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Superannuation

Judicial advice to be sought on AMP Income Securities

AMP Ltd has responded to the trustee for its Income Securities, Perpetual Trustee Company Ltd, which has advised that it plans to seek judicial advice on the impact of AMP's proposed demerger on its Income Securities.

Afternoon market wrap: Shares gain ground

WITH AAP  |  THURSDAY, 20 NOV 2003
The big banks again propped up the Australian share market today...

Simon Crean hails ALP as the 'Party of the Superannuants' at talk today

The Australian Labor Party (ALP) leader Simon Crean emphasised the importance of superannuation to his party's core value system...

Assirt assesses Nexus Bonds Portfolio Linked Floating Rates Notes

Assirt Research has said that Nexus Bonds Portfolio Linked Floating Rates Notes (PLFRN), as part of its assessment of alternative strategies and products, are suitable for sophisticated investors seeking the security of interest returns that are inflation ...

Recommitment to super issues being emphasised by federal politicians: ASFA

The recently concluded Association of Superannuation Funds of Australia (ASFA) conference in Brisbane has proven to be successful, with the association saying that it had been a good platform to air the views of the political parties on super.

Commonwealth Bank chief calls for raised labour productivity

AAP  |  THURSDAY, 20 NOV 2003
The head of Commonwealth Bank of Australia (CBA) has called for improved labour force productivity before the nation's ageing population becomes a drag on prosperity.

AMP expects strong second half earnings

AAP  |  THURSDAY, 20 NOV 2003
AMP Ltd's Australian Financial Services (AFS) division has enjoyed a pick up in business in the second half as the troubled group approaches the end of its demerger process.

Afternoon market wrap: Australian shares close higher

WITH AAP  |  WEDNESDAY, 19 NOV 2003
The Australian share market pulled into positive territory today, helped by strength in the banking sector...

BP Super searches for premium consultant

Research group Counterpoint has been recruited to assist the BP Superannuation Fund select a new implemented consultant.

Robert Orehek receives eight-year managing ban

The Supreme Court of New South Wales has made orders banning Robert John Orehek from managing corporations for a period of eight years, following an application by the Australian Securities and Investments Commission (ASIC).