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| | | Shares in HFA Holdings Ltd began conditional trading at noon today after parent company MFS concluded its successful initial public offer (IPO). MFS will retain a 38.7 per cent stake in HFA and managing director of MFS, Philip Adams, said the healthy ... |
| | | | S&P has upgraded PrefSure Life's rating to BBB+, on par with new parent TOWER's rating. TOWER acquired PrefSure Life on 31 March 2006 and S&P declared a "positive outlook" on PrefSure Life, noting the merger would provide synergies to the two entities ... |
| | | | ... position. Kirk could not be contacted for comment but will return from an overseas trip at the end of next week. While Genesys' parent company, Challenger Financial Group, declined to comment, a spokesperson for Genesys did tell the Financial Standard ... |
| | | | ... called 'Aon Freeman McMurrick' with Geoff Freeman filling the role of managing director. Aon Australia is backed by its parent company, the New York Stock Exchange (NYSE) listed insurance giant Aon Corporation. Last year, the global company saw earnings ... |
| | | | Paul Clitheroe, chair of the Financial Literacy Task Force, believes improving financial literacy is a 20 year project. Being a long term project, he said, it starts in the home, should be taught in schools and, above all, needs to be demonstrated through ... |
| | | | ... combined insurance suite. TOWER bought PrefSure Holdings early this year for $145 million from the group's South African parent Liberty. The deal finally received the seal of approval from the regulators late last month, making TOWER one of the top three ... |
| | | | ... Management, Tony Pitt, has resigned from the company and will be replaced by Andrew Butler, who moves from a director's role with parent company Mirvac. Pitt's resignation as trust manager is effective 28 April but as of yesterday he no longer fulfills ... |
| | | | ... waves in the New Zealand market with its Allco Principals Trust acquiring 50 per cent of Strategic Investment Group, the parent of New Zealand's Strategic Finance. Allco, the investment bank with $7.6 billion in assets under management, said it made ... |
| | | | ... Promina Group and a stellar performer for its clients and customers." said Michael Wilkins, chief executive of Tyndall's parent company Promina. Meanwhile, the new chief Barry Sheehan was chosen because of his "wide experience in asset management businesses". ... |
| | | | ... forms which, as it turned out, were not used." The survival of corporate funds, according to Herron, is possible if their parent companies, like Nestle, insisted on continuing to offer an open defined benefit fund for its members. "When your parent company ... |
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