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Superannuation

Pension funds killing GM

TUESDAY, 22 NOV 2005 12:49PM

Pension fund and health care costs for General Motors (GM) in the US add $A5,000 to the cost of each car, almost sealing the fate of the giant car maker.

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Editor's Choice

Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

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Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

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First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

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Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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