8 October 2008 | Shifting governance and investment policies will impact market.
12:00 AM | New arrangements confirmed.
8 February 2008 | Deal with Citibank.
23 August 2007 | New research a timely reminder.
9 October 2006 | The Australian Prudential Regulation Authority has issued new prudential standards governing the issue of outsourcing that are applicable to life insurance companies, authorised deposit taking institutions and general insurers.
21 September 2006 | Tower Australia has signalled it wants to move to a single group life system by the end of this year and overhaul and consolidate its underlying computer systems by 2009.
19 September 2006 | A review of its existing transfer agency and fund administration services arrangements has seen Goldman Sachs JBWere Asset management select RBC Dexia Investor Services to handle its $8 billion portfolio of funds in Australia.
24 August 2006 | Tower Australia Limited has continued down the outsourcing track, appointing State Street Corporation to provide unit registry services, unit pricing and custodial functions for Tower’s $2.6 billion Australian multi-manager product range.
22 January 2001 | BT Portfolio Services and Zurich Financial Services have bagged the lion’s share of Investor Group’s outsourcing of support services for its financial planning division, Investor Financial Planning (IFP).
7 December 2000 | By understanding trends in the industry over the past 12 months, TOM COLLINS believes advisers can be better prepared for the challenges that will face them over the coming year.
9 November 2000 | As reported in the last edition of Money Management Wes McMaster has been appointed as adjunct professor at RMIT in Melbourne. However, McMaster is not the first professor of financial planning in Australia as stated in the article.
20 October 2000 | Fund managers see IT development, customer service, investment management and custody as the biggest growth areas for outsourcing in the next 12 months, William M. Mercer’s 2000 Outsourcing Survey has found.
5 October 2000 | Towers Perrin has been awarded the largest outsourcing deal in Australia’s corpo-rate superannuation history.
17 August 2000 | Being an adviser is a tough job these days. Not only are advisers responsible for helping their clients to increase their wealth, they also need to focus on the value in their own business. While outsourcing administrative and back office functions can make life easier, it does come at a price - as Anthony Hunt reports.
11 July 2000 | Towers Perrin is entering the outsourcing market, rolling out a package aimed at large corpo-rate superannuation funds.
19 August 1999 | Fund managers must have the right people running their outsourcing services if they want to maintain their distribution relationships with financial planners.
"Financial planners are looking for the quality of the service they receive from fund managers. If this drops, then they look elsewhere," says Mercer Fund Management Services principal, Peter Worcester.
19 August 1999 | "The virtual corporation is based on the concept that the most power-ful asset an enterprise can have is intellectual property followed by cash. Everything else can be outsourced".
19 August 1999 | Despite a brief hiatus, demand for back office services from financial services organisations looks set to boom. Samantha Walker discovers why.
19 August 1999 | Financial planners may have a far higher success rate than most other small businesses, but there’s still plenty of room for improvement. Zilla Efrat asks some of the industry’s “coaches” just what advisers are doing wrong – and how they can do better.
19 August 1999 | Stepping out of a practice that one has spent a life time building up – and getting the highest return for it - is a complex process.
19 August 1999 | Why it is that the leading financial planning practitioners earn well in excess of $500,000 a year, while the vast majority of advisers generate annual incomes of less than $100,000?
27 May 1999 | Life and superannuation industries' are outsourcing 20 per cent more than they did two years ago, according to a new study.
And it appears the strong growth will continue with forecasts suggesting 10 per cent growth a year.
The study, conducted by Life and Superannuation Outsourcing Services (LSOS) and PVE Actuarial Services, found that each of the 21 Australian life and superannu-ation companies participating in the survey said that they had outsourced work over the last year.
The major area
13 May 1999 | A professional and highly sophisticated approach to competitive tendering for the provision of advice and services has never been more important than in to-day's value-conscious business environment.
The growth of outsourcing, the practice of many corporations putting business out to tender has become the norm, not only in traditionally pitch-related fields, such as advertising and design, but also across the spectrum of major corporate services such as financial planning, investment banking an
15 April 1999 | IPAC has announced plans to outsource the bulk its back office administration to BT Portfolio Services.
18 February 1999 | Vanguard has become the fourth major fund manager to outsource its registry operations to BT Portfolio Services.