Products & Services

Russell teams with ANZ on ATMs

Independent Financial Adviser
Page: 10 : 16 June 2008
Original article by Victoria Papandrea

LexisNexis Summary: Products & Services

Russell Superannuation and ANZ Bank have jointly developed a new product for older Australians. The offering, which is a one-stop shop superannuation, pension and banking experience, will be available to Australians over 60 who are expected to transition into retirement through part-time work. The project involves adding ANZ's integrated transactional banking facilities to the Russell Private Active Pension solution. The product will be available from 1 July 2008

Marketing Strategy

Super members under-insured, unaware

Independent Financial Adviser
Page: 14 : 16 June 2008
Original article by Karin Derkley

LexisNexis Summary: Marketing Strategy

A joint report by the Australian Institute of Superannuation Trustees and the Industry Funds Forum indicates that Australians are underinsured. A survey conducted by Sweeny Research of more than 2,000 members of nine large industry super funds showed that more than 50 per cent of respondents were under-insured for death cover by at least $A100,000. David Barmer, executive chair of Sweeney Research, said a marketing campaign was necessary to improve knowledge of insurance needs

Consumer Behaviour

Car buyers swerve round gas guzzlers

The Australian Financial Review
Page: 9 : 24 June 2008
Original article by John Kehoe

LexisNexis Summary: Consumer Behaviour

Sales of new cars fell in Australia in May 2008. Sales dropped by 1.6 per cent to 87,000. The impact of higher fuel prices and high interest rates was evident in the four per cent decline in sales of four-wheel drive and utility vehicles to 17,00. Sales of passenger vehicles increased by 1.6 per cent to 52,200. In the year to May 2008, total new car sales increased by 2.6 per cent

Belts tighten as living costs soar

Herald Sun
Page: 13 : 23 June 2008
Original article by Geoff Easdown

LexisNexis Summary: Consumer Behaviour

Galaxy Research surveyed 1,052 Australians on behalf of ING Direct. The poll indicates that 75 per cent of Victorians plan to reduce their power use in response to rising living costs, while 28 per cent intend to cancel their pay TV subscriptions. Some 53 per cent of Victorians said they have already made changes to their spending, in areas such as personal luxuries and holidays. Sixty-five per cent of Victorian survey respondents said they intended to eat at restaurants less, and 63 per cent aimed to use their cars less

Dining out a luxury as living costs soar

The Advertiser
Page: 13 : 23 June 2008
Original article by Anthony Keane

LexisNexis Summary: Consumer Behaviour

South Australian (SA) families are ready to tighten their budgets in expectation of worsening economic circumstances in the new financial year. The ING Direct Savings Census shows that 63 per cent of SA families intend to save on eating out, 60 per cent plan to reduce their spending on personal luxuries such as gym memberships and beauty treatments, 52 per cent plan to take fewer holidays, and 40 per cent intend to save on birthday gifts