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Showing 881 - 890 of 894 results for "Tower"

Afternoon market wrap: Tower loses over one-third of value

Tower lost over one-third of its sharemarket value in one day after it warned of an expected loss in excess of $161 million in its upcoming half year profits to be released on May 28. The stock finished at $1.25, a fall of 36.2% as anxious investors ...

Towers Perrin blasts Government decision to "ignore" super

Towers Perrin has criticised the Federal Government's decision to "ignore" superannuation in this year's Budget, saying that it is a clear sign that Australia's complex retirement system has fallen into the "politically too hard basket". While the prominence ...

Funds split over need to apply for an AFS licence

Superannuation funds are apparently split on the issue of applying for an Australian Financial Services Licence (AFSL), according to a survey conducted by Towers Perrin of 17 of Australia's largest funds representing over $34 billion in assets and 450,000 ...

$4.6 billion Retail Employees Super Trust to decide on asset consultant

The $4.6 billion Retail Employees Superannuation Trust (REST), which has 1.2 million members, of whom 713,000 are active, making it Australia's biggest super fund in terms of assets and one of the biggest in terms of membership, has announced that it ...

Tower continues restructuring with two new appointments

Tower Australia has continued to rebuild following a difficult 2002 with two new appointments to its risk and investment and risk and alliance businesses. Jordan Hawke, formerly national manager of wealth protection at MLC, has joined the company as ...

Tower appoints Taylor to group managing director

Tower has appointed acting chief executive Keith Taylor to group managing director as it continues to restructure following its $67.74 million loss last year. "There is no question that we have a lot of hard work to do-the market environment for financial ...

Lance Cottam retires from Tower

Tower has announced that director Lance Cottam will retire from the company on June 30 after 17 years on the board. "Lance Cottam has been part of the Tower Board for the past 17 years and during that time has seen Tower transformed from a Governement ...

EDS Superannuation Fund replaces Watson Wyatt with Towers Perrin

Towers Perrin has been appointed as asset consultant to the $250 million EDS (Australia) Superannuation Fund, replacing Watson Wyatt, it announced today. "We believe that structurally the investment has fundamentally changed. The wind that was filling ...

Barclays tops Morningstar sector strength ratings

... Henderson was fifth with its equity fund, given a sector strength rating of 4. Bottom on the list of investment managers was Tower for its Tower Lighthouse Australian shares fund which received a sector strength rating of 1 and one star for its growth ...

Dennis Sams rejoins Towers Perrin as head of research

Dennis Sams has left InTech after three years to rejoin Towers Perrin as head of research, Towers Perrin announced today. Sams will direct, manage and co-ordinate specialist research activities and also lead the firm's research on hedge funds. "Our ...