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MARK STORY  |  MONDAY, 24 SEP 2012

Active membership in UK occupational pensions waning

MARK STORY  |  THURSDAY, 20 SEP 2012
Between 1967 and 2011 active membership in UK-based occupational pension schemes has dropped by around 30% from 12.2 million to an estimated 8.2 million, according to the Occupational Pension Schemes Survey, 2011. However, there has been an increase ...

Vermilian joins forces with Data Action

MARK STORY  |  THURSDAY, 20 SEP 2012
Banking technology supplier Vermilian Pty Ltd has just signed a Memorandum of Understanding for a cooperative working arrangement with core banking platform provider Data Action Pty Ltd. The arrangement is expected to see the two companies bring more ...

Peak in investment spend to herald lower growth: Barclays economist

MARK STORY  |  TUESDAY, 18 SEP 2012
Once it peaks in 2013, the $260 billion of [predominantly resources, and especially gas-based] business investment already in Australia's development pipeline will start declining rapidly, resulting in a significant growth slowdown in 2014. This was ...

Investment management hit by downturn

MARK STORY  |  THURSDAY, 13 SEP 2012
A cocktail of market blows since the GFC which led super funds to reduce costs by going passive, amalgamate through economies-of-scale, and the internalisation of portfolio management by larger funds - plus reduced availability of capital - has meant ...

Glimmer of hope for house prices

MARK STORY  |  WEDNESDAY, 12 SEP 2012
Median house prices across Australia's capital cities increased over the June quarter by measly 1.4%, with other dwellings up 0.6%, according to the latest data from the Bendigo Bank/REIA Real Estate Market Facts report prepared by the Real Estate Institute ...

Lazard consolidates Sydney foothold

MARK STORY  |  TUESDAY, 11 SEP 2012
In an attempt to consolidate its ties with Sydney clients, Melbourne-based Lazard Australia will acquire independent corporate advisory firm O'Sullivan Partners, led by founder and managing partner Tony O'Sullivan. O'Sullivan will become head of Lazard's ...

netwealth adds TAL Accelerated Protection to LifeWrap

MARK STORY  |  MONDAY, 10 SEP 2012
In response to major demand to provide comprehensive low-cost super and investment services, coupled with multiple insurers - platform provider netwealth has announced the addition of TAL Accelerated Protection to its LifeWrap facility. The LifeWrap ...

Banking by video to drive loyalty: Telstra

MARK STORY  |  FRIDAY, 7 SEP 2012
The bank of the future will be driven by video interaction, including local branch video calling, accessing experts on demand online and interactive videos on financial topics, according to new research from Telstra Enterprise & Government. Telstra's ...

WA closures signal mining boom end: Veda

MARK STORY  |  FRIDAY, 31 AUG 2012
Western Australia's economic engine is losing steam while the eastern states appear to have regained economic momentum via new business openings during the past 12 months, according to new insights by data intelligence company, Veda. Veda's latest data ...