Super: wait gets longer

Article Abstract:

New legislation due to take effect on Jul 1, 1999, will initially complicate restrictions on withdrawing from a retirement fund. Of the preserved, restricted non-preserved, and unrestricted non-preserved benefits, all contributions to the fund will be classified as preserved after Jul 1.

author: Quinlivan, Beth
Retirement Benefits, Management, Retirement income

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Wanted: retail partners

Article Abstract:

An analysis of Norwich Union Portfolio Partners, formed by the merger of Portfolio partners and Norwich Union, is presented. The new company will handle retail investors unlike its parent, Portfolio Partners, which dealt with only the wholesale market.

author: Quinlivan, Beth
United Kingdom, Insurance, Insurance Carriers and Related Activities, Financial Services, Finance and Insurance, INSURANCE CARRIERS, Mergers, acquisitions and divestments, Financial services industry, Insurance industry, Norwich Union PLC, Portfolio Partners Ltd., Norwich Union Portfolio Partners

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Wholesale performers open for retail business

Article Abstract:

Credit Suisse Asset Management has opened access to its pension funds to individual investors. Previously only open to wholesalers, the starting investment in Credit Suisse funds is $20,000, with a 3% start up fee.

author: Quinlivan, Beth
Investment banks, Credit Suisse Asset Management

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subjects list: Australia, Services
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