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Tower wins First State Super, ousts MetLife

RUTH LIEW  |  TUESDAY, 30 NOV 2010
... two rivals AIA and ING, now called OnePath, after signing a landmark deal with the $20 billion First State Super. Effective next month, Tower will provide death, disablement and income protection insurance for First State Super's 380,000 fund members. ...

Rise of Asia bonds: Temasek

RUTH LIEW  |  TUESDAY, 30 NOV 2010
... US$17 trillion of public debt refinancing and budget funding obligations to come due from US, UK, Japan and Eurozone over the next three years. "The Asian and Singapore bond markets would provide corporate issuers alternative markets to meet their requirements," ...

Bite sized super at Telstra

MEDIA RELEASE  |  TUESDAY, 30 NOV 2010
... retirement planning. "We are already working on a range of further videos which will be progressively released from February next year. We are inviting members to nominate further topics they are interested in for the next range of Super Bites videos," ...

Hungary nationalises private pensions

JOHN MCDULING  |  TUESDAY, 30 NOV 2010
... Government would force investors in private pension schemes into the public system. Those that fail to do so by the end of January next year will no longer be able to claim the public pension upon retirement. Hungarians are reluctant to hand their money ...

Plato appoints senior portfolio manager

ELISE BURGESS  |  TUESDAY, 30 NOV 2010
... head of Asia ex Japan active equities (SSGA) Todd Kennedy as senior portfolio manager. Kennedy's role will start in February next year and his responsibilities will include research into quantitative stock selection models, alpha generation, portfolio ...

Vow names new chief

ELISE BURGESS  |  TUESDAY, 30 NOV 2010
... Bank senior executive Tim Brown will take over from departing chief executive officer Jeff Zulman at Vow Financial early next year. Brown has resigned after five years at Macquarie Bank to accept the position. Former roles include marketing and sales ...

Insurers slow to custom fit products: research

RUTH LIEW  |  MONDAY, 29 NOV 2010
... to invest an average of $126 million, 50 per cent more than the lesser-performing mean, in an integrated strategy over the next three years.

A QEasy road ahead for investors

JOHN MCDULING  |  MONDAY, 29 NOV 2010
... safer, lower risk path might be the best path forward, even though the global economy is expected to grow at trend for the next few years."

Me too

BENJAMIN ONG  |  FRIDAY, 26 NOV 2010
... Australia's National Accounts would show that the economy slowed sharply in the third quarter when the ABS releases its estimates next week. The Australian Financial Review quote Westpac halving its third quarter real GDP growth forecast from 0.6 per ...

Tower posts strong growth in direct and life ins

ELISE BURGESS  |  THURSDAY, 25 NOV 2010
... per cent to $169 million. With plans for continual growth, the insurer raised $96 million in capital this financial year. Next year, the group said it would focus on rationalising certain businesses while continuing profit growth. These include leveraging ...