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| | | ... 93.37 points, at 2,885.26. WELLINGTON - The NZ stock market closed up 5.34 points, or 0.16 per cent, at 3,323.07. Insurer Tower Limited jumped 5.7 per cent to $NZ1.48 and Telecom dived 6.96 per cent to $NZ2.54. |
| | | | The Association of Superannuation Funds of Australia has appointed QSuper CIO, Brad Holzberger to their board, replacing Michele Dolin who stepped down as GESB CEO earlier this year. Holzberger has over 20 years experience in the financial services ... |
| | | | ... business so it has a flat management structure and has flexibility." Kelaher said IOOF had its own in-house platforms with Tower providing insurance across the group. The firm reported net inflows to its flagship platforms of $650 million. Funds under ... |
| | | | ... doing the rounds of Europe. The spark? The cancer in the periphery is spreading to the core. Germany - the lynchpin, the tower of strength, that's keeping some semblance of hope in the Eurozone - barely grew in the second quarter. German real GDP inched ... |
| | | | Towers Watson has so far been a net beneficiary from the spate of superannuation fund mergers, while acknowledging that consolidation presents the biggest single threat to the changing world of asset consulting. The firm, itself a product of a merger ... |
| | | | ... or 15.1% of the market, the research said. The bank's total risk premium inflows increased by 6.9% in the year to March. Tower Group enjoyed the largest annual growth of total premium inflows with a 27.7% rise over the year to March to a total of $1.2 ... |
| | | | TAL, formally Tower Australia, continues to reshape its insurance products, offering new features on its group life products to streamline adviser processes. TAL's group life and group salary continuance product offerings for the corporate market now ... |
| | | | Tower Australia has upgraded its technology and underwriting processes based on risk adviser feedback, including broader trade income protection terms. Brett Clark, chief executive of Retail Life, Tower, said the insurer spoke to risk advisers for feedback ... |
| | | | Institutions are seeking direct and customised hedge fund investments in favour of commingled fund of hedge funds, as the alternative asset class attempts to reinvent itself. A new report from State Street, Hedge Funds: Rebuilding on a New Foundation ... |
| | | | Institutional investors are in danger of allocating too much capital to alternatives, with "genuine assets" thin on the ground and often overpriced, according to investment consultant Chris Condon. A recent study by Towers Watson showed that allocations ... |
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