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Showing 971 - 980 of 7325 results for "Life"

FSCP hands down second order, audits adviser

KARREN VERGARA  |  WEDNESDAY, 28 JUN 2023
... that a client move to a new superannuation fund after being cold called to do so. Mr. M failed to consider the client's life, TPD and income protection policy in the prior super fund when recommending the switch in the SoA. Furthermore, Mr. M recommended ...

More pension funds, insurers impacted by MOVEit mass-hack

JAMIE WILLIAMSON  |  TUESDAY, 27 JUN 2023
... many as 2.7 million policyholders' information - including social security details - accessed. Meanwhile, Wilton Reassurance Life Company of New York notified the Attorney General of Maine that the information of 1.48 million customers was stolen. In ...

Anti-hawking laws could dampen super fund advice: Academic

KARREN VERGARA  |  TUESDAY, 27 JUN 2023
... products were put in place, however they don't cover financial advice services. One outcome led to the ban of hawking direct life insurance in 2020. National Advice Solutions was recently convicted of cold-calling consumers, trying to convince them ...

TelstraSuper introduces new option, drops premiums

JAMIE WILLIAMSON  |  MONDAY, 26 JUN 2023
... members will also benefit from reductions to their income protection premiums. Following a review of its arrangements with MLC Life, TelstraSuper said income protection premiums will come down as much as 30% for some members. Total savings on offer are ...

IFM Investors names chair

CHLOE WALKER  |  MONDAY, 26 JUN 2023
Cath Bowtell will become IFM Investors' new chair, as former politician Lindsay Tanner joins the board as an independent director. Bowtell, who currently serves as the group's deputy chair, chair of the people and remuneration committee and ...

Rainmaker MySuper index outdoes S&P ASX 200

ANDREW MCKEAN  |  FRIDAY, 23 JUN 2023
The Rainmaker MySuper index reported a 0.6% return for the year to 31 March 2023, continuing its series of positive rolling annual returns. The MySuper index surpassed the broader S&P ASX 200 market index, which posted a 0.1% return over the same duration. ...

Small super funds admonish APRA

ANDREW MCKEAN  |  FRIDAY, 23 JUN 2023
... only 35% of superannuation trustees responded positively. In contrast, authorised deposit-taking institutions (ADIs) and life insurers were more favourable, with affirmative responses of 68% and 67% respectively. The survey further highlighted disparities ...

Westpac plans aggressive platforms play

JAMIE WILLIAMSON  |  WEDNESDAY, 21 JUN 2023
... advisers currently use BT's platforms, which currently comprise Panorama and Asgard eWRAP. By market share, Plan For Life puts BT at the top with 17.1% as at December 2022. Rady said he believes this is in part because of the unique value proposition ...

Forrests boost Minderoo by $5bn

CHLOE WALKER  |  WEDNESDAY, 21 JUN 2023
Andrew and Nicola Forrest donated 220 million Fortescue Metals shares to their own philanthropic foundation, Minderoo. The bequest of nearly $5 billion - about one-fifth of their shareholding - takes the foundation's endowment to about $7.6 billion ...

Allianz Retire+ makes key appointments

ANDREW MCKEAN  |  MONDAY, 19 JUN 2023
... and research relationship manager is Robert Coulter, previously head of clients, APAC at Ignition Advice. Allianz Australia Life Insurance chief executive Adrian Stewart said: "Robert brings over two decades of experience working with financial planners ...