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MLC group insurance offers real time updates

... At the moment, the online service is a static content in that it solely reports current content. However, Howard said the next step would be to allow exchange of information and do transactions through the site. Cameron Boggs

Market wrap - midday

AAP  |  MONDAY, 23 JUN 2008
... as we approach the end of the financial year, hopefully we will have better news with the start of the new financial year next week." At 1228 AEST, Westpac was down 25 cents to $20.38, Commonwealth Bank of Australia shed 46 cents to $38.90, ANZ fell ...

McIvor to leave AustralianSuper

RUTH LIEW  |  MONDAY, 23 JUN 2008
... product," said Silk. According to Silk, McIvor will be leaving the fund in a few months to travel overseas before deciding on her next career move. Meanwhile, AustralianSuper is on the hunt for a new general manager of marketing and communications, and ...

TRS pumps $1.26bn into PE

RUTH LIEW  |  MONDAY, 23 JUN 2008
... March. TRS confirms that it is committing between $839.5 million and $1.26 billion into private equity investments beginning next month under a "tactical plan" approved by the TRS Board of Trustees to help the fund reach its long-term asset allocation ...

Market Wrap - Midday

AAP  |  FRIDAY, 20 JUN 2008
... per cent fall in the price of crude oil, Mr Chatterton said he believed the energy market was going to be strong over the next few months. Santos fell 51 cents to $21.24, Oil Search was down 12 cents at $6.16 and Woodside Petroleum fell $1.55 to $63.95. ...

CFS takes infrastructure to the front line

RUTH LIEW  |  FRIDAY, 20 JUN 2008
... (CFS), predicts the sector will see a rise of less than one per cent to five per cent in investments globally within the next five to ten years. "From a fundamental point of view we're seeing a lot of growth opportunities. Wherever you look, whether ...

Planner buying spree tops $17bn

... consolidating their market share in the past six months. "The industry will certainly go through a massive change over the next few years as all the major adviser groups wrestle for stronger distribution power," said Andrew Keevers, Rainmaker group associate ...

GESB converts to a 'true' mutual

RUTH LIEW  |  THURSDAY, 19 JUN 2008
WA-based $8.8 billion super fund GESB is next month scrapping its status as a public-servant only super fund and flicking the switch to become a mutual, complete with voting rights and direct member ownership. Starting 1 July, GESB members will have ...

Ex-AFS distribution head joins FPSA

RUTH LIEW  |  WEDNESDAY, 18 JUN 2008
... and dealer principal. Director of FPSA Deborah Baron said Ryan will be invaluable in driving strategy to take FPSA to the next level. Ryan has extensive experience in the financial planning industry and was most recently the head of distribution with ...

Lincoln to launch more 'golden rule' funds

MICHAEL HOBBS  |  TUESDAY, 17 JUN 2008
... plans to use its tried-and-tested approach to launch three products across small caps, income and global equities in the next 12 to 18 months. Elio D'Amato, Lincoln chief executive, said the firm wanted to launch more investment products in the future ...