MetLife has won its third group insurance mandate in as many months, picking up the reigns from TAL as the insurance provider for Australian Ethical members in July.
It was a part of the fund's program to strengthen its competitiveness and product features, according to Australian Ethical chief executive Phillip Vernon.
The price of the super fund's insurance had already improved and the pair would continue to work to bring further benefits for Australian Ethical members, he said.
MetLife chief executive Marc Lieberman said the company was now working to develop a new range of product and technology innovations for the fund's members.
The insurance provider has picked up a number of notable clients recently, winning the group insurance mandate for First Super in July and for Nationwide Superannuation Fund in May.
Challenger’s chief economist expects the US economy will see a prolonged recovery with President Donald Trump’s policies unlikely to have a lasting effect on equities and investments.
A research firm says errors are a “natural part” of running a company with humans and has reversed its previous poor rating for the exchange.
The world’s largest wealth manager remains overweight on US stocks spurred on by AI, but is taking a “granular” approach when assessing trade war damages.
Australia’s investment sector has averaged just 31 per cent alignment with mandatory climate reporting rules, new research has shown.