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Metlife CEO resigns
Metlife Insurance chief executive Tassin Barnard resigned this week and will leave the company at the end of the year.
The former general manager of financial protection at AXA, Barnard was responsible for Metlife Insurance’s Australian business operations.
Metlife is on the hunt for her replacement and has already identified a pool of talent. The company said an interim management team was now in place.
AUTHOR
Mike Taylor
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Large superannuation accounts may need to find funds outside their accounts or take the extreme step of selling non-liquid assets under the proposed $3 million super tax legislation, according to new analysis from ANU.
Economists have been left scrambling to recalibrate after the Reserve Bank wrong-footed markets on Tuesday, holding the cash rate steady despite widespread expectations of a cut.
A new Roy Morgan report has found retail super funds had the largest increase in customer satisfaction in the last year, but its record-high rating still lags other super categories.
In a sharp rebuke to market expectations, the Reserve Bank held the cash rate steady at 3.85 per cent on Tuesday, defying near-unanimous forecasts of a cut and signalling a more cautious approach to further easing.
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