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| | | TOWER Australia and CommInsure both named Life Company of the Year in the Association of Financial Advisers (AFA) and Plan for Life awards held yesterday. In a surprise, the two life insurers ranked equal in the main category, with the awards committee ... |
| | | | Virgin Money has launched a directly available life insurance product, underpinned by TOWER Australia. Virgin Money will lend its brand, product development and customer service expertise to the alliance while TOWER Australia will provide the infrastructure ... |
| | | | Towers Watson Investment has expanded its Australian investment team by four with plans to add another two within months. Former head of Mercer's New Zealand Retirement /Actuarial Consulting business, Paul Newfield is assuming the role of senior investment ... |
| | | | ... The AFA is taking a very strong leadership position, we need to start talking about this issue and, in conjunction with Tower Australia, we will be doing many things from here including research." Additionally, the association will be launching its industry-wide ... |
| | | | ... mixes, with AustralianSuper the 56th cheapest workplace super fund and WestScheme the 59th cheapest. Both funds already use TOWER Group for group insurance, which also offers integration advantages. |
| | | | Paul Costello, former Future Fund general manager, has been named the chair of the Stronger Super Peak Consultative Group, a panel made up of the 15 representatives of key stakeholders in the superannuation sector. The panel has been tasked with advising ... |
| | | | ... Australian insurers opened the day mixed. QBE was up seven cents at $17.30, but IAG was down eight cents at $3.65. Life insurer Tower Australia Group said a shifting economic and regulatory environment would make the year ahead "interesting". Tower was ... |
| | | | A leading fund manager argues that many investors are too pessimistic about the US and too optimistic about other markets, particularly China. Speaking at a lunch briefing yesterday, Martin Conlon, head of Australian equities at Schroder Investment ... |
| | | | An after-tax optimisation tool available to super funds called 'propagation' is proving too expensive to run in practice and, at current prices, is only cost-effective for multi-billion super funds, research shows. In its paper, Towers Watson studied ... |
| | | | ... Office of Financial Management conducts a tender process to issue $500 million of the April 2020 bond line. In equities, Tower Australia Group Ltd holds its annual general meeting. On Tuesday, the Australian share market ended flat despite strong US ... |
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