Australia: Superannuation fund trustee ordered to pay penalty for unreasonable delays

Published on November 27, 2025
The Australian Securities and Investments Commission (ASIC) has ordered United Super, the trustee of the Construction and Building Unions Superannuation Fund (Cbus), to pay a penalty of A$23.5m
Continue reading on website
Other news

AM Best keeps outlook for US L/A insurers steady

November 26, 2025
Credit rating agency AM Best continues to hold a stable outlook for the US life and annuity (L/A) insurance sector, citing steady premium growth, strong capital positions, and solid risk-adjusted measures.According to AM Best, these factors underpin the industry’s resilience despite a shifting interest-rate environment and rising surrender trends.In its Best’s Market Segment Report, AM Best explai

TWFG Insurance makes three leadership appointments

November 27, 2025
TWFG Insurance, a personal and commercial insurance US-focused independent distribution platform, has promoted Katherine Nolan to President, Julie Benes to Chief Legal Officer, and hired Mohan Vijayagopal as Chief Technology Officer.This series of leadership appointments align with the company’s long-term growth strategy and strengthens its position for continued industry innovations.Nolan, an ind