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Showing 11 - 12 of 12 results for "Tower Trust"

Tower announces sale of trustee business

Troubled insurer Tower Limited today announced the sale of Tower Trust New Zealand for $NZ25 million ($A22.5million). The purchaser is a private US-based investment company, Sterling Grace Corporation. Tower Trust New Zealand provides both personal ...

Tower boosts cash levels to meet APRA demands

... money from its Tower New Zealand group. It has also removed one of its strategic assets held in the statutory funds of Tower Trust Australia and replaced it with cash, in line with APRA's preference that strategic assets should not be held in statutory ...
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