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Showing 81 - 90 of 246 results for "OnePath 11.6 %"

ANZ completes OnePath sale to IOOF

ELIZABETH MCARTHUR  |  MONDAY, 3 FEB 2020
ANZ completed its sale of OnePath Pensions & Investments to IOOF for a renegotiated price of $850 million. The final sale price was $850 million, including the $25 million that ANZ received for the sale its aligned dealer groups in 2018. It was a renegotiated ...

Former Challenger executive joins ASX board

ELIZABETH MCARTHUR  |  MONDAY, 6 JAN 2020
The ASX has announced the appointment of a new non-executive director. Robert Woods joins the board with effect from 1 January 2020 and will stand for election at the ASX's general meeting at the end of September this year. "The Board and I are ...

MLC Life loses super fund mandate

KANIKA SOOD  |  MONDAY, 16 DEC 2019
An $8.5 billion corporate superannuation fund has swapped out MLC Life Insurance for another provider after eight years. Qantas Super will now use OnePath Life as its insurance partner, with an expected start date of 1 July 2020. The fund started to ...

IOOF, ANZ transaction gets green light

ELIZA BAVIN  |  TUESDAY, 10 DEC 2019
APRA has approved IOOF's application to purchase ANZ's superannuation business. The decision to allow the purchase of OnePath Custodians and Oasis Funds Management comes from APRA after it was granted the legislative power to approve or refuse an application ...

Retail fund renews insurer, cuts premiums

KANIKA SOOD  |  WEDNESDAY, 20 NOV 2019
A retail superannuation fund has reappointed OnePath as its insurer, and is trimming premiums by about 20%. Virgin Money Super has renewed OnePath Life for three years starting December 1. The mandate is for death, total and permanent disablement (TPD) ...

Life Company of the Year crowned

ELIZABETH MCARTHUR  |  FRIDAY, 15 NOV 2019
Two major insurance providers have cleaned up at the Association of Financial Advisers' Life Company of the Year and Consumer Choice Awards. Taking home the coveted namesake award, TAL was named Life Company of the Year for the third consecutive year. ...

OnePath introduces long-term premium projections

ELIZA BAVIN  |  MONDAY, 28 OCT 2019
OnePath Life has launched 10-year premium projections on alteration quotes in a bid to provide greater clarity for financial advisers and their clients. The insurer said the projections, for existing OneCare and OneCare Super policies, will enable advisers ...

Zurich secures mandate from $8b super fund

ELIZA BAVIN  |  FRIDAY, 25 OCT 2019
Zurich has been awarded a group insurance mandate from an industry super fund worth $8 billion. The mandate was awarded by Queensland-based Energy Super and is the first given to the insurer since it acquired OnePath Life in June this year. Head of ...

IOOF acquires OnePath at a discount

ELIZA BAVIN  |  THURSDAY, 17 OCT 2019
IOOF has secured the sale of ANZ's OnePath pensions and investments business for $850 million, down from the original sales price of $975 million announced in October 2017. ANZ said the new price includes around $25 million that it has already received ...

ANZ/OnePath worst performer again

KRISTI CHENG  |  WEDNESDAY, 4 SEP 2019
ANZ/OnePath has again topped the list of worst-performing super funds, according to Stockspot's Fat Cat Funds Report for 2019. Joining them at the top this year however is AMP, which now also owns 11 fat cat funds, up from three last year. Taking out ...