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Showing 131 - 140 of 3453 results for "Westpac"

Backlash after 'unprecedented' ASIC action against Westpac

ELIZABETH MCARTHUR  |  THURSDAY, 2 DEC 2021
An industry group for independent financial advisers and lawyers have come out criticising Westpac over the six cases brought against it by ASIC. Slater and Gordon Lawyers is calling on Westpac to 'walk the talk', after Westpac's chief executive Peter ...

Industry fund chief steps down, successor named

JAMIE WILLIAMSON  |  TUESDAY, 30 NOV 2021
... general manager, business transformation. He has also held roles with Lloyds Banking Group, Royal Bank of Scotland and Westpac. QSuper is in the process of merging with Sunsuper. When the two funds confirmed the post-merger executive lineup in June this ...

ASIC files numerous cases against Westpac

JAMIE WILLIAMSON  |  TUESDAY, 30 NOV 2021
In an unprecedented move, ASIC has commenced six civil penalty proceedings against Westpac for widespread compliance failures in its banking, wealth, superannuation and general insurance businesses. The six matters filed relate to charging fees to deceased ...

Risk inflows marginally recover

ANNABELLE DICKSON  |  FRIDAY, 19 NOV 2021
... NobleOak led the growth with 70.8%, followed by AIA (18.9%), ClearView (7%), Zurich (5.6%) and TAL (5.1%). Meanwhile, BT/Westpac recorded a 20.2% decline and Resolution also experienced a slight decrease in growth (2.8%). Annual risk sales declined 6% ...

InvestSMART launches ethical product

ANNABELLE DICKSON  |  THURSDAY, 18 NOV 2021
... are excluded from the criteria. The current top holdings in the fund are CSL, Commonwealth Bank, Apple, Microsoft and Westpac. The offer opened on November 15 and closes on November 26. The minimum investment is $10,000 with management fees capped at ...

Former adviser pleads guilty to fabricating evidence

ANNABELLE DICKSON  |  THURSDAY, 18 NOV 2021
A former financial adviser, who has previously worked for Westpac, Fortnum Private Wealth and Libertas Financial Planning, pleaded guilty to five criminal offences at the Downing Centre Local Court. Ezzat-Daniel Nesseim pleaded guilty to dishonestly ...

BT confirms changes to super business

JAMIE WILLIAMSON  |  TUESDAY, 16 NOV 2021
... understood. However, the spokesperson said the process of reviewing the super business is ongoing. "We have been very open that Westpac does not believe it is the long-term natural owner of the superannuation business and we have previously said we are ...

Aussie dividends recover losses

ANNABELLE DICKSON  |  MONDAY, 15 NOV 2021
... Bank hiked its dividends to within one eighth of its previous levels and ANZ following closely behind. Meanwhile, NAB and Westpac also increased their dividends. Full-year dividends are expected to be just 15% lower than their pre-pandemic level across ...

Economic recap: Week to November 12

BENJAMIN ONG  |  MONDAY, 15 NOV 2021
... profitability, employment). Better, business confidence jumped by 11 points to a reading of +21 in October. This is backed by the Westpac-Melbourne Institute index of consumer sentiment update that showed the index improving to a reading of 105.3 in ...

Millennials fastest growing SMSF cohort

ELIZABETH MCARTHUR  |  THURSDAY, 11 NOV 2021
... AUSIEX reported the top 10 most traded stocks for its SMSF segment are heavily weighted towards blue chips, including: BHP, Westpac, CBA, NAB, Woodside Petroleum, CSL, ANZ, Fortescue Metals, Macquarie Bank, and Telstra. It also reported SMSF accounts ...