Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 81 - 90 of 433 results for %22St Andrew%27s Insurance%22

Budget deficit pressured by debt costs

ANDREW MCKEAN  |  WEDNESDAY, 26 OCT 2022
... the next. "We face growing pressures with interest payments and essential services - such as the National Disability Insurance Scheme (NDIS), hospitals, aged care, medical benefits, Age Pension and defence - growing faster than the economy. These spending ...

Members stick with dud super funds

ANDREW MCKEAN  |  FRIDAY, 21 OCT 2022
... stapling process, including specific feedback as to how it's operating at the workplace level and in conjunction with group insurance. "We understood that there were going to be some consequences to the way the former government set stapling up and we ...

Household Capital partners with Genworth

ANDREW MCKEAN  |  WEDNESDAY, 19 OCT 2022
Genworth Financial Mortgage Insurance has taken a 22% stake in home equity retirement funding provider Household Capital, concluding a $37.6 million series C capital raise. Speaking to Financial Standard, Household Capital chief executive Joshua Funder ...

Fed seeks feedback on rules to resolve large bank failures

ANDREW MCKEAN  |  MONDAY, 17 OCT 2022
... Register notice, Resolution-Related Resource Requirements for Large Banking Organisations, it was noted the Federal Deposit Insurance Corporation (FDIC) typically employs a strategy of selling failed insured depository institutions to another depository ...

APRA unmasks fund outsourcing impacts

ANDREW MCKEAN  |  THURSDAY, 6 OCT 2022
... across 10 retail super trustees, covering four key services - administration, financial advice, investment management and insurance. APRA's observations focused on trustees' assessment of service providers' value for money, trustees' measurement and ...

Allianz Retire+ bolsters executive team

CHLOE WALKER  |  MONDAY, 26 SEP 2022
Andrew Stewart and Malcom Weir join the Allianz Retire+ team as its new head of distribution wealth and head of life protection. The three hires play a pivotal role in the firm's refreshed strategy, according to Australian chief executive Adrian ...

CSLR legislation tabled, advice sector responds

ANDREW MCKEAN  |  FRIDAY, 9 SEP 2022
... collective goal should be a compensation scheme that is rarely required as adequate capital levels and professional indemnity insurance obligations for financial advisers result in minimal unpaid AFCA determinations," he said. Meanwhile, the government ...

Insignia appoints product, insurance heads

ANDREW MCKEAN  |  FRIDAY, 2 SEP 2022
Insignia Financial has made two appointments to its master trust and insurance product team. Gideon Lipman joins the company as head of product, master trust and Insurance. Lipman has more than 18 years of experience in the wealth management industry ...

Insurers are 'fishing' for non-disclosures: ASIC

ANDREW MCKEAN  |  FRIDAY, 2 SEP 2022
An ASIC review of individual disability income insurance claims has determined that more work is needed by insurers to ensure customers are protected from unfair practices. ASIC has longstanding concerns about the potential consumer harm resulting from ...

ASIC tells super trustees to improve TMDs

ANDREW MCKEAN  |  MONDAY, 29 AUG 2022
... Employing specific parameters like age, occupation or industry, minimum investment balance for retirement products, and insurance needs make it easier for distributors to determine who products are appropriate for, ASIC said. However, some others used ...