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Showing 81 - 90 of 2037 results for "Premium"

Italian private credit fund brings unique offering down under

CHLOE WALKER  |  TUESDAY, 30 MAY 2023
... Muzinich co-head of parallel lending and chief data scientist Gianluca Oricchio, is to capture private credit liquidity premium, whilst allowing investors to redeem on a quarterly basis. "Global markets are bracing for a potential recession coupled with ...

J.P. Morgan launches three new ETFs

CHLOE WALKER  |  THURSDAY, 25 MAY 2023
The JPMorgan Equity Premium Income Active ETF (JHPI), JPMorgan US 100Q Equity Premium Income Active ETF (JPEQ) and JPMorgan US 100Q Equity Premium Income Active ETF (JPHQ) are the latest additions to the Equity Premium Income Strategy suite of funds ...

Poor policy administration sees MLC Life pay $22m

JAMIE WILLIAMSON  |  FRIDAY, 19 MAY 2023
... policies, and failing to adequately train and monitor staff about communications to customers regarding policy schedules and premium notices. ASIC said MLC Life has remediated $11.8 million to those impacted. "Customers should be able to trust that their ...

AMP fined $24m for charging deceased customers

KARREN VERGARA  |  FRIDAY, 19 MAY 2023
The Federal Court found AMP guilty of charging deceased customers life insurance premiums and advice fees, ordering it to pay $24 million in penalties. Justice Hespe today determined that four AMP subsidiaries - AMP Life, AMP Financial Planning, AMP ...

Adviser PI premiums up 40%: APRA

JAMIE WILLIAMSON  |  THURSDAY, 11 MAY 2023
... subgroups, the Financial category - which accounts for accountants, financial advisers and brokers/dealers - all saw an average premium increase of at least 40%. "For Financial, average premiums increased by a similar amount across most occupation subgroups. ...

Australian Retirement Trust reduces fees, ups premiums

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2023
... support, premiums will increase to ensure we can continue to support our members now and into the future. We don't take premium increases lightly, and over the last decade we have only ever applied premium increases twice across the board for the ...

Qualitas signs $1bn credit mandate

JAMIE WILLIAMSON  |  MONDAY, 8 MAY 2023
... across our private credit strategies to accelerate deployment momentum. The market environment is currently placing a premium on the provision of liquidity and Qualitas is a part with the scale of capital to provide this much needed liquidity." He added ...

FCA simplifies listing rules to attract global companies

ANDREW MCKEAN  |  WEDNESDAY, 3 MAY 2023
... concerns, the FCA has proposed further revisions to listing rules. This includes consolidating the existing 'standard' and 'premium' listing segments into a singular category for equity shares in commercial companies. "Our proposed reforms would significantly ...

Citi awarded custody mandate by Mason Stevens

ANDREW MCKEAN  |  MONDAY, 1 MAY 2023
... custody and integrated execution services mandate by wealth platform Mason Stevens. As Mason Stevens looks to deliver "premium" wealth management solutions, Citi Australia and New Zealand's head of securities services Mark England expressed excitement ...

Morningstar downgrades PIMCO, Vanguard funds

JAMIE WILLIAMSON  |  THURSDAY, 27 APR 2023
... diversified fixed-interest portfolio, though its pricier fee dulls its lustre slightly... This ESG variant does charge a premium, compounded by higher additional expenses from derivatives, and this sets it back a touch under our ratings framework." Meanwhile ...