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Showing 951 - 960 of 7327 results for "Life"

Westpac closes Specialist Businesses Division

JAMIE WILLIAMSON  |  THURSDAY, 20 JUL 2023
... Westpac deemed to lack sufficient scale, being platforms, superannuation and retirement products, investments, general and life insurance, auto finance, and Westpac Pacific. Jason Yetton was appointed to lead the review of each business and, in the three ...

AMP's largest super option yields 9.1% return

ANDREW MCKEAN  |  WEDNESDAY, 19 JUL 2023
AMP has delivered a return of 9.1% for members of its biggest superannuation product. The AMP MySuper 1970s investment option returned 9.1% for the financial year ending 30 June 2023. The lifecycle superannuation option, which uses a balanced growth ...

ASIC slaps interim stop order on ClearView

KARREN VERGARA  |  WEDNESDAY, 19 JUL 2023
ClearView has copped an interim stop order on two of its life insurance products after ASIC found deficiencies in its Target Market Determination (TMD). The interim stop order applies to Clearview Life's ClearChoice Income Protection Cover and Accidental ...

Advisers' experience stands at 14.5 years

KARREN VERGARA  |  WEDNESDAY, 19 JUL 2023
Financial advisers have 14.5 years of professional advice experience on a median basis, but very few have more than 20, a Rainmaker analysis shows. Rainmaker's June 2023 Financial adviser report based on ASIC's Financial Adviser Register found that ...

TelstraSuper MySuper delivers 9.34%

KARREN VERGARA  |  TUESDAY, 18 JUL 2023
Buoyed by the local and global share markets and defying periods of volatility, TelstraSuper's MySuper Balanced option delivered 9.34% in the 2023 financial year. Chief investment officer Graeme Miller said the last financial year provides another example ...

Super framework ideal for advice: Jones

KARREN VERGARA  |  MONDAY, 17 JUL 2023
... breakfast this morning, Jones clarified that superannuation funds will be able to offer advice at every stage of a member's life, shooting down assumptions that his proposed changes, based on the Quality of Review recommendations, will strictly apply ...

ClearView strengthens leadership team

KARREN VERGARA  |  MONDAY, 17 JUL 2023
... Nick Kulikov assumes the position of group executive for product and pricing, stepping up from his previous role as head of life insurance product and pricing, which he held since 2021. Kulikov's responsibilities will expand to include data and analytics ...

Leigh Watson caps four decades in industry

ELIZABETH FRY  |  FRIDAY, 14 JUL 2023
... full-time work and spend more time with family and friends. Watson left Swiss Re on June 30 after nine years as the head of life & health reinsurance for Australia & New Zealand. Before that, he worked at National Australia Bank as executive general ...

FY23 farewells 700 advisers

KARREN VERGARA  |  FRIDAY, 14 JUL 2023
Financial advice firms AMP Financial Planning, Synchron, and Charter farewelled the largest number of advisers, dragging down the total population to 15,708 from 16,415 at the end of the 2023 financial year. Rainmaker analysis of ASIC's Financial Adviser ...

CBA staff head to Fair Work over WFH policy

JAMIE WILLIAMSON  |  THURSDAY, 13 JUL 2023
... increases that were below the rate of inflation. It is also calling for a trial 30-hour work week, an additional 22.8 hours of 'Life Leave' and the introduction of a Tea Break Penalty in which where a tea break cannot be taken the employee would be entitled ...