21 September 2017 14:51
The Commonwealth Bank has sold its beleaguered life insurance business CommInsure to AIA and announced a series of other sweeping changes, including a strategic review of Colonial First State Global Asset Management (CFSGAM).
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AIA Australia, Life insurance, CBA, CFSGAM, comminsure
Treasury is considering a new benchmark for “emerging assets” under proposed changes to the Your Future Your Super performance test meant to discourage the index-hugging behaviour that has characterised super fund investments since its introduction in 2021.
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