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Showing 81 - 90 of 2389 results for "Protection"

ASIC lifts ClearView interim stop order

KARREN VERGARA  |  FRIDAY, 21 JUL 2023
... in its Target Market Determination (TMD). The interim stop order applied to Clearview Life's ClearChoice Income Protection Cover and Accidental Income Protection Cover, which ASIC announced on July 19 it has imposed. ASIC was concerned that the TMD ...

ASIC slaps interim stop order on ClearView

KARREN VERGARA  |  WEDNESDAY, 19 JUL 2023
... deficiencies in its Target Market Determination (TMD). The interim stop order applies to Clearview Life's ClearChoice Income Protection Cover and Accidental Income Protection Cover. ASIC believes that the Income Protection Cover's TMD failed to consider ...

Monochrome files for first Bitcoin ETF in Australia

ANDREW MCKEAN  |  TUESDAY, 18 JUL 2023
Monochrome Asset Management, via its responsible entity Vasco Trustees, has lodged an updated application for its Bitcoin ETF with the ASX. The Monochrome Bitcoin ETF (IBTC) will be an exchange-traded fund that will offer retail investors direct and ...

Leigh Watson caps four decades in industry

ELIZABETH FRY  |  FRIDAY, 14 JUL 2023
... these savings to customers," he said, adding that uncertainty of claims costs for disability products, both income protection and TPD, remains the biggest challenge for the industry. As for super funds, Watson stated health and wellness strategies are ...

Aware Super invests in renewable data centre platform

JAMIE WILLIAMSON  |  FRIDAY, 14 JUL 2023
... data centre platform will create desirable sector and geographic diversification for our portfolio and offer inflation protection," he said. He added that the centres have experienced no downtime in more than 20 years of operation and reinforced their ...

Federal Reserve plans upping capital requirements

CASSANDRA BALDINI  |  TUESDAY, 11 JUL 2023
... officer William Kosturos said at the time. The embattled bank was closed by the California Department of Financial Protection & Innovation and the FDIC was named receiver. The FDIC transferred all deposits-both insured and uninsured-and assets of the ...

Bentham opens fund to retail investors

CHLOE WALKER  |  TUESDAY, 4 JUL 2023
... based on a strong credit culture and a systematic investment process, with a focus on the preservation of principal and protection against downside risk." Quin added Bentham has a rigorous investment approach, where its investment team seeks to identify ...

Nuveen, Commonwealth Private partner to launch REIT

CASSANDRA BALDINI  |  FRIDAY, 30 JUN 2023
... selective investments into commercial real estate debt, offering a potential measure of the downside and performance protection. Real estate has traditionally offered investors a higher level of income, strong total returns, and lower volatility when ...

FSCP hands down second order, audits adviser

KARREN VERGARA  |  WEDNESDAY, 28 JUN 2023
... 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 a high-growth investment ...

TelstraSuper introduces new option, drops premiums

JAMIE WILLIAMSON  |  MONDAY, 26 JUN 2023
TelstraSuper is making changes to its investment menu, while also decreasing income protection premiums for members. The $25 billion corporate fund is introducing a new option for accumulation and TTR members from next month, the Moderate investment ...