Risk Product Update

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MetLife adds fitness and recovery to health offering

MetLife has added a fitness and recovery section to its 360Health Virtual Care digital offering to customers and their families, and all MetLife employees in Australia, no claim required. The move comes after a third of all total and permanent disability claims are due to musculoskeletal conditions like back injuries and strains. The new additions include access to exercise physiologists and personalised programs.

Risk Regulatory Update

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  • FPA updates Professional Code

  • ASIC industry funding model discussion paper released

  • Family violence exemptions for insurers

  • YFYS review begins

  • ASIC review of non-disclosure ‘fishing’ in TPD cover continues

  • Treasury releases Quality of Advice Review proposal

  • AFA and FPA discussing merger

  • 50% pass rate for July and August adviser exams

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Fund Product Update

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  • Challenger launches fixed-term annuity

  • Vanguard launching super fund

  • AMP-managed trust moving elsewhere

  • BlackRock launches iShares ETF

  • eToro launches AussieEconomy portfolio

  • Chant West announces platform rankings service

  • UBS launches small-cap strategy locally

  • BlackRock and NAB launch ETF suite together

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Fund People Update

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  • First Super welcomes new director

  • JANA appoints CEO

  • Aware Super director wins Trustee of the Year

  • Schroders appoints head of private wealth

  • NGS welcomes two new share managers, farewells CEO

  • Mercer appoints investment chief

  • Rest welcomes new director

  • ASX appoints CFO

  • APRA announces scholarship recipients

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Fund Company Update

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  • High polluters added to HESTA watchlist

  • Australia has 15 top-ranked pension funds

  • Aware Super launches real estate platform

  • Pendal bought by Perpetual

  • MetLife IM to buy AIM

  • Equity Trustees to acquire AET

  • Mercy Super and HESTA merger talks

  • CareSuper looking to merge

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