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CommInsure launches insurance WriteAway

MICHELLE BALTAZAR  |  WEDNESDAY, 22 JUL 2009
... Planning who took part in an eight-week pilot program, said that he submitted an application late one afternoon and by the next day, the application was ready to complete. The system also enables planners to complete an accidental death policy in just ...

Yellow Brick Road drops acquisition strategy

MICHAEL HOBBS  |  WEDNESDAY, 22 JUL 2009
... have 20 branches open by calendar year 2009," he said. Yellow Brick Road is also taking a different approach to hiring its next head of business development - launching its own version of The Apprentice, a show made famous by US billionaire Donald Trump. ...

Microsoft battles Google Docs

MICHELLE BALTAZAR  |  TUESDAY, 21 JUL 2009
Financial services data in the clouds? You betcha. At least that's what Microsoft is going to do from early next year when it launches a free web-based version of its boxed software, the ubiquitous Microsoft Office. Asian, Indian and African financial ...

The market's next 800-pound gorilla

MICHELLE BALTAZAR  |  TUESDAY, 21 JUL 2009
... is creating an "800-pound gorilla" in the market that could drive up the cost of financing for the private sector over the next few years - particularly if more government bonds are issued to fund its budget deficit. Speaking at the ASFA lunch briefing ...

IFS adds three super funds

MICHAEL HOBBS  |  TUESDAY, 21 JUL 2009
... Fund Financial Planning (IFFP) announced it is not changing its hourly advice fee which remains at $220 per hour for the next financial year. "We review our fees every year and typically have adjusted it by WOTE or CPI," said Haynes. "The 2008-2009 financial ...

WA planning firm wins Telstra award

COMPANY RELEASE  |  MONDAY, 20 JUL 2009
... Telstra Business Award for Social Responsibility in Western Australia. The firm will represent WA in the national awards next month. According to the firm, it was the only financial services company to be recognised in WA. Addwealth won the award based ...

Shareholder activism misses the mark

MICHAEL HOBBS  |  MONDAY, 20 JUL 2009
... saying that if you want better governance then guess what? It should all apply to you guys too," said Ralph. "This will be the next big thing. It's not good enough for super funds to point the fingers at listed companies without taking on the same accountability ...

RBNZ could go zero

BENJAMIN ONG  |  MONDAY, 20 JUL 2009
... final three months of this year. However, his statement that the RBNZ cash rate target could stay at record lows until late next year betrayed this optimism. It appears that the RBNZ is now paying the price for its delayed reaction to the global financial ...

Market Wrap - Morning

AAP  |  MONDAY, 20 JUL 2009
... at JPMorgan boosted optimism about corporate earnings, but gains were capped by political uncertainty ahead of an election next month. The Nikkei-225 climbed 51.16 points to 9,395.32. HONG KONG - The Hang Seng Index rose 443.79 points, or 2.42 per cent ...

Hedge fund to overtake managed fund growth

MICHELLE BALTAZAR  |  FRIDAY, 17 JUL 2009
... slower pace but still 10 times the size of the hedge fund market. But the new wave of hedge funds and managed funds over the next few years will be structured differently to the ones created before the GFC. For example, hedge funds and managed funds ...