|
The insurer of Prime Super’s Death, TPD and Income Protection cover (Metlife) has issued a statement explaining the extent to which they are invested in US companies affected by the current economic upheaval.
Based on this and discussions with Metlife, your Prime Super Trustee does not expect these circumstances to affect your Insurance or their operations in Australia. We will continue to monitor this situation for you.
| more...
With the news last week of the collapse of one of the world’s largest investment banks, Lehman Bros, the rescue of Merrill Lynch and AIG, and with more fallout expected from the US and around the world, it is a good time to consider what this may mean for Australia and at a more personal level, for your own financial circumstances. | more...
What’s Happened?
There has been a significant amount of coverage in the media over recent months in relation to sub-prime mortgage market concerns in the US and recent moves by the Reserve Bank and most Australian financial institutions to increase interest rates. | more...
The “Sub-Prime Crisis”
There has been a significant amount of coverage in the media over recent months in relation to the sub-prime mortgage market concerns in the US, the move by most Australian financial institutions to increase interest rates, the collapse of the Australian Centro Properties Group and general doom and gloom about the prospects for financial markets in general. | more...
|
To read recent newspapers reports and articles one would think that the financial sky is falling in. So should Prime Super members worry? The answer quite simply is a resounding NO!!! | more...
The Australian Stock market has enjoyed fantastic returns over the past three years and Prime Super’s investment team have ensured that our members have shared in this growth. | more...
At Prime we appreciate that your time is important and we are always looking for ways to make dealing with us easier and more convenient. Recent improvements to the member services section of the website mean that you can now advise us of changes that you wish to make to your investment strategy on line. | more...
In keeping with its mission to serve the needs of Regional Australians, Prime has recently opened new offices in three regional centres, two in Queensland and one in New South Wales.| more...
Over the past week or so we’ve seen share markets around the world cop an absolute battering and Australia was immune to the onslaught! | more...
|