POWERED BY MOMENTUM MEDIA
TAL acquisition of Asteron finalised
TAL Life has finalised its acquisition of Asteron Life and Superannuation with the transfer of the assets and liabilities of Asteron Life’s life insurance business to TAL.
The transfer included all the life insurance policies issued by Asteron Life, and TAL was now the issuer of Asteron Life’s life insurance policies under Part 9 of the Life Insurance Act 1995.
TAL noted there were no changes to any policy terms and conditions and that the Asteron brand remained in the market.
The two firms first announced the acquisition in August 2018.
Recommended for you
The Albanese government has appointed Jim Craig as a member of the Future Fund Board of Guardians for a five‑year term.
The $100 billion fund has appointed a new deputy CIO from within.
The $149 billion fund has named new directors following the departure of three outgoing board members.
The Association of Superannuation Funds of Australia (ASFA) has announced changes to its structure, marking an “exciting phase of growth” for the organisation.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI Second Close
32.68 3 y p.a(%)
2
Global X GlobalX FANG+ ETF
32.50 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
32.45 3 y p.a(%)
4
Spire Oaktree Opportunities XI First Close USD
31.36 3 y p.a(%)
5
Fidante Credit Suisse Global Private Equity
30.48 3 y p.a(%)
