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Superannuation

New AXA boss outlines aspirational goals

AAP  |  TUESDAY, 30 MAR 2004
The new head of the Australian and New Zealand operation of AXA Asia Pacific Holdings Andrew Penn today outlined six goals that he hopes will take AXA from a player to an industry leader.

Macquarie raises $230 million for US infrastructure fund

AAP  |  TUESDAY, 30 MAR 2004
Macquarie Bank today said it raised nearly $230 million for a United States closed-end infrastructure fund.

Cromwell to sell units in second CDPT offer

AAP  |  TUESDAY, 30 MAR 2004
Cromwell Corporation Ltd said it was selling units in the second offer of the Cromwell Diversified Property Trust.

NAB calls off crisis board meeting

AAP  |  TUESDAY, 30 MAR 2004
The beleaguered National Australia Bank yesterday called off a planned crisis meeting of the bank's board so lawyers could pore over proposed resolutions put forward by dissident director Catherine Walter.

Vamos resigns from ASIC

Australian Securities and Investments Commission director of FSR licensing Pauline Vamos has resigned from the regulator.

Zurich offers IT services

Zurich Financial Services and Online Business Technologies (OBT) have joined to provide outsourced IT services to financial advisers.

Aon Consulting wins Caltex super tender

Caltex Australia has moved its 1700 member, $260 million superannuation plan from Mercer to Aon Consulting, following an extensive tender process.

Mariner adds to Lifestyle Bond range

Mariner Financial last week said it has lodged prospectuses for two additions to its recently launched range of seven, 10, 12 and 15-year Lifestyle Bonds.

Walter demands new NAB chair ahead of general meeting

AAP  |  MONDAY, 29 MAR 2004
Embattled National Australia Bank director Catherine Walter has conditionally agreed to quit, with the replacement of Graeme Kraehe as chairman among her list of demands.

Macquarie ProLogis to buy 90% stake in six US properties

AAP  |  FRIDAY, 26 MAR 2004
Macquarie ProLogis Trust said today it would acquire a 90% stake in six industrial properties in the United States, to further enhance its portfolio.