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Online risk applications surpass paper-based: Asteron Life

LAURA MILLAN  |  MONDAY, 25 FEB 2013
Asteron Life research in 2012 revealed that the group was receiving three electronic-based risk applications for every two paper-based requests, prompting the insurer to redouble its efforts on addressing the technology aspect of providing risk advice. ...

Moody's downgrade drives demand for Aus bonds

BEN COLLINS  |  MONDAY, 25 FEB 2013
... has grown stronger after ratings agency Moody's downgraded Britain's credit rating, leaving global investors with one less top-rated economy. Moody's downgraded Britain's credit rating to AA1 from AAA, with Australia now the third largest triple-A bond ...

Morningstar Australia announces 2013 award winners

MICHELLE BALTAZAR  |  MONDAY, 25 FEB 2013
... winners of its annual Australian Morningstar Awards 2013, with Perpetual Investments, Perennial Partners and Hyperion among the top recipients. Perpetual Investments scooped the main gong as the Morningstar Australian Fund Manager of the Year Award 2013. ...

Market Wrap PM

AAP  |  FRIDAY, 22 FEB 2013
... 13,880.62, while the S&P 500 dropped 0.63 per ent to 1,502.42 and the Nasdaq Composite lost 1.04 per vent to 3,131.49. Locally, the top four banks were all performing strongly, leading the market higher. ANZ was up 26 cents, or 0.93 per cent, to $28.24 ...

BNP Paribas targets UHNW clients in Asia

MARK SMITH  |  WEDNESDAY, 20 FEB 2013
... its local staff numbers. The bank said the wealth management unit hopes the expansion will lead to it becoming one of the top three players in the region. More details of the expansion for 2014-2016 are expected to emerge during BNP Paribas' full year ...

Quality of Spain and Poland belies credit rating

MARK SMITH  |  MONDAY, 18 FEB 2013
... issuers, representing about 10% of the universe's market capitalisation, which presented significant reputational risk. The top ESG overweights for emerging markets were Poland and Chile. For developed markets, Spain topped the list for its better than ...

Still time to register for FICAP

STAFF JOURNALIST  |  FRIDAY, 15 FEB 2013
... wide event Who wants to be a RockStar? In what FICAP says is its best sponsorship start to the year, Challenger has taken the top Platinum sponsorship level for the first time, three of last year's Platinum sponsors have returned and 18 financial services ...

Topdocs automates SMSF deed updating

LAURA MILLAN  |  THURSDAY, 14 FEB 2013
Self Managed Super Funds document provider Topdocs released today the Topdocs SMSF Deed Update, an automated update system for deeds. The new system allows professionals save time updating SMSF deeds after legislative and rule changes. "The new update ...

All Ords at 5000 overvalued but...

BENJAMIN ONG  |  THURSDAY, 14 FEB 2013
... cost-cutting, including widespread job losses, are driving a recovery in margins for many companies no longer able to generate top-line growth." This is exemplified by another of yesterday's big news - Commonwealth Bank's better-than-expected and record ...

Macquarie launches SMSF Toolkit for advisers

LAURA MILLAN  |  WEDNESDAY, 13 FEB 2013
... technical materials. The new service provides a good practice section to help advisers engage future SMSF clients and a series of top 10 tips on how to set up, manage and wind up an SMSF. It offers materials such as templates and guides to conduct a ...