The long wait for Foundation Life wind-up
$500m scheme documents now under review by Reserve Bank, six years on from initial proposal.
Foundation Life chief executive Grant Piercy.
Details of the $500 million wind-up of Foundation Life remain unclear, six years after it was proposed by the life insurer’s wealthy Australian owners Anthony Eisen and the Liberman family.
An update for policyholders in July said scheme documents had been provided to the Reserve Bank for review
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