advice. Risk Hub was officially launched this month by founder and former Zurich Financial Services head of digital Marc Fabris. It ... |
| | | | Challenger Life reaped the benefits of regulatory reforms in the 2023 financial year and a greying population as retail and institutional investors alike increasingly turn to retirement income products. Annuity sales stemming from the domestic retail ... |
| | | | ... of the market. Conversely, super funds could hold one-third, or 55%. "Super funds being Australia's primary death and TPD life insurance distributor prompts the question as to why directly sold insurance has such a small market share," Rainmaker said. ... |
| | | | ... indicated that more than five million baby boomers face the prospect of inadequate superannuation balances due to increasing life expectancies. The median household superannuation balance at retirement is under $200,000. Yet, Household Capital also deemed ... |
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