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General

Troubled Tower replaces Byer as chairman

WEDNESDAY, 19 FEB 2003   4:52AM
Beleaguered trans-Tasman financial services group Tower today announced the replacement of chairman Colin Byer with Melbourne-based Olaf Duill, paving the way for a showdown at the group’s annual meeting on March 27 as Byer attempts to gain re-election to the board as director.

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Editor's Choice

AMP hires from AustralianSuper

CHLOE WALKER  |   12:42PM
AMP today announces the appointment of Felicia Trewin as its new chief technology officer and member of the group executive committee.

ESG overhaul for SSGA ETFs

JAMIE WILLIAMSON  |   12:38PM
State Street Global Advisors will roll out enhancements to four of its SPDR ETFs and, in the process, give Australian investors access to an ESG-focused global real estate ETF and reduced carbon emissions emerging markets ETF for the first time.

Retirees require 3.3% drawdown: Research

KARREN VERGARA  |   12:17PM
New Morningstar research recommends retirees should drop the 4% withdrawal rate to 3.3% for a balanced portfolio.

ClearView recruits chief claims officer

KARREN VERGARA  |   12:19PM
The former chief claims officer at Zurich Financial Services has moved to ClearView Wealth in a newly created role.

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