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UBS builds adviser network through education

... financial training to existing employees and would-be advisers. The group will open the 'wealth management campus' early next year. It estimates that the campus will help educate at least 5,000 existing and future UBS Wealth Management staff over the ...

Daily economic round-up

PETER BELL  |  TUESDAY, 19 SEP 2006
... supported through Monash University showed that about an additional 270,000 technically skilled people would be needed over the next decade. The current meeting of the IMF has all but agreed to strengthen the voting rights of China, South Korea, Turkey ...

Southern Cross aims to invest early with VC fund

HAMISH MADDEN  |  TUESDAY, 19 SEP 2006
... early stage market is grossly undercapitalised with not enough capital to support the qualified deal flow for at least the next four to five years. "This in turn presents terrific opportunities for the fund to access the best deals at very attractive ...

Coming soon: Virgin personal loans

... Virgin Money Credit Card by launching the equally no-frills, low-fee Virgin Personal Loans product by the first quarter of next year. Chief executive David Wakeley said it was a logical step to enter the larger $88 billion personal loans sector having ...

Market wrap - morning

AAP  |  MONDAY, 18 SEP 2006
... the Dow and the S&P 500 closing near 2006 highs, as investors bet that the Federal Reserve wouldn't raise interest rates next week following tamer August inflation data. The Dow Jones industrial average closed 33.38 points stronger at 11,560.77. The ...

Daily Economic Round Up: All about Housing

PETER BELL  |  FRIDAY, 15 SEP 2006
... report the US is expected to finish this year having grown 3.4 per cent although this is anticipated to fall to 2.9 per cent next year. The IMF has expressed concerns that world growth is threatened and some uncertainty is likely to continue in equity ...

It's time to work together: MDRT

HAMISH MADDEN  |  FRIDAY, 15 SEP 2006
... (FPA), worked together collaboratively. MDRT has 180 members in Australia, a number it hopes to increase five-fold in the next five years, but it has some 30,000 members worldwide in 70 countries. "We translate our annual general meeting into more languages ...

Finsia expands education to Korea

HAMISH MADDEN  |  FRIDAY, 15 SEP 2006
... The cooperative relationship was formed last year with the provision of Finsia's derivatives training to KSDA members. The next phase of training will be around structured finance notes and equity linked warrants and will be supported by a special presentation ...

Increasing SG will cost 57,000 jobs: ACCI

ALEX DUNNIN  |  THURSDAY, 14 SEP 2006
... for federal parliamentarians." But in a shot over the bow of Federal Opposition Leader Kim Beazley, and in the run-up to next year's election which polls are tipping to be the closest since John Howard won office in 1996, the ACCI said, "Private sector ...

Watson Wyatt gives ipac global guidance

HAMISH MADDEN  |  TUESDAY, 12 SEP 2006
... "Success into the future requires ipac's research program to keep ahead of global trends and to identify emerging managers with next generation investment skill. Access to Watson Wyatt analysts spread across the globe gives ipac greater reach and an ...