|An Australian insurer has awarded a Natixis affiliate a mandate to manage $80 million in an absolute return strategy.|
|Australians do not want to subsidise life insurance for those with adverse genetic test results, according to the latest Financial Services Council study.|
|Actuaries have calculated mortality rates among Australians who use annuities. It is research they hope will help develop retirement income products including CIPRs.|
|Freedom Insurance Group announced it will stop selling life insurance products and alerted shareholders of the likelihood it will face a liquidity crisis next year.|
|Financial services companies fared well in AIA's latest healthiest workplace survey, with a 21-year-old firm recognised as Australia's healthiest small workplace.|
|New Zealand life insurers are paying the highest commissions to financial advisers in the world and the nation's Reserve Bank is concerned about the conduct risk it is creating.|
|A new corporate health program trialled at AIA will allow the life insurer's staff to track their mental health progress.|
|TAL launched an adviser-focused health insurance offering by way of an expanded strategic partnership with nib.|
|Since launching in mid-2018, life insurance start-up NEOS Life is making strides with the launch of a new product and expedited its underwriting decision times.|
|Life insurers should be banned from asking consumers if they have undertaken a genetic test, Financial Standard's latest readership survey reveals.|
The executive manager of operations at a $17 billion industry superannuation fund resigned recently, with a replacement yet to be appointed.
Clime Investment Management has partnered with Sequoia to launch a new fund that aims to provide a yearly income of 8%.
A three-day trial has been scheduled for the landmark case brought against Rest by member Mark McVeigh.
A retail superannuation fund has dropped the investment fees on three options by 10 bps to 19 bps, with its chair saying the cuts will help it be more competitive.
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