POWERED BY MOMENTUM MEDIA
MetLife secures First Super mandate
MetLife has extended its reach into the Australian group insurance market, picking up a key mandate from First Super.
The mandate was confirmed this week by First Super chief executive Graeme Russell, who said it had followed a competitive tender process.
He said the selection of MetLife had been based on product design, price and service.
"Our members will benefit from new insurance features, such as providing cover to currently uninsured members and improvements to policy terms and conditions," Russell said.
MetLife Australia chief executive Marc Lieberman said the company would be seeking to adopt a partnership approach with First Super.
First Super has previously utilised OnePath as its insurance provider.
Recommended for you
The property group, owned by industry super fund Aware Super, has announced two new projects with a total construction value of $320 million that will add more than 700 homes to Melbourne’s rental market.
While institutional investors, including super funds, unanimously acknowledge the energy transition as a significant challenge, their perspectives on the extent of their involvement in addressing the substantial capital requirements vary widely.
Despite a period of increased volatility, several considerations suggest that the bull market will remain intact and the trend in shares will remain up, an economist has suggested.
HESTA has slammed Woodside’s climate transition action plan, pointing to “significant” gaps.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI First Close USD
66.99 3 y p.a(%)
2
Hills International
63.66 3 y p.a(%)
3
Acadian Global Equity Long Short Class A
36.33 3 y p.a(%)
4
CFS FC Acadian Global Equity Long Short
35.96 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
32.23 3 y p.a(%)
Add new comment