TAL Life has finalised its acquisition of Asteron Life and Superannuation with the transfer of the assets and liabilities of Asteron Life’s life insurance business to TAL.
The transfer included all the life insurance policies issued by Asteron Life, and TAL was now the issuer of Asteron Life’s life insurance policies under Part 9 of the Life Insurance Act 1995.
TAL noted there were no changes to any policy terms and conditions and that the Asteron brand remained in the market.
The two firms first announced the acquisition in August 2018.
Blue Owl Capital, a US asset manager with its eye on ‘marquee investors’ like super funds, has announced the appointment of a senior Future Fund executive as its newest managing director.
The Association of Superannuation Funds of Australia has appointed a new director representing industry funds, among a number of other appointments in recent months.
The Association of Superannuation Funds of Australia has tapped an experienced public policy executive as head of policy and advocacy.
The firm has welcomed an experienced financial services executive, who helped establish Vanguard's superannuation business, as its new chief financial officer.
Add new comment