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ACSI voting service attracts five members

MICHAEL HOBBS  |  MONDAY, 14 DEC 2009
... are expected to sign on to the Australian Council for Super Investors' (ACSI) Global Proxy Voting Service, which launches next month. Ann Byrne, chief executive at ACSI, said the council is pleased with the initial amount of support the service has received. ...

ETF Securities ramps up for 2010

MICHAEL HOBBS  |  FRIDAY, 11 DEC 2009
... million in local funds to its exchange traded commodities product (ETC) and is looking to ramp up its local sales activity next year. Nigel Phelan, head of sales for Australia and New Zealand at ETF Securities, said the firm has added more than 2,500 ...

Future Fund mulls Transurban investment

MICHELLE BALTAZAR  |  FRIDAY, 11 DEC 2009
... past year - but things are improving. "There's a much stronger pipeline so we expect to see that portfolio ramping up in the next few months."

Planners want insurance integration

RUTH LIEW  |  FRIDAY, 11 DEC 2009
... in platform and planning software land accelerate. "It's following what's happening now on the investment side - it's the next wave through," said Andrew Knox, analyst at Investment Trends. "The planners writing risk are probably more likely to be technology ...

Jobs

BENJAMIN ONG  |  FRIDAY, 11 DEC 2009
... forecasting jobs, maybe she's not. In May, the Federal Government predicted that the jobless rate would peak at 8.75 per cent next year. This was lowered later this year to 6.75 per cent by mid-2010 as the resilience of the Australian labour market took ...

Zurich to roll out climate change training

MICHELLE BALTAZAR  |  THURSDAY, 10 DEC 2009
... climate change training programs in Melbourne and Sydney with plans to roll out the same program to other cities nationally next year. The idea came about after a company survey revealed many insurance brokers worry about climate change but don't quite ...

Ascalon appoints head of distribution

COMPANY RELEASE  |  THURSDAY, 10 DEC 2009
... Group executive Jason Collins to the newly created role of head of distribution. Collins starts with Ascalon in February next year, and joins the team from related company BT Financial Group, where he has has been head of corporate communications for ...

Company sales earnings on hold till 2011: Zurich

MICHAEL HOBBS  |  THURSDAY, 10 DEC 2009
... companies posted reasonable profits due to aggressive cost cutting strategies but these companies must focus on output for the next year. "For the second round of growth we need to see the top line growth - we need to see a growth in sales," said Drennan. ...

Damned either way

BENJAMIN ONG  |  THURSDAY, 10 DEC 2009

Tower pursues more insurance mandates

RUTH LIEW  |  WEDNESDAY, 9 DEC 2009
Tower will aggressively tender for more mandates next year as the firm forecasts further super fund consolidation and insurance reviews to come, said Geoff Black, chief executive of group life and investments. Tower's $600 million deal with AustralianSuper ...