The latest issue of Financial Standard now available as an e-newspaper
|Institutional fund managers have pumped $43 million into life insurance startup Integrity Life to help it expand and build out its digital offering.|
|APRA will resume its intervention into the life insurance market to stem ongoing heavy losses in individual disability income insurance.|
|Commonwealth Bank has received another payment furthering the divestment of its life insurance business to AIA Group.|
|New research from actuary Plan For Life has found that overall group risk premium inflows fell 15% over the 12 months to June, with fresh legislation to blame.|
|An Actuaries Institute Taskforce has made sweeping recommendations for broad changes to Australia's retail disability income insurance market, including providing examples of Best Interest Duty in life insurance.|
|Australian Ethical has made a raft of changes to the terms and conditions in its superannuation insurance offering.|
|A woman who has multiple sclerosis (MS) is fighting to have CommInsure recognise her condition, calling into question the various definitions life insurers use.|
|Front loaded discounts in the retail life insurance market reel in clients but are found to be more costly over the long term and leads to lapses in policies, according to Rice Warner.|
|High net worth investors have resorted to panic buying life insurance products as a result of the COVID-19 pandemic despite low trust in the providers, according to the latest research from GlobalData.|
|Slater and Gordon has criticised life insurers for proposing to dictate who can and can't access mental health treatment through their funding programs.|
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Christian Super is reducing insurance premiums for most of its members, saying the offering now better aligns with what is available at other super funds.
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The head of investment stewardship at VFMC has departed, with an interim replacement appointed.
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KPMG Australia and The Table Club have produced a new report revealing how much growth family offices expect from investments and what they want from investment managers.
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A former Westpac executive has joined BlackRock to lead its wealth division for Asia Pacific.
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