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Showing 1 - 10 of 100+ results for "Life"

Aussies pay the price for early release of super: ASFA

JAMIE WILLIAMSON  |  THURSDAY, 11 AUG 2022
The government's COVID-19 early release of superannuation (ERS) scheme saw the closure or near emptying of almost one million member accounts, largely held by women, single parents and the unemployed. A new analysis by the Association of Superannuation ...

AMP to return $1.1bn to shareholders

JAMIE WILLIAMSON  |  THURSDAY, 11 AUG 2022
... million, largely driven by the gain on sale of the infrastructure debt platform and that of its remaining stake in Resolution Life. AMP said it is now in a strong capital position, with $1.5 billion surplus above its target capital level. It has already ...

NEOS Life appoints sales, culture leads

JAMIE WILLIAMSON  |  WEDNESDAY, 10 AUG 2022
The life insurer has welcomed a new head of sales, as the incumbent moves into a newly created role overseeing culture and performance. NEOS Life has welcomed Harry Georges as head of sales, recruiting him from digital insurer, iptiQ. He brings more ...

Convicted former financial adviser banned for life

CHLOE WALKER  |  TUESDAY, 9 AUG 2022
ASIC has permanently banned NSW-based financial adviser Ezzat-Daniel Nesseim after he was sentenced for repeatedly attempting to mislead the regulator. Nesseim is barred from performing any function involved in operating a financial services business ...

What the QAR should focus on: MLC Life

CASSANDRA BALDINI  |  TUESDAY, 9 AUG 2022
MLC Life Insurance has said the Quality of Advice Review (QAR) should focus on how to ensure Australians can access financial advice, regardless of their wealth. Ahead of Michelle Levy's draft report due later this month, MLC Life said it believes ...

Philanthropist fund unveils new NFP partners

CHLOE WALKER  |  MONDAY, 8 AUG 2022
Future Generation is on a mission to accelerate funding into the prevention of youth mental health issues, warning that Australia's current funding of mental healthcare is "not working". Comprising of 14 non-for-profit partners, the social investment ...

BlackRock, Coinbase partner on crypto offering

CASSANDRA BALDINI  |  FRIDAY, 5 AUG 2022
BlackRock will make cryptocurrency available to institutional investors through a partnership with Coinbase. The investment giant selected Coinbase to provide its institutional clients with direct access to crypto, starting with Bitcoin, and the market ...

Insignia Financial, Personetics partnership

CASSANDRA BALDINI  |  THURSDAY, 4 AUG 2022
... benchmarking tools for superannuation fund comparisons. We know there is more work to be done to make advice more available across life stages and help people improve their financial position, and we're excited by the opportunity." Personetics chief ...

Optimum Pensions, Generation Life launch lifetime annuity

CASSANDRA BALDINI  |  WEDNESDAY, 3 AUG 2022
Optimum Pensions and Generation Life partnered to launch an investment-linked lifetime annuity. The LifeIncome products offers a lifetime annuity with 23 different investment options and has reversionary benefit and death benefits. A statement called ...

FSC analyses super, advice developments

ANDREW MCKEAN  |  MONDAY, 1 AUG 2022
... Interest Duty is met and a review of key terms of advice (personal advice and general advice). Moreover, the retention of the Life Insurance Framework, retention of the Australian Financial Services Licence and support for principles-based regulation ...
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