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Market Wrap - Morning

AAP  |  TUESDAY, 15 FEB 2011
... day as investors weighed the impact of President Barack Obama's $US3.73 trillion ($A3.73 trillion) budget proposal for the next fiscal year. Obama's budget includes a five-year freeze on many domestic spending programs. The White House contends the budget ...

Self-directed investors challenge industry giants

MICHELLE BALTAZAR, ALEX DUNNIN  |  MONDAY, 14 FEB 2011
... portion of Australia's accumulated wealth. Financial Standard is a media partner of the SPAA conference to be held in Brisbane next week.

BT Financial expands into insurance

ELISE BURGESS  |  MONDAY, 14 FEB 2011
... launched BT Super of Life with the launch of a range of insurance products under its new brand, BT Insurance. "This is a logical next step in BT's innovation agenda... it's not just a product, it's not just a service and it's not just an underwriting ...

People powered

BENJAMIN ONG  |  MONDAY, 14 FEB 2011
... does not mean instant change for the better. No siree! Not by a long shot. I should know I've been in one - 25 years ago next week. I've participated in the first people power revolution - that in Philippines in 1986 - that toppled the 20-year authoritarian ...

Ahead of the pack

FINANCIAL STANDARD IS THE MEDIA PARTNER OF THE MFSS.  |  FRIDAY, 11 FEB 2011
... bar for everyone else. In financial services, they can be found within the ranks of the innovators and the pioneers. Early next month the Australian Centre for Financial Studies (ACFS) will reveal the winners of three prestigious awards - an innovation ...

Fundies turn to outsourcing to curb costs: report

MATT WOODINGTON  |  FRIDAY, 11 FEB 2011
... technology necessary to securing front office performance." For example, 77 per cent of survey respondents said that over the next three years, many of them will outsource non-core activities such as fund accounting and custody to back-office technology ...

ASIC retains key role as fin planning regulator: Shorten

ELISE BURGESS  |  FRIDAY, 11 FEB 2011
... National Institute of Accountants. There will be another meeting between the Minister and industry representatives within the next two months.

Sunsuper launches planner scholarship

ELISE BURGESS  |  FRIDAY, 11 FEB 2011
... plans to expand the scholarship program further to external candidates from 2012, with plans to raise that number to five next year and ideally to ten the following year. "We are hoping that this will be received very positively, particularly next year ...

Catching its second wind

BENJAMIN ONG  |  FRIDAY, 11 FEB 2011
... the close of trading - what it reveals is that investors are merely taking a breather, catching their second wind for the next move upwards. No one can blame them for this. In the month of January alone, the S&P 500 closed 2.26 higher. Sounds like nothing ...

IGCC launches climate risk survey

ELISE BURGESS  |  WEDNESDAY, 9 FEB 2011
... Climate Risk, the three major investor coalitions represent US$14 trillion in funds. Survey results will be available in the next quarter. The IGCC represents institutional investors, with total funds under management of approximately $600 billion.